STI wins PWU campus bid

THE STI Group, through its subsidiary STI Education Systems Holdings Inc., has secured ownership of the Philippine Women’s University’s (PWU) Manila campus after being declared as the winning bidder in a foreclosure auction.

In a disclosure to the stock exchange, STI said it was declared by the Manila Regional Trial Court as “the winning bidder for properties along Taft Avenue, Malate, Manila where the PWU school is located,” as well as for another property along Pilar Hidalgo Lim Street, both previously owned by the Benitez Group.