Acquisition by Subsidiary of Shares in Property Holding Company

SBS Holdings and Enterprises Corporation (SHEC), the strategic investment arm of SBS Philippines Corporation (SBS), has strengthened its capital portfolio by acquiring 150,000 common shares in Goldchester Holdings Corporation, amounting to a 17% equity stake valued at ₱480,799,500.00. This targeted acquisition reflects SBS’s commitment to expanding its investment presence across key sectors in the Philippine economy.

With this move, SHEC reinforces the SBS Group’s long-term vision for diversified growth, strategic partnerships, and value creation. Goldchester Holdings, known for its dynamic asset base and business ventures, offers promising potential for collaboration and shared market expansion. The transaction demonstrates SBS’s proactive approach to capital management, positioning the group to benefit from emerging opportunities while strengthening stakeholder confidence.

Read the full PRESS RELEASE May 2017