US firm buys into Robinsons Land
An article published in The
Philippine Daily Inquirer, January 29, 2007
Manila, Philippines -- GMO Emerging Markets
Fund of the US has purchased 153.9 million shares, or a stake of 5.61
percent, in Robinsons Land Corp., the investment company told the Securities
and Exchange Commission here.
The series of purchases was made between November and this month, at P15 to
P16.20 per share, and executed by three foreign brokers on the stock
exchange here, it said.
The fund typically makes investments in stocks traded in emerging markets.
Robinsons Land closed unchanged today at P15.75.