Businessman Benjamin Tan Co invests ₱187.93M in IDC, acquiring a 15% stake to boost its growth.

Italpinas Development Corp. (IDC) secured a ₱187.93 million investment from businessman Benjamin Tan Co, acquiring a 15% stake in IDC. This capital will help IDC expand into new locations and develop assets in tourism and hospitality. IDC aims to become a leading developer of sustainable properties in the Philippines. The company's shares rose 2.96% following the announcement.

November 24, 2024
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