GIC Increases Common Equity Ownership in Emperador
Posted on 11/30/2017
Philippines-based Emperador, Inc. moved to issue an additional 122.39 million new shares, through an existing equity linked security agreement, worth 832.26 million PHP to Arran Investment Private Ltd., a sovereign wealth enterprise of Singapore’s GIC Private Limited. The new shares have a par value of 1 PHP each. GIC has been an active institutional investor […]
