Bilyonaryo brothers Arthur and Alfred Ty together bought about ₱45 million worth of shares in Metropolitan Bank & Trust Co. (Metrobank), adding to the Ty family’s exposure to the lender, regulatory filings showed.
Arthur, Metrobank’s president, acquired 309,943 common shares on Jan. 19, lifting his total beneficial ownership to 15,937,456 shares, equivalent to 0.35437% of the bank, including indirect holdings through family members and corporate vehicles.
Alfred, who heads the family’s holding firm GT Capital Holdings and Toyota Motor Philippines, also bought 309,943 common shares on the same date, raising his total beneficial stake to 17,397,665 shares, or 0.36884% of Metrobank.
At a market price of ₱71.80 per share, the brothers’ combined acquisition of 619,886 shares is valued at ₱44.51 million, with the shares transferred following a judicially approved settlement of estate.
Arthur’s filing shows his beneficial holdings include indirect stakes through Grand Titan Capital Holdings Inc. (203,246,909 shares), Horizon Royale Holdings Inc. (11,769,104 shares) and Nove Ferum Holdings Inc. (76,226,918 shares), while Alfred’s disclosure lists indirect holdings via 82 Alpha Holdings Corp. (54,871,292 shares) and Grand Estate Property Corp. (3,252,694 shares).
