Jacinto Ng Sr. took the company public in May 2013, raising $192 million in the process. In addition, he partly derives his wealth from his biscuit maker called Rebisco, a privately-owned company that is launching a range of ready-to-eat meals. Furthermore, he holds shares in the property arm Extraordinary Group, which is building low-cost apartments for $8,000 each. Also an owner of a hotel outfit Quantuvis that runs the Oakwood brand of serviced apartments in Manila, Jacinto Ng Sr. has stakes in Sy’s listed property units Belle Corp and Highlands Prime.