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On March 18, 1989, MERALCO unveiled its new and current corporate logo. [16] In 1990, MERALCO acquired the electric facilities and other assets of the Communications and Electric Development Authority, one of two companies that distributed power in Cavite Province for much of the 1970s and 80s. [17]
Manila Electric Company (Meralco) - acquired by the Lopez Group 1962 and developed into a power-distributing company. Between 2009 and 2012, the Lopez Group would reduce its 33.4% holdings in MERALCO by selling most of its shares to the First Pacific Group. [5] [6] [7] Since 2012, the Lopez Group's maintains a 3.95% interest (one board seat) in ...
Buying Meralco and running it well required tremendous capital, managerial talent, and personal focus. But Don Eugenio was a visionary – he recognized the opportunities in the power industry . Two syndicate of banks were established to handle this big transaction – one was a US Bank headed by Citibank and another local bank headed by PCI Bank.
Manuel Velez Pangilinan (born July 14, 1946), also known as Manny Pangilinan or sometimes by his initials MVP, is a Filipino businessman and sports patron. He is the managing director and CEO of First Pacific Company Limited, a Hong Kong–based investment management and holding company with operations in the Asia-Pacific region.
The change was enacted by Manuel M. Lopez, the chairman and chief executive officer of Meralco, and was designed to prolong the vision of Lopez’s father, Eugenio Lopez, Sr. (first Filipino owner of Meralco), and is in line with the company's policy of securing the welfare and well-being of its personnel. The change also put into use a new ...
Manuel "Manny" Bamba Villar Jr. (Tagalog pronunciation:; born December 13, 1949) is a Filipino businessman and former politician.He previously served as senator from 2001 to 2013 and as the 20th President of the Senate of the Philippines from 2006 to 2008.
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Metro Pacific Investments Corporation (MPIC) is a Philippine unit investment holding company of First Pacific Company Limited through Metro Pacific Holdings, Inc. [3] MPIC through its subsidiaries, provides water, sanitation, and sewerage services and also operates in real estate, and infrastructure projects.