BUSINESSMAN Roberto V. Ongpin has divested himself of his 53.76-percent stake in gaming technology firm PhilWeb Corp., in a final bid to save the firm that has been under fire from President Rodrigo Duterte.
“It is with deep regret that I am hereby informing you that I have decided to divest of my entire holdings in PhilWeb Corp. consisting of 771.651 million shares, which is equivalent to 53.76 percent of the company,” Ongpin said in a statement on Monday.
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