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Owner: see list: Website: www.meralco.com.ph: The Manila Electric Company ... On March 18, 1989, MERALCO unveiled its new and current corporate logo. [16] In 1990 ...
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 ...
FPH Timeline 1961 On June 30, Don Eugenio and other leading businessmen form Meralco Securities Corporation (MSC), the forerunner of First Philippine Holdings Corp. MSC was the corporate vehicle that acquired the Manila Electric Company from its American owners.
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.
Currently, Meralco is the Philippines' largest distribution utility with a franchise area of 9,337 square kilometers covering Metro Manila, the entire provinces of Bulacan, Rizal and Cavite, parts of the provinces of Laguna, Quezon and Batangas, and 17 barangays in Pampanga. The franchise area is home to 23 million people, roughly a quarter of ...
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 ...
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PacificLight is owned by shareholders under the First Pacific Group and Meralco PowerGen Corporation. [7] First Pacific is a Hong Kong-based investment holding company with investments located in Asia-Pacific. The company’s principal investments are in consumer food products, telecommunications, infrastructure, and natural resources.