Tan Caktiong bayaw unloads P39M Jollibee shares
Food

Tan Caktiong bayaw unloads P39M Jollibee shares

A brother-in-law of bilyonaryo Tony Tan Caktiong has shaved off some of his holdings in Jollibee Foods Corp.

Cho Sit Ang, through Venice Corp., sold 200,230 JFC shares at a price range of P192.85 to P214 per share on July 6 and 12.

READ: Tan Caktiong’s bayaw cashes in P8.6M as Jollibee shares sizzle

The 70-yeard old JFC director still has P2 billion worth of shares in the company.

READ: Estate planning: Tan Caktiong, Jollibee ‘founding owners’ consolidate holdings in Hyperdynamic through P24.4B deal

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