PhilWeb Corp. and JKS Tech Solutions Inc. have entered into a series of transactions that will see PhilWeb and its wholly owned subsidiary invest a combined ₱4.23 billion (approximately US$67.4 million) in JKS, while JKS acquires a 4.85% stake in the listed Philippine gaming technology company. The deal gives PhilWeb a substantial investment in a business-to-business technology and digital infrastructure provider serving licensed operators in the country's digital entertainme