Zenith Element Limited acquired 29.83% stake in Mabuhay Holdings Corporation (PSE:MHC) on June 18, 2021. As per terms, Zenith Element Limited acquired 358 million shares of Mabuhay Holdings Corporation. Zenith Element Limited completed the acquisition of 29.83% stake in Mabuhay Holdings Corporation (PSE:MHC) on June 18, 2021.