COSCO Capital Inc. is injecting P7.2 billion in capital for spending this year, mainly for the expansion of its supermarket, liquefied petroleum gas, and real estate units.

On the sidelines of the stockholders’ meeting, Leonardo Dayao, the firm’s president, said its LPG business, Liquigaz, will get the lion’s share of P3.25 billion to expand facilities and keep its positions as the second largest LPG retailer in the country.

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