JG Summit Holdings

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JG Summit Holdings
Type Public (PSE)[1]
Traded as PSEJGS
Industry Conglomerate
Founded 1957
Headquarters Pasig City, Philippines
Key people John Gokongwei, Founder and Chairman Emeritus
Products Banking and Investments, Transportation, Real Estate, Manufacturing, Publishing, Telecommunications, Power generation, Petrochemicals
Revenue $2.830 billion USD (2010)[2]
Net income $375 million USD (2010)
Website http://jgsummit.com.ph/

JG Summit Holdings, Inc 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, and telecommunications. Companies that JG Summit Holdings has major holdings in include Digital Telecommunications Philippines and Cebu Pacific. Its chairman is John Gokongwei, one of the wealthiest individuals in Southeast Asia.[3] It was one of the ten most profitable companies on the Philippine Stock Exchange for 2010.[4]


Companies Under JG Summit Holdings[edit]

Partner Companies[edit]

Former Businesses[edit]

  • Philippine Commercial International 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.
  • Far East Bank and Trust Company - Sold the shares to BPI during the time PCIBank was acquired by Equitable, the GSIS and the SSS.

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