MANILA, Philippines – Conglomerate Phinma Corp.’s education arm has acquired a controlling stake in Southeastern Colleges Inc. for P690 million, expanding its school network in southern Metro Manila and nearby provinces. In a disclosure on Monday, the company led by Ramon del Rosario Jr. said Phinma Education Holdings Inc. purchased 64,834 shares, equivalent to an 84.91-percent stake, in Southeastern Colleges, along with additional shares tied to the school’s land and buildings. READ: Phinma weighed down by construction, property businesses The investment was made under a share and asset purchase agreement and was completed on March 13, 2026, after all closing […]... Keep on reading: Phinma unit acquires majority stake in Southeastern Colleges