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Gokongwei-led JE Holdings proposes voluntary delisting of RRHI with ₱48.30 tender offer.

The property giant’s retail group filed a disclosure with the PSE on March 27 announcing its voluntary delisting.

JE Holdings, a private investment firm owned by the Robinsons Group’s Gokongwei family, intends to make a tender offer with a view to voluntary delist RRHI from the PSE. Issued and outstanding common shares of RRHI that are not beneficially owned by JE Holdings will be sold at ₱48.30 per share.

RRHI has also requested a voluntary trading suspension today in light of the announcement.

The move may be seen as a consolidation measure as real estate revenues see conservative to declining gains. Robinsons Retail reported a core net income of ₱6.7 billion in 2025, a 6% increase from the year prior.

 
 

RRHI is set to go private. Following a ₱18.4 billion tender offer from JE Holdings, the retail giant requested a trading suspension on March 27, 2026, to finalize its exit from the Philippine Stock Exchange.

 
 

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