JG Summit Holdings
From Wikipedia, the free encyclopedia
| JG Summit Holdings | |
 |
|
| Type | Public (PSE)[1] |
|---|---|
| Founded | 1957 |
| Headquarters | Pasig City, Philippines |
| Key people | John Gokongwei, Founder and Chairman Emeritus |
| Industry | Investments |
| Products | Banking, Transportation, Real Estate, Manufacturing, Publishing, Telecommunications, Power generation, Petrochemicals |
| Revenue | $1.449 billion USD (2005)[2] |
| Net income | $87.175 million USD (2005) |
| Website | http://jgsummit.com.ph/ |
JG Summit Holdings, Inc (PSE: JGS) is one of the largest conglomerates in the Philippines with business interests in air transportation, banking, food manufacturing, hotels, petrochemicals, power generation, publishing, real estate and property development, telecommunications and textiles. Companies that JG Summit Holdings has major holdings in include Digital Telecommunications Philippines and Cebu Pacific Air. Its chairman is John Gokongwei, who is one of the richest persons in Southeast Asia.[3] It was one of the ten most profitable companies on the Philippine Stock Exchange for 2006.[4]
[edit] References
- ^ "Company Profile for JG Summit Holdings Inc". Reuters. Retrieved on 2007-01-03.
- ^ JG Summit Holdings 2005 Annual Report
- ^ Doebele, Justin. "Southeast Asia's 40 Richest", Forbes, September 8, 2005.
- ^ "Year End Report - Transco, telcos, economic growth", Manila Times, 2006-12-31. Retrieved on 2007-01-03.
[edit] Further reading
- Austria, Jenniffer B.. "JG Summit income surges 128% to P5.6b", Manila Standard Today, November 15, 2006.
- Austria, Jenniffer B.. "JG Summit borrowing $600m for petrochem", Manila Standard Today, June 30, 2006.
- "JG Summit Holdings, Inc. Unit Announces $240 Million Share Sale", Reuters, Febrary 7, 2006.
- Macuja, Ana Marie. "JGS slates new share offer for RLC (free article preview)", Manila Bulletin, February 15, 2006.
