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Pure Gold is a chain of supermarkets that trades in housewares, canned goods, toiletries, dry goods, and food products on a retail and wholesale basis. It owns over 280 stores and up to 20 food service stalls. Incorporated in September 1998, the company mostly trades in consumer goods.
Pure Gold owns, among others Entenso Equities, Inc., a holding company for San Roque Supermarkets and Ayagold Retailers, Inc. and operates a branch in Subic Bay, Olongapo City. In 2018, it incorporated Purepadala, which mainly operates remittance services. By the end of 2021, it had expanded to 100 supermarkets, 263 hypermarkets, 28 extras, 39 minimarts, and three Merkado branches, among others.
Launched in 1998 by Lucio Co, a Chinese Filipino businessman, it started its first branch along Shaw Boulevard, Mandaluyong. In October 2011, it went public and was listed on the Philippine Stock Exchange.
In 2012, the company acquired the Kareila Management Corp., which owns S&R Membership Shopping and has also continued to acquire other companies. Today, the company has over 19 operating outlets, which they purchased and turned to Pure Gold.
In 2013, Capital Group Companies (CGC) purchased 5.4% of Pure Gold’s total stock, and in 2014 it formed a joint venture with the Japanese convenience store chain Lawson under the name PG Lawson Inc. Today, Puregold owns up to 70% of the venture. They also opened their first branch in San Andres, Manila in May 2015.
Pure Gold owns, among others Entenso Equities, Inc., a holding company for San Roque Supermarkets and Ayagold Retailers, Inc. and operates a branch in Subic Bay, Olongapo City. In 2018, it incorporated Purepadala, which mainly operates remittance services. By the end of 2021, it had expanded to 100 supermarkets, 263 hypermarkets, 28 extras, 39 minimarts, and three Merkado branches, among others.
Launched in 1998 by Lucio Co, a Chinese Filipino businessman, it started its first branch along Shaw Boulevard, Mandaluyong. In October 2011, it went public and was listed on the Philippine Stock Exchange.
In 2012, the company acquired the Kareila Management Corp., which owns S&R Membership Shopping and has also continued to acquire other companies. Today, the company has over 19 operating outlets, which they purchased and turned to Pure Gold.
In 2013, Capital Group Companies (CGC) purchased 5.4% of Pure Gold’s total stock, and in 2014 it formed a joint venture with the Japanese convenience store chain Lawson under the name PG Lawson Inc. Today, Puregold owns up to 70% of the venture. They also opened their first branch in San Andres, Manila in May 2015.
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Best way to send money to Philippines
All Remitbee transfers are usually completed within minutes or up to 1 business day at most. When the recipient receives the transfer, they will be notified through a text message and they can easily access the funds through their Pure Gold app. It’s that simple!
Mobile Wallet service also available
How to send money to Pure Gold Account?
Send and exchange money with best rates in Canada- Choose “Philippines” as the country you will send a transfer to
- Select “To Pickup” as the receiving method for your recipient
- Enter your recipient’s name, mobile number, email address, and home address
- Under the “Bank” options, choose “Pure Gold” then enter the recipient’s account number under “Bank account”
- Enter the amount you wish to send then the select the purpose of your transfer from the options
- Choose your preferred payment method for the remittance and follow the payment instructions
- Confirm details and send your money transfer
Send to all major banks in Philippines
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