JG Summit Holdings Inc. (PSE: JGS) has acquired on January 7, 2011, a total of 150,000 common shares of Cebu Air Inc. (PSE: CEB). The stock acquisition has increased the company’s present shareholdings in Cebu Air to 1,770,910 common shares.
About JG Summit
JG Summit Holdings Inc. (JGS) is the holding company for a group of companies with substantial business interests in branded consumer foods, agro-industrial and commodity food products, property development and hotel management, telecommunications, air transportation, petrochemicals, and international capital and financial services. In addition, JGS has business interests in other sectors, including power generation and insurance.