Tan Caktiong’s bayaw locks in P65 million gains from sale of smokin hot Jollibee shares

The brother-in-law of ultra bilyonaryo Tony Tan Caktiong took advantage of Jollibee Foods Corp.’s (JFC) sizzling run to take profits.

Antonio Chua Poe Eng, through his holding firm Honeyworth, sold 250,000 shares at a price range of P249 to P259 (a tad short of its 52-week high of P259.60) on November 21.

The JFC director still has 19.232 million shares worth P4.923 billion in his portfolio.