Brown, one of the country’s top metals and oil hunter, sold a total of 3.384 million shares of Atok Big Wedge at a price range of P7.98 and P8.56 per share from March 5 to 10, 2021.
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Brown, the company’s EVP, is still Atok’s second single biggest shareholder with P3.123 billion worth of shares or 16 percent under his company, North Kitanglad Agricultural.
Brown was ranked the 40th richest Filipino by Forbes in 2018 with a net worth of $200 million.
Ongpin owns 58.4 percent of Atok worth P11.43 billion at current market prices.