Post by GGRAsia

Gokongwei’s planned US$33mln backing for PhilWeb to help it in gaming tech AI: Brian Ng: Philippines-listed gaming technology provider PhilWeb Corp confirmed in a Wednesday filing a circa PHP2.03 billion (nearly US$33.0 million) deal that will see entrepreneur Lance Gokongwei take initially a 10.0 percent stake in the firm’s issued and outstanding common stock. If a total of just over 93.8-million redeemable preferred shares of PhilWeb are fully exercised, Mr […]