Technology

Nearly P40M windfall: Greg Yu strikes gold, sells millions of Dito shares at peak price

Auto Nation Group Inc. chair Greg Yu sold millions of shares of DitoME Holdings at its peak price last week.

The Dito director gained nearly P40 million from the sale of five million shares in the holding firm controlled by bilyonaryo Dennis Uy.

RELATED STORY: Bobby Ongpin nephew offloads P132M DITO CME shares

The local Mercedes Benz dealer took advantage of Dito’s surge from October 5 to 6 where he sold between P6.25 and P8 (total 2.8 million shares).

RELATED STORY: Greg Yu selling spree continues: Mercedes importer dumps over 2M shares of DITO

Dito closed at P6.16 today, October 12. Yu still has P246 million worth of Dito shares left.

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