Fresh with cash from its shareholdings sell-down in Metro Pacific Hospital Holdings, Inc. to KKR and GIC, Metro Pacific Investments Corporation (MPI) announced on October 1, 2020 a 5 Billion-Peso share buyback program. It seems that for now MPI can’t find an attractive target other than its own shares. Just last December 2019, MPI completedContinue reading “Retail, domestic funds, and foreign investors grab Metro Pacific Investment (MPI) shares after 5 Billion-Peso share buy-back announcement”
Tag Archives: Metro Pacific Investments
GTCAP may have to keep access to credit facilities handy
The first half of 2020 (1H 2020) saw the worst of the measures to keep COVID-19 at bay. As a result, business activities were grounded almost to a halt. GT Capital Holdings, Inc. (GTCAP) was not spared. Automotive operations and real estate sales declined in first half of 2020. Real estate operations of GTCAP areContinue reading “GTCAP may have to keep access to credit facilities handy”