C05419-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 7,520,983,658 |
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Subject of the Disclosure |
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JGS’ 1H24 core profits rose twofold from strong leisure demand & merger gains |
Background/Description of the Disclosure |
JG Summit Holdings, Inc. (JGS), one of the Philippines’ largest and most diversified conglomerates, generated a 99% increase in its core profits to Php18.1 billion in 1H24, driven by the strong demand for travel and leisure activities as well as the realized gains from its bank merger at the start of the year. |
Other Relevant Information |
Please see the attached JGS SEC Form 17-C Current Report. |
Name | Maria Celia Fernandez-Estavillo |
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Designation | Chief Legal Officer and Corporate Secretary |