PHINMA Education Holdings Inc. (PEHI), the education arm of listed Phinma Corp., has purchased St. Jude College (SJC) Dasmariñas Cavite for P432 million.
PHINMA Education Holdings Inc. , the education arm of listed Phinma Corp., has purchased St. Jude College Dasmariñas Cavite for P432 million.In a disclosure on Monday, Phinma said the deal, which took effect on Friday, Dec. 6., brought PHINMA Education's ownership of the school to 94.62 percent.
'SJC Dasmariñas Cavite continues our thrust to make education as accessible as possible to underserved youth. Our newest school expands PHINMA Education's presence in Southern Luzon and nearby regions,' PEHI Country Chief Happy Tan said.Established in 1968, SJC offers undergraduate and graduate programs such as nursing, radiologic technology, psychology, business administration, accountancy, elementary education, secondary education, hospitality management, and computer science.
Unit Buys Cavite College For P432M
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