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Gokongwei eyes SMC’s Meralco stake

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John Gokongwei. INQUIRER file photo

Conglomerate San Miguel Corp. is negotiating to sell its remaining 27.1-percent stake in Manila Electric Co. to the group of tycoon John Gokongwei, potentially completing its divestment from the country’s biggest power distributor.

Posted: September 24th, 2013 in Editor's Pick,Headlines | Read More »

Empire East still keen on residential project with Japan’s Okada

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Andrew Tan. INQUIRER FILE PHOTO

Japanese tycoon Kazuo Okada may have lost the group of taipan John Gokongwei as an ally in his proposed Philippine gaming hub but not Andrew Tan, whose residential arm Empire East Land Holdings Inc. is keen on pursuing the upscale residential component of the $2-billion entertainment center.

Posted: July 10th, 2013 in Latest Business Stories | Read More »

Gokongweis readying for retail unit’s P40-B IPO

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While waiting for a more favorable timing, the group of tycoon John Gokongwei has started doing the groundwork for the initial public offering (IPO) of retail unit Robinsons Retail Holdings Inc. worth about P40 billion, which could be the largest stock market debut in the country.

Posted: July 3rd, 2013 in Headlines | Read More »

Gokongwei, Okada groups fail to clinch deal on Manila Bay Resorts project

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Kazuo Okada (left) AP file photo and John Gokongwei (photo by Nelson Matawaran): Scrapped casino talks

The groups of tycoon John Gokongwei and Japanese pachinko mogul Kazuo Okada have aborted discussions on a partnership for the latter’s Manila Bay Resorts, an integrated entertainment and resort project in Manila’s future gaming hub Entertainment City.

Posted: May 30th, 2013 in Editor's Pick,Featured Gallery,Headlines | Read More »

MVP, Gokongwei firm up joint venture

By
Manuel V. Pangilinan.  INQUIRER file photo

After their game-changing partnership in telecommunications, businessman Manuel V. Pangilinan and tycoon John Gokongwei have formed a new alliance to jointly bid for the P17.5-billion Mactan Cebu International Airport passenger terminal redevelopment project.

Posted: February 25th, 2013 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

MVP, Gokongwei ink deal to bid for P17.5-B Mactan airport project

By
Mactan Cebu International Airport. CDN FILE PHOTO

After their game-changing partnership in the telecommunications business, businessman Manuel V. Pangilinan and tycoon John Gokongwei have formed a new alliance to jointly bid for the P17.5-billion Mactan Cebu International Airport passenger terminal redevelopment project.

Posted: February 25th, 2013 in Latest Business Stories | Read More »

Gokongweis sell P3.2B worth of JG Summit shares

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jg_summit

The Gokongweis sold P3.2 billion worth of shares in JG Summit Holdings to diversify its investor base and meet strong market demand.

Posted: September 26th, 2012 in Latest Business Stories | Read More »

What’s up with 85-year-old Mr. John

By
MR. JOHN sits beside wife Elizabeth, 77 years old and surrounded by his six kids and their spouses.

The rags-to-riches story of John Gokongwei is not uncommon among local taipans, but his decades-long journey to become one of the country’s wealthiest men is by no means ordinary. He had to crawl his way up, like most successful men. But now well into his 80s, and one of the Philippines’ wealthiest people, the founder [...]

Posted: September 10th, 2011 in Editor's Pick,Featured Gallery,Headlines,Inquirer Features,Photos & Videos | Read More »

Philippines has record 11 billionaires—Forbes

Henry Sy, Sr.

A booming stock market has expanded the Philippines’ billionaires’ list to a record 11, with the combined wealth of the 40 richest also hitting an all-time high, Forbes.com said Thursday.

Posted: June 23rd, 2011 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

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