Core Investments

Manila Electric Corporation

JGS’ equity stake:

10 %

Net income attributable to parent:

10 B

1% growth vs last year

Dividends paid to JGS:

1 B

Manila Electric Corporation is the largest private sector electric distribution utility company in the Philippines and has been serving the Filipinos for over 116 years. Today, the company provides electricity to 6.6 million customers in 36 cities and 75 municipalities in a 9,685 km² franchise area that includes Metro Manila, Rizal, Cavite, Bulacan, and portions of Pampanga, Laguna and Quezon.

Global Business Power Corporation

JGS’ equity stake:

10 .0%

Net income attributable to parent:

1 B

7% growth vs last year

Dividends paid to JGS:

1 .0M

Global Business Power Corporation (GBPC) is the leading independent power producer in the Visayas region and Mindoro Island given its combined gross maximum capacity of 854 MW. It has 11 power generation facilities located in Iloilo, Aklan, Cebu and Oriental Mindoro.

United Industrial Corporation

JGS’ equity stake:

10 .0%

Net income attributable to parent:

SGD 1 .0M
91% growth vs last year

United Industrial Corporation (UIC) is a Singapore-based real estate company and is one of the leading diversified developer of commercial and retail properties. It has a portfolio of 2.5 million square feet of office space and 1 million square feet of retail premise, which includes some of Singapore’s well- known landmarks such as Singapore Land Tower, The Gateway and Marina Square. It also has overseas investments in Shanghai, Beijing and Tianjin, China, and London, UK.

PLDT, Inc.

JGS’ equity stake:

1 %*

Dividends paid to JGS:

1 B

*JG Summit’s current effective ownership vs 8.0% as of December 31, 2019

PLDT, Inc. (PLDT) is the leading telecommunications and digital services provider in the Philippines offering a wide range of telecommunications services across the country’s most extensive fiber optic backbone and fixed line, and cellular networks. As of December 2019, the company has over 73.1 million mobile, 2.8 million fixed line, and 2.2 million broadband subscribers nationwide.