GSIS chief stands by Alternergy, Digiplus investments; windfall cited

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MANILA, Philippines — Government Service Insurance System (GSIS) President Jose Arnulfo Veloso has defended the pension fund’s investment in Alternergy Holdings Corp. and DigiPlus Interactive Corp., highlighting the significant windfall generated from both listed companies.

Veloso revealed that the GSIS has already earned P139 million from its exposure to online gaming firm DigiPlus. Meanwhile, its P1.45-billion investment in Alternergy, a renewable energy company, continues to yield positive returns for the pension fund.
https://business.inquirer.net/549013/gsis-chief-stands-by-alternergy-digiplus-investments-windfall-cited

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