Business NEWS

In response to calls for humanitarian needs following Super Typhoon Odette (Rai) that raged across Southern Philippines, 2GO Group Inc. moved tons of relief goods port-to-port to victims for free.

The Philippine’s largest transportation and logistics provider, 2GO Group, Inc., completed its COVID- 19 vaccination drive after inoculating 96 percent of its workforce.

2GO Group Inc.’s business arm 2GO Sea Solutions, the leader in domestic freight transportation in the Philippines, aims to boost supply chain efficiency to support the country’s commerce and trade as the economy reopens.

SM Investments Corporation (SMIC) has taken control over 2Go Group Inc. with the completion of the divestment of Dennis A. Uy from the company in favor the Sy family’s investment arm and Singapore private equity fund Archipelago Capital Partners Pte. Ltd.

2GO Group Inc., the Philippines’ largest integrated transportation and logistics provider, upholds Filipino aspirational values by naming its newest state-of-the-art passenger vessel as “MV 2GO Maligaya.”

SM Investments Corporation (SMIC) is acquiring the 31.73 percentstake of Chelsea Logistics and Infrastructure Holdings Corporation in 2GO Group Inc., for about P6.64 billion, to gain control of the shipping and logistics firm.

Eight firms under the SM group of companies received Golden Arrow Awards from the Institute of Corporate Directors (ICD) for performing well in the ASEAN Corporate Governance Scorecard (ACGS).

Seven members of the SM Group of Companies, led by flagship SM Investments Corporation (SMIC), clinched 10 awards for their high scores in the recently concluded 2019 ASEAN Corporate Governance Scorecard (ACGS) assessments.