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Hating kapatid! Lucio Co and wife Susan buy P37M Cosco shares, spreads equally among 4 children

Bilyonaryo Lucio Co and his wife Susan acquired P37 million worth of Cosco Capital Inc. shares that they distributed equally among their son and three daughters.

In a report to the Philippine Stock Exchange, Co said he and his wife bought a total of 7.34 million Cosco shares at P5 each on September 4.

READ: Like father, like kids: Lucio Co’s children gobble up P76M worth of Cosco shares

The shares were lodged under SB Equities in the name of their four children who got 1.835 million shares each – Ferdinand Vincent (total 3.13 percent share in Cosco), Pamela Justine (3.13 percent), Camille Clarisse (1.48 percent), and Katrina Marie Co-Go (.82 percent).

Co said that these stock purchases should be classified as “indirect shares” of the couple.

A week before the Puregold owner’s stock purchase, the Co children loaded up P76 million worth of Cosco shares.

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