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RCI welcomes new investor after P500-M deal

By Inquirer - 7 months ago
MANILA, Philippines — The Montinola family has gained a foothold in Roxas and Company Inc. (RCI) having acquired 9 percent of the latter’s shares for P500 million, and injecting fresh capital into the listed firm. In a stock exchange filing on Tuesday, the real estate and sugar firm said developer Stonebridge Corp., chaired by Gizela

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