Philippine-based conglomerate GT Capital Holdings Inc bought more than 40% of car dealership Toyota Manila Bay Corp (TMBC) in a deal valued at PHP502.25 million.
George Ty
Breaking News
Philippine-based GT Capital Holdings Inc, which is owned by tycoon George Ty, announced its interest in contesting SM Group's PHP54.5-million proposal for the 300-hectare reclamation project in Pasay City.
Manila Electric Company (Meralco) said that its wholly owned arm would acquire a stake from GT Capital Holdings' power generation unit, according to a report from Reuters.
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