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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.
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El empresario Benjamin Tan Co invierte 187,93 millones de libras en IDC, adquiriendo una participación del 15% para impulsar su crecimiento.