Lucio Tan To List PAL Through Another Company
Lucio Tan, majority shareholder of Philippine Airlines, has used Baguio Gold Holdings Corp (BGHC), a listed company he controls in Manila, to acquire 90% of the carrier's stock. Baguio issued a bulk of new shares in exchange for the PAL stock. It could not be determined how many new shares were...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
