LT Group Inc. announced on Tuesday a capital expenditure (capex) program of P10 billion for 2017, bulk of which will be earmarked for the construction projects of its real estate arm Eton Properties Inc. and technology upgrades of banking unit Philippine National Bank (PNB).
“Four to five billion [pesos] for Eton and two to three billion [pesos] for PNB,” LT Group Inc. President and Chief Executive Officer Michael Tan told members of the press.
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