The Reyno family has increased its holdings in Manila Jockey Club Inc., Southeast Asia?s oldest racing club operator.
Separate filings with the stock exchange showed that Manila Jockey chairman and CEO Alfonso Reyno Jr. and two sons acquired a total of 74,700 shares of the company or 24,900 each from Nov.2 to 3.
The Reyno patriarch acquired the shares at a price ranging from P2.71 to P2.78 per share, increasing his shareholdings to 9.23 percent or 91.98 million shares.
Alfonso Reyno III, president and COO of Manila Jockey, raised his stockholdings to 1.19 percent equivalent to 11.87 million shares.
Christopher Reyno, who sits as director, increased his holdings to11.1 million shares or 1.11 percent of Manila Jockey.
Manila Jockey has been on an upward trend since last week. From its close of P2.73 on Nov. 3, the stock has gone up to P2.90 Thursday.
