Hector Thomas A. Navasero acquired 24.24% stake in Philab Holdings Corp. from Rewa Romina Cristina L. Santos for approximately PHP 130 million on July 17, 2019. Under the terms, 500 million shares were acquired at the price of PHP 0.25 per share. Hector Thomas A. Navasero completed the acquisition of 24.24% stake in Philab Holdings Corp. from Rewa Romina Cristina L. Santos on July 17, 2019.