Emeterio Sd. Perez
Emeterio Sd. Perez

GOKONGWEI Brothers Foundation Inc. owns 1.997 billion common shares in JG Summit Holdings Inc., the listed flagship holding company of businessman John Gokongwei Jr. and his family. Its holdings represent 28.46 percent of JGS’s 7.017 billion outstanding shares. At JGS’s closing price of P65.40 on Monday, the huge block had market value of P130.609 billion that day.

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