Tan Caktiong’s protege Don Alexander Lim buys P3.4 million shares after Jollibee swallows Korea’s Compose Coffee

A millennial executive close to ultra bilyonaryo Tony Tan Caktiong has further boosted his portfolio with additional Jollibee Foods Corp. (JFC) shares.

JFC treasurer Don Alexander Lim bought a total of 14,700 shares at a price range of P233.40 to P234.40 on July 8.

This purchase brings Lim’s holdings to 399,500 shares, valued at ₱92 million.

Lim’s purchase comes just a week after JFC took control of South Korea’s Compose Coffee in $340 million deal.

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From Chickenjoy to coffee wars: Tony Tan Caktiong’s Jollibee eyes domination in South Korea’s coffee market with $340 million deal

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