Philippine billionaire Lance Gokongwei is hiving off about 30.7 billion pesos ($536 million) worth of shopping malls into his family’s RL Commercial REIT that will help the group’s diversified property arm Robinsons Land Corp. raise funds to bankroll its expansion plans. Robinsons Land—a developer of offices, residences and hotels controlled by the Gokongwei family’s JG
Posts published by “Ian Sayson”
The Charoen Pokphand Group, an agriculture conglomerate controlled by the family of Thai billionaire Dhanin Chearavanont, will spend 10.55 billion pesos ($179 million) to breed and raise hogs in the Philippines. Charoen Pokphand Foods (CPF) Philippines Corp., a unit of Charoen Pokphand Foods, will spend that amount on 20 new breeding projects across the country