The Del Rosario family-led conglomerate Phinma Corp is wasting no time putting fund management giant KKR’s P2.5-billion investment to work with its P431.8-million acquisition of SJC Dasmariñas.
The deal adds 3,000 students to PHINMA Education’s network, which now totals 167,000 enrollees, making it the largest private education network not just in the Philippines but also in in Southeast Asia.
The Del Rosario family-led PHINMA Corp. completed its first public share sale in nearly three decades, raising P1 billion through a successful stock rights offering on the Philippine Stock Exchange.
Phinma Corp. recently began the construction of a multimillion-peso manufacturing plant to produce insulated panels, aiming to address climate change and enhance food security in the Philippines.