Puregold, Lawson Form JV

Manila—(PHStocks)—Puregold Price Club Inc. (PSE: PGOLD) has formed a joint venture (JV) with Lawson Asia Pacific Inc. and Lawson Inc. to build and operate convenient stores.

The move is a natural extension of PGOLD’s presence in the local retail landscape. The JV will be 70% owned by PGOLD and 30% owned by Lawson.