House of Investments details financial foray

By Brix Lelis

Jan 09, 2024 12:22 am

YUCHENGCO-LED House of Investments (HI) on Monday said it planned to make financial services its core investment this year, replacing construction, in line with a diversification strategy.

In a disclosure to the stock exchange, the investment holding and management firm said it would create a new financial services unit comprising Malayan Insurance Co., Sun Life Grepa Financial Inc., and its existing 40-percent stake in RCBC Trust Corp.

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