Still bullish: Sabin, Ana Maria load up P83M Aboitiz Equity shares

Bilyonaryo Sabin Aboitiz and his niece, Ana Maria A. Delgado, shrugged off the downbeat market to accumulate more shares of the family’s holding company.

Sabin bought a total of 1.281 million shares of Aboitiz Equity Ventures (AEV) at a price range of P47.74 and P51.05 on June 27 and and June 30.

The AEV president and CEO increased his personal holdings to 31.579 million shares or P1.54 billion.

Delgado snapped up 353,928 AEV shares at P51.05 each on June 27. She now has 27.945 million shares worth P1.4 billion.

Armed client holds bank staff hostage to access savings

An armed customer threatening to set himself ablaze held bank workers hostage throughout the day Thursday in Lebanon’s capital, demanding to withdraw his trapped savings to pay hospital fees, security sources and a family member said.