GT Capital invests $200 million in Japan's Toyota Motor

ABS-CBN News

Posted at Jun 28 2018 10:51 AM

A Toyota Vios sedan is shown in this photo from Toyota Motor Philippines' Facebook page

MANILA -- GT Capital Holdings said Thursday it would invest 22 billion yen or $200 million (P10.7 billion) in Toyota Motor Corp.

The purchase will be financed through debt, GT Capital said in a disclosure to the stock exchange.

GT Capital owns 51 percent of Toyota Motor Philippines while the rest of the company is held by Toyota Motor Corp of Japan.