GSIS is on a selling spree! They have just sold their stake in San Miguel Corp., saying that the market condition is good for them. Wowowee!!! FYI, SMC shares are doing badly! and GSIS has sold their other stocks and raised a total of P25 billion, worthy of triggering speculations on what drove them to make such enormous moves!
GSIS employees continue to rally, insisting that their president Winston Garcia should be sacked because of catastrophic degrees of corruption. Hmmm... a month before the upcoming senatorial elections where administration candidates are trailing behind, what could be GSIS' objective to go on a selling spree?
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