Metro Pacific Investments Corporation (MPIC) is a

Philippine 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 ...

unit investment holding company of First Pacific Company Limited through Metro Pacific Holdings, Inc. MPIC through its subsidiaries, provides water, sanitation, and sewerage services and also operates in real estate, and infrastructure projects. It also invests in some hospitals in the Philippines. In May 2016, GT Capital Holdings Inc. acquired 15.6 percent of MPIC, which will, in turn, buy control over GT Capital's Global Business Power Corporation in a deal worth PHP 29.89 billion. GT Capital acquired 3.6 billion new common shares in MPIC at PHP 6.10 per share amounting to a stake of 11.4 percent on an expanded capital base for a total cash consideration of PHP 21.96 billion. It also acquired a further 1.3 billion common shares in MPIC from Metro Pacific Holdings, Inc. (MPHI), a Philippine affiliate of

First Pacific Company First Pacific Company Limited () is a Hong Kong–based investment management and holding company with operations located in Asia. It involves telecommunications, consumer food products and infrastructure. Businesses Indonesia: * Indofood Suks ...

, at the same price, for a total of PHP 7.93 billion in cash. These transactions result in GT Capital holding an overall stake of 15.6 percent of the common share capital of MPIC in a new business alliance between the two business groups. In August 2023, the company formally filed for voluntary delisting from 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 ...

(PSE). The company completed its tender offer on September 19, 2023 acquiring 5.46 billion common shares equivalent to 19% of the company and was eventually delisted from the PSE effective October 9. Eight days later on October 17, Ramon S. Ang was elected a member of the company's board of directors after making a direct investment in MPIC. However, the size of Ang's investment was not disclosed.

Subsidiaries

;Utilities *

Manila Electric Company 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 ...

(Meralco) - holds 10.5% direct stake ** Radius Telecoms, Inc. - 100% owned * Global Business Power (GBP) * Metpower Venture Partners * Maynilad Water Holding Company Inc. - owns 83.96% controlling stake of

Maynilad Water Services Maynilad Water Services, Inc., better known as Maynilad, is the water and wastewater services provider of cities and municipalities that form the West Zone of the Greater Manila Area in the Philippines. It is an agent and contractor of the Me ...

* Metropac Water Investments Corporation ** Manila Water Consortium Inc. *** Cebu Manila Water Development Inc. ** Tuan Loc Water Resources Investment Joint Stock Company (Vietnam) - 49% ;Power and transport *

Metro Pacific Tollways Corporation Metro Pacific Tollways Corporation (MPTC) is a subsidiary of Metro Pacific Investments. MPTC is in the business of developing and operating toll roads ( expressways) in the Philippines, Indonesia, and Vietnam. It is the biggest toll road developer ...

* Beacon Electric Asset Holdings Inc. - holds 35% stake in Meralco *

Light Rail Manila Corporation Light Rail Manila Corporation (LRMC) is a rail service company based in Pasay, Metro Manila, Philippines. It is a consortium of companies engaged in the operation and maintenance of the Manila Light Rail Transit System Line 1 (Line 1) since Septe ...

- a joint venture railway company with

Ayala Corporation Ayala Corporation (, formerly ''Ayala y Compañía''; ) is the publicly listed holding company for the diversified interests of the Ayala Group. Founded in the Philippines by Domingo Róxas and Antonio de Ayala during Spanish colonial rule, ...

that operates the Manila Line 1 under a 32-year concession agreement with the

Light Rail Transit Authority The Light Rail Transit Authority (LRTA) is a public transport operator that is responsible for the construction, operation, maintenance and/or lease of Manila Light Rail Transit System in the Philippines. It is organized as a government-owned a ...

;Logistics * Metropac Movers, Inc. (MMI) - is the logistics arm and a subsidiary of infrastructure conglomerate, Metro Pacific Investments Corporation. ;Healthcare * Metro Pacific Hospital Holdings, Inc. (MPHHI) - holds 43.1% stake and management control ** Luzon *** Our Lady of Lourdes Hospital,

Manila Manila, officially the City of Manila, is the Capital of the Philippines, capital and second-most populous city of the Philippines after Quezon City, with a population of 1,846,513 people in 2020. Located on the eastern shore of Manila Bay on ...

(20-year lease through EMHMC) ***

Asian Hospital and Medical Center Asian may refer to: * Items from or related to the continent of Asia: ** Asian people, people in or descending from Asia ** Asian culture, the culture of the people from Asia ** Asian cuisine, food based on the style of food of the people from As ...

(86% Stake),

Muntinlupa Muntinlupa (), officially the City of Muntinlupa (), is a Cities of the Philippines#Legal classification, highly urbanized city in the Metro Manila, National Capital Region of the Philippines. According to the 2020 census, it has a population o ...

*** Cardinal Santos Medical Center,

San Juan San Juan, Spanish for Saint John (disambiguation), Saint John, most commonly refers to: * San Juan, Puerto Rico * San Juan, Argentina * San Juan, Metro Manila, a highly urbanized city in the Philippines San Juan may also refer to: Places Arge ...

(100% stake) (through CVHMC) ***

Makati Medical Center Makati Medical Center (MMC), also known as Makati Med, is a tertiary hospital in Makati, Metro Manila, Philippines. The hospital was founded on May 31, 1969. The hospital is owned and operated by Medical Doctors Inc., a subsidiary of Metro P ...

(33% stake),

Makati Makati ( ; ), officially the City of Makati (), is a highly urbanized city in the National Capital Region of the Philippines, known for being one of the leading financial centers in the country. As of 2013, the city has the highest concent ...

*** Sacred Heart Hospital of Malolos (51% stake),

Malolos City Malolos , officially the City of Malolos (), is a Cities of the Philippines#Legal classification, component city and capital of the Provinces of the Philippines, province of Bulacan, Philippines. According to the 2020 census, it has a population ...

Bulacan Bulacan, officially the Province of Bulacan (; ; ; ), is a Provinces of the Philippines, province in the Philippines located in the Central Luzon Regions of the Philippines, region. Its capital is the city of Malolos. Bulacan was established on ...

***

Manila Doctors Hospital Manila Doctors Hospital (MDH), simply referred to as Manila Doctors or MaDocs, is a tertiary hospital located in Ermita, Manila, Philippines with over 500 beds. It was founded in the City of Manila in 1956 by the group of doctors. The hospit ...

(20% stake),

*** Marikina Valley Medical Center (93% stake) *** De Los Santos Medical Center (51% stake), Quezon City *** Delgado Memorial Hospital (65% stake), Quezon City *** Central Luzon Doctors Hospital, Tarlac City *** UHBI-Parañaque Doctors Hospital *** Los Baños Doctors Hospital and Medical Center ***

Diliman Quezon City (, ; ), also known as the City of Quezon and Q.C. (read and pronounced in Filipino language, Filipino as Kyusi), is the richest and List of cities in the Philippines, most populous city in the Philippines. According to the 2020 c ...

Doctors Hospital, Inc. (DDHI) *** City of

General Trias General Trias (), officially the City of General Trias (), is a Cities of the Philippines#Legal classification, component city in the Provinces of the Philippines, province of Cavite, Philippines. According to the 2020 census, it has a popul ...

Doctors Medical Center Inc. (Gentri Docs) ** Visayas *** The Riverside Medical Center Inc.,

Bacolod Bacolod, officially the City of Bacolod (; ; ; ), is a Cities of the Philippines#Legal classification, highly urbanized city in the Negros Island Region in the Philippines. With a total of 600,783 inhabitants as of the 2020 census, it is th ...

*** Ramiro Community Hospital,

Tagbilaran Tagbilaran, officially the City of Tagbilaran (; ), is a Cities of the Philippines#Legal classification, component city and capital of the Provinces of the Philippines, province of Bohol, Philippines. According to the 2020 census, it has a popu ...

** Mindanao *** Davao Doctors Hospital (34% stake) ***

West Metro Medical Center West Metro Medical Center is a secondary-level private hospital in Zamboanga City, Philippines. As of 2015, the hospital has a capacity of 110 beds. Ongoing construction of an annex will increase bed capacity to 190, making it the largest priv ...

, Zamboanga City *** St. Elizabeth Hospital, General Santos City (80% stake) *** Manuel J. Santos Hospital,

Butuan Butuan (pronounced ), officially the City of Butuan (; Butuanon: ''Dakbayan hong Butuan''; ), is a highly urbanized city and the regional center of Caraga, Philippines. It is the '' de facto'' capital of the province of Agusan del Norte ...

*** San Francisco Doctors Hospital, Inc. (SFDH),

Agusan del Sur Agusan del Sur, officially the Province of Agusan del Sur (; Butuanon: ''Probinsya hong Agusan del Sur''; ), is a province in Caraga region, Mindanao, Philippines. Its capital is the municipality of Prosperidad. It is bordered on the northwest ...

* East Manila Hospital Managers Corporation (EMHMC) operates Our Lady Of Lourdes Hospital * Colinas Verdes Hospital Managers Corporation (CVHMC) operates Cardinal Santos Medical Center * In July 2021, MPIC launched its first high-performance mobile app, called mWell PH. ;Food and Beverage * Metro Pacific Agro Ventures ** The Laguna Creamery Inc. (51% stake) ** Universal Harvester Dairy Farms Incorporated (UHDFI) - Bukidnon Milk Company ;Real Estate * Landco Pacific - Real Estate arm of MPIC. ; Financial Institutions * Maya Bank ;Schools * Davao Doctors College, Davao City *

Riverside College (Philippines) Riverside College, Inc., also referred to by its acronym RCI, is a private non-sectarian coeducational higher education institution in Bacolod, Negros Occidental, Philippines. The college is owned and operated by Metro Pacific Health - the large ...

, Bacolod City ;Others * IdeaSpace Foundation (QBO Philippines - startup incubator based in

Makati City Makati ( ; ), officially the City of Makati (), is a highly urbanized city in the National Capital Region of the Philippines, known for being one of the leading financial centers in the country. As of 2013, the city has the highest concent ...

) https://theindependentinvestor.ph/mvp-groups-ideaspace-names-alwyn-rosel-as-executive-director-succeeding-jay-fajardo/

References

External links

*
Metro Pacific Inverstments Corporation
- Official website {{Authority control Financial services companies of the Philippines Holding companies of the Philippines Companies based in Makati Companies listed on the Philippine Stock Exchange Conglomerate companies of the Philippines Conglomerate companies established in 2006 Philippine companies established in 2006 Multinational companies headquartered in the Philippines