Tony Tan Caktiong’s protege Don Alexander Lim snags P7.5M Jollibee shares

Ateneo professor Don Alexander Lim has increased his personal stake in Jollibee Foods Corp. (JFC) by 16 percent a year after replacing ultra bilyonaryo Tony Tan Caktiong’s brother as treasurer of the fast food giant.

RELATED STORY: Tony’s trusted millennial: Ateneo professor Don Alexander Lim replaces Tan Caktiong’s brother as treasurer

Lim purchased a total of 38,420 JFC shares on June 6, 20, 22 and 23 at a price range of P192.80 to P201.

He now has a total of 264,800 JFC shares with a market value of P53 million.

Lim replaced Joseph Tanbuntiong as treasurer in June 2021. Lim alsob heads JFC’s corporate strategy and business development leading to mergers and acquisitions.

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