WebMar 19, 2024 · Published March 19, 2024 11:01am. Davao-based businessman Dennis Uy’s Chelsea Logistics and Infrastructure Holdings Corp. is divesting from 2GO Group Inc. by selling its entire stakes in the shipping firm to SM Investments Corp. (SMIC) in a bid to raise funds to refinance its debts and shield the company from potential losses. advertisement. CHELSEA Logistics and Infrastructure Holdings Corp. has completed the sale of its shares in 2GO Group, Inc. to SM Investments Corp. (SMIC) and Trident Investments Holdings Pte. Ltd. It said the sale was completed on June 3, transferring the ownership of 550,558,388 common shares of 2GO to Sy-led SMIC, and of 230,563,877 common shares to Trident ...
2GO offers sea travel sale The Manila Times
WebMar 15, 2024 · 2Go, which has a market value of P22.4 billion, reported a loss of P1.04 billion as of September last year, larger than its P923 million loss in 2024, after revenue dropped 16 percent during the pandemic. At the same time, Chelsea Logistics recorded a net loss of P367.2 million from its 2Go stake, its latest disclosure in September showed. [email protected]: Business Hours : Monday-Sunday 10:00Am-9:00Pm: Remarks : Acceptance And Delivery: 2GO SM MANILA: Contact Person : Rommel De Vera: Address : 152 Unit A Upper Ground Floor, SM Manila ( Infront Of Carpark Entrance ) Phone No. : (02) 484-5061: Email Address : five letter words with 2 e\u0027s
2GO opens largest crossdock facility in Parañaque
WebApr 16, 2024 · 2GO Travel, the country's premier sea travel provider, gives travelers another reason to 'sea' the Philippines' islands with its P99 sea sale, already inclusive of a 50 kg baggage allowance which will run until April 18, 2024. ... Travelers can also book tickets at 2GO retail outlets, SM Business Centers, or any of the 2,000 authorized agents ... WebJul 31, 2024 · F2 won the P1.61 billion project over three other pre-qualified rivals – LBC Express, Airspeed International, and 2GO Express, Inc. Uy used to control 2GO when it won the logistics contract in the 2016 presidential elections. The SM group took control of 2GO in 2024 and bought out Uy’s shares in May 2024 WebJun 3, 2024 · Sy family’s SM Investments Corp. (SMIC) on Thursday said it has completed the purchase of the shares of Chelsea Logistics and Infrastructure Holdings Corp. in 2GO Group Inc. In a disclosure to the Philippine Stock Exchange, SMIC said it has completed its acquisition from KGLI-NM Holdings Inc. of 550,558,388 common shares representing … five letter words with 0 and e