PHILIPPINES PRESS-Lucio Tan buys more shares in PNB - Malaya

Tue Jan 21, 2014 7:31pm EST

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Filipino tycoon Lucio Tan's holding firm LT Group Inc has increased its stake in Philippine National Bank to 59.88 percent from 48.61 percent by subscribing to an ongoing stock rights offering, Malaya Business Insight reported.

(link.reuters.com/fuz26v)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Prateek Chatterjee)

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