Monday, October 22, 2007

JG Summit acquires 17.7% stake of Marubeni Corp. in JG Summit Petrochemical...

JG Summit Holdings Inc., the holding firm of the Gokongwei group, has regained 100% ownership of its subsidiary JG Summit Petrochemical Corp. This has been possible with the acquisition of 17.7% stake held by Japanese conglomerate Marubeni Corp. in JG Summit Petrochemical Corp.

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