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Ex-P&G PH boss Johnip G. Cua sheds some Macroasia stock

Macroasia Corp. director Johnip Cua rode on the recent rise in the Lucio Tan-owned stock to raise some cash from his portfolio.

The former Procter & Gamble president and current Xavier School chairman sold a total of 400,000 Macroasia shares on November 20 and 23 at a price range of P7.70 and P8.30.

Cua got P3.206 million proceeds from the sale. His remaining Macroasia Holdings are worth P36.42 million.

The 63-year old executive is also an independent director of LT Group, PAL Holdings, and Century Pacific Food.

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