SM Group focused on growing 2GO

THE SM Group is focused on growing 2GO Group Inc., the logistics provider owned by Negros Navigation Company Inc. in which it acquired a 34.5 percent stake earlier this year for a whopping $125.4 million.

“We want to focus on increasing 2GO,” SM Investments Corp. President Frederic Dybuncio told reporters on the sidelines of 2GO’s annual stockholders meeting held in Pasay on Wednesday.