Tycoon offers $10B for Pagcor

San Miguel vice chair Ramon S. Ang is proposing the privatization of PAGCOR to raise capital and transform the country into a tiger economy. Ang has made it clear that he and his Malaysian ‘big boys’ would be willing to purchase PAGCOR and provide some capital for the cash strapped president Benigno Aquino III. These ‘big boys’ certainly have the big bucks to back it. Read more.