James Go grabs P35M RLC shares ahead of REIT

BILYONARYO.COM

Go purchased a total of 2.1 million RLC shares from September 6 to 9 at a price range of P16.75 to P16.80 from September 6 to 9.

READ: James Go loads up on P53M PLDT shares

The RLC chairman emeritus’ latest stock haul boosted his RLC stake by 33 percent to P142 million.

RLC has pegged at P6.45 per share the initial [public offering price of its RL Commercial REIT (RCR) which would make it the country’s largest REIT with a market capitalization of P64.2 billion.

RLC is expected to raise up to a total of P23.51 billion from RCR.

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