Lance Gokongwei
MANILA, Philippines — Tycoon Lance Gokongwei has taken the helm of PhilWeb Corp. after investing P2.02 billion in the the listed gaming technology firm, which is ramping up its artificial intelligence (AI) infrastructure for the regulated digital gaming sector.
In a disclosure on Friday, PhilWeb said Gokongwei had acquired 159.53 million common shares at P8 each on Aug. 27 under a previously executed share purchase agreement.
READ: Lance Gokongwei takes PhilWeb board seat after P2-B investment
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