PhilWeb Subsidiary Acquires PAGCOR e-Games Site in Mandaue

Makati—(PHStocks)—PhilWeb Corp. (PSE: WEB), thru its subsidiary BigGame Inc., has acquired 100% ownership of a PAGCOR e-Games site in Mandaue City from Noel C. Basubas by giving the latter 150,000 PhilWeb common shares, at a price of PhP11.00 per share, for his 49% ownership in said site.

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