JG Summit Ups CEB Shareholding
JG Summit Holdings Inc. (PSE: JGS) acquired on February 25, 2011, a total of 653,940 common shares of Cebu Air Inc. (PSE: CEB), the Philippines’ largest flag carrier.
The recent acquisition has boosted the present shareholdings of JG Summit Holdings in Cebu Air to 6,595,190 common shares.
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