James Go more than doubles stake in Robinsons Land after buying roughly P120M shares in 2 months
Business

James Go more than doubles stake in Robinsons Land after buying roughly P120M shares in 2 months

Bilyonaryo James Go is bullish on his family’s property unit, Robinsons Land Corp. (RLC).

Go amassed a total of 7.2 million shares in a series of transactions from August 13 to October 8 at a price range of P15.48 to P16.80.

The RLC chairman emeritus increased his stake in the company by 120 percent to 13.246 million shares after his string of acquisitions.

RLC is down 24 percent year-to-date at its recent close of P16.08.

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