25/08/2020
ROBINSONS Retail Holdings, Inc. (RRHI) will be reallocating P325 million from the proceeds of its initial public offering (IPO) to settle bank loans, and to acquire and maintain information technology assets.
Robinsons Retail Holdings Inc. (RRHI), the retail business of the Gokongwei family, is set to expand into the Visayas region with the acquisition of a major stake in a hardware chain that has operations in Cebu, Iloilo, Bacolod, among other cities. Through its subsidiary Robinson’s Handyman, Inc.,...