PhilWeb and JKS Tech Solutions Enter US$67.4 Million Cross-Investment Deal

PhilWeb trading suspended over P4.23-B deal

MANILA, Philippines — The Philippine Stock Exchange (PSE) on Tuesday suspended trading in PhilWeb Corp. shares after it classified the company’s P4.23-billion investment in JKS Tech Solutions Inc. as a substantial acquisition. The suspension took effect at 9 a.m. and will remain in place until the gaming technology firm submits the comprehensive disclosure required by the

PhilWeb and JKS Tech Solutions enter US$67.4 million cross-investment deal

Philippines gaming platform provider PhilWeb Corp has entered into a series of transactions with JKS Tech Solutions, Inc under which […]

PhilWeb's multibillion bet on JKS gaming tech triggers PSE suspension

Fresh off Lance Gokongwei's P2-billion capital injection and appointment as chairman, PhilWeb is betting big on a multibillion-peso gaming tech investment that could define its turnaround

PhilWeb group, JKS Tech agree $67.5M cross-equity deal

PhilWeb and JKS Tech agreed to a cross-equity deal involving a $67.5 million investment and a 4.85 percent stake in PhilWeb. The post PhilWeb group, JKS Tech agree $67.5M cross-equity deal first appeared on Asia Gaming News | AGB - Asia Gaming Brief.