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GT Capital buys 20% stake in FNG to align land development - BusinessWorld Online

Summary by bworldonline.com
TY-LED conglomerate GT Capital Holdings, Inc. said it acquired a 20% stake in Federal Land NRE Global, Inc. (FNG) from Federal Land, Inc. for P9.16 billion to better coordinate its land bank development projects, particularly in Riverpark. “The transaction reinforces GT Capital’s commitment to institutional synergy with FNG, for the enhancement of its projects,” GT Capital Treasurer and Chief Financial Officer Mr. George S. Uy-Tioco, Jr. said in…

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GT Capital buys 20% stake in FNG to align land development - BusinessWorld Online

TY-LED conglomerate GT Capital Holdings, Inc. said it acquired a 20% stake in Federal Land NRE Global, Inc. (FNG) from Federal Land, Inc. for P9.16 billion to better coordinate its land bank development projects, particularly in Riverpark. “The transaction reinforces GT Capital’s commitment to institutional synergy with FNG, for the enhancement of its projects,” GT Capital Treasurer and Chief Financial Officer Mr. George S. Uy-Tioco, Jr. said in…

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bworldonline.com broke the news on Tuesday, March 31, 2026.
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