JGS on the lookout for acquisitions

11 Mar


JG Summit Holdings, Inc. (JGS), the Philippines’ second largest conglomerate by market value, remains on the lookout for acquisitions following its food subsidiary’s $609 million takeover of a New Zealand snacks maker, its president said.

Which stocks to BUY or SELL? Find out on!

JG Summit plans to build an up to 600 megawatts coal-fired power facility south of the capital while its almost $1 billion naphtha cracker plant will reach full capacity in the coming months, with the project contributing $800 million to $1 billion in annual revenues.

Leave a comment

Posted by on March 11, 2015 in Corporate News, JGS, Stock Market


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: