HOME

TheInfoList



OR:

JG Summit Holdings, Inc. (JGSHI) is one of the largest conglomerates in the
Philippines The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a tot ...
with business interests in air transportation, banking, food manufacturing, hotels, petrochemicals, power generation, publishing, real estate and
property development Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re- lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to oth ...
, and telecommunications. Key subsidiaries include
Universal Robina Universal Robina Corporation, abbreviated as URC and also known as Universal Robina, is a Philippine company headquartered in Quezon City. It is one of the largest food and beverage companies in the Philippines, along with San Miguel Corporat ...
and Cebu Pacific. Incorporated in November 1990, JG Summit Holdings was founded by John Gokongwei Jr., one of the wealthiest individuals in
Southeast Asia Southeast Asia is the geographical United Nations geoscheme for Asia#South-eastern Asia, southeastern region of Asia, consisting of the regions that are situated south of China, east of the Indian subcontinent, and northwest of the Mainland Au ...
. In 2010, JGSHI was one of the ten most profitable companies on the
Philippine Stock Exchange The Philippine Stock Exchange, Inc. (; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Including previous forms, the exchange has ...
.


Companies


Manufacturing

* JG Summit Olefins Corporation ** Peak Fuel Corporation * Universal Robina Corporation – is one of the largest branded consumer food and beverage product companies in the Philippines.


Real estate

* Robinsons Land Corporation ** Robinsons Malls ** Go Hotels ** Robinsons Hotels & Resorts ** Summit Hotels and Resorts ** Robinsons Offices ** RLC Residences ** Robinsons Destination Estates ( Bridgetowne) ** Robinsons Logistix and Industrials, Inc. * Singapore Land Group Limited (37.04%)


Air transport

* Cebu Pacific ** AirSWIFT **Aviation Partnership Philippines ** Cebgo **1Aviation Groundhandling Services Corp (40%) * LIPAD Corporation (operator of Clark International Airport) – a consortium with Filinvest Development Corporation, Philippine Airport Ground Support Solutions Inc., and Changi Airports Philippines Pte. Ltd.


Financial

*
Bank of the Philippine Islands The Bank of the Philippine Islands ('';'' '','' commonly known as BPI; ) is a universal bank in the Philippines. It is the oldest bank in both the Philippines and Southeast Asia. It is the fourth largest bank in terms of assets, the second lar ...
(9.0292%) * GoTyme Bank (joint venture with Tyme Group)


Utilities

*Global Business Power Corporation (30%) * PLDT, Inc. (11.27%) *
Meralco The Manila Electric Company, also known as Meralco (, , stylized in uppercase), is an electric power distribution company in the Philippines. It is Metro Manila's only electric power distributor and holds the power distribution franchise for 3 ...
(29.56%)


Others

* Robinsons Retail *
Summit Media Summit Publishing Co., Inc., doing business as Summit Media, is a Philippine digital media and publishing company. Founded in 1995, the company owns several entertainment and lifestyle media websites in the Philippines. Summit Media began as ...
* JG Digital Equity Ventures Inc. * Data Analytics Ventures, Inc. * Aspen Business Solutions Inc. * DHL Summit Solutions Inc. (joint venture with
DHL DHL (originally named after founders Dalsey, Hillblom and Lynn) is a multinational Import-Export Expert Company, founded in the United States and headquartered in Bonn, Germany. It provides courier, package delivery, and express mail service, ...
)


Former businesses

* Digital Telecommunications Philippines (Digitel and Sun Cellular) – Acquired by PLDT in March 2011. As part of the deal, JG Summit will have a 12% share in PLDT. It was finalized by the
National Telecommunications Commission The National Telecommunications Commission (NTC; ) is the telecommunications regulator of the Philippines. It is an attached agency of the Department of Information and Communications Technology responsible for the supervision, adjudication ...
on October 26, 2011. * Far East Bank and Trust Company – Sold the shares to BPI during the time PCIBank was acquired by Equitable, the GSIS and the SSS. * Philippine Commercial International Bank (PCI Bank) – A joint venture between Benpres, and the Lopez Group of Companies. Both sold their shares in 1999 to the SSS and GSIS which gave way to the Equitable Banking Corporation – Philippine Commercial International Bank merger and eventually became Banco de Oro Universal Bank. * Griffin's Foods (
New Zealand New Zealand () is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and List of islands of New Zealand, over 600 smaller islands. It is the List of isla ...
) – sold to Intersnack, a subsidiary of German company Pfeifer & Langen. * Snack Brands Australia (
Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...
) – sold to Intersnack, a subsidiary of German company Pfeifer & Langen. * SIA Engineering (Philippines) Corporation – sold the remaining 35% ownership to SIA Engineering Company. * Robinsons Bank – merged with
Bank of the Philippine Islands The Bank of the Philippine Islands ('';'' '','' commonly known as BPI; ) is a universal bank in the Philippines. It is the oldest bank in both the Philippines and Southeast Asia. It is the fourth largest bank in terms of assets, the second lar ...
.


References


Further reading

* * * *


External links

*
JG Summit corporate website
Gokongwei Group Companies listed on the Philippine Stock Exchange Companies based in Pasig Conglomerate companies of the Philippines Conglomerate companies established in 1990 1990 establishments in the Philippines Philippine companies established in 1990 Multinational companies headquartered in the Philippines Companies in the PSE Composite Index Family-owned companies of the Philippines {{Asia-company-stub