The Gokongweis own Cebu Air

JOLLIBEE Foods Corp. (JFC) sold 70,000 common shares on Feb. 1, 2021, to its affiliate Hyper Dynamic Corp. (HDC). The sale to HDC at different prices increased JFC’s ownership to 278,035,910 common shares, divided into 263,218,750 common shares (direct) and 14,817,160 common shares, or 25.1 percent. Before the deal, the buyer used to own 277,965,910 JFC common shares, divided into 263,218,750 common shares (direct) and 14,747,160 common shares.

HDC’s acquisitions were as follows: 4,000 at P177 per share; 4,000 at P177.10 per share; 4,000 at P177.20 per share; 4,000 at P177.30 per share; 4,000 at P177.40; 4,000 at P177.50; 4,000 at P177.60 per share; 4,000 at P177.70 per share; 4,000 at P177.80 per share; 4,000 at P177.90 per share; 4,000 at P178 per share; 5,460 at P178.10 per share; 4,120 at P178.20 per share; 4,340 at P178.30 per share; 4,020 at P178.40 per share; 2,430 at P178.50 per share; 2,010 at P178.60 per share; and 3,620 at P178.70 per share.