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Metro Pacific Investments Corporation

Type	Public Investment company
Traded as	PSE: MPI
Founded	March 20, 2006
Headquarters	Makati, Philippines
Area served	Philippines
Key people	Manuel V. Pangilinan [1](Chairman) Jose K. Ma. Lim (President & CEO) [1][1]
Net income	PHP593 Million (2008)
Owner	Metro Pacific Holdings Inc. (55.9%) GT Capital Holdings, Inc. (15.6%)
Parent	First Pacific Company
Subsidiaries	DMCI – MPIC Water Company Metro Pacific Tollways Corporation Metro Pacific Corporation Beacon Electric Asset Holdings Inc.
Website	www.mpic.com.ph

Metro Pacific Investments Corporation is a Philippine-based unit investment holding company of First Pacific Company Limited through Metro Pacific Holdings, Inc.^[2] The Company 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.

Subsidiaries

• 
  Manila Electric Company (MERALCO) - 10.5% stake


• Beacon Electric Asset Holdings Inc. - holds 35% stake in MERALCO


• Maynilad Water Holding Company Inc. - owns 83.96% controlling stake of Maynilad Water Services
  


• Metropac Water Investments Corporation
  
  • Manila Water Consortium Inc.
    
    • Cebu Manila Water Development Inc.
  
  
  • Tuan Loc Water Resources Investment Joint Stock Company (Vietnam) - 49%^[3]
  
  


• Metro Pacific Tollways Corporation - parent company of NLEX Corporation, which holds the concession rights to construct, operate and maintain the North Luzon Expressway (NLEX) and the Subic–Clark–Tarlac Expressway (SCTEX).
  
  • NLEX Corporation (formerly, Manila North Tollways Corporation)
  
  
  • Ho Chi Minh City Infrastructure Investment Joint Stock Company (Vietnam)
  
  
  • Don Muang Tollway Public Company Ltd. (Thailand)
  
  
  • Cavitex Infrastructure Corporation (CIC), which holds the concession rights for the operation and maintenance of the Manila–Cavite Expressway (CAVITEX).
  
  


• East Manila Hospital Managers Corporation (EMHMC) operates Our Lady Of Lourdes Hospital


• Colinas Verdes Hospital Managers Corporation (CVHMC) operates Cardinal Santos Medical Center


• Light Rail Manila Corporation - a joint venture railway company with Ayala Corporation that operates the Manila LRT Line 1 under a 32-year concession agreement with the Light Rail Transit Authority
  

Operating Hospitals

• Our Lady of Lourdes Hospital, Manila (20-year lease through EMHMC)


• 
  Davao Doctors Hospital (34% stake)


• Riverside Medical Center, Bacolod
  


• 
  Asian Hospital and Medical Center, Muntinlupa
  


• Cardinal Santos Medical Center, San Juan (through CVHMC)


• 
  Makati Medical Center, Makati
  


• Sacred Heart Hospital of Malolos, Malolos City, Bulacan
  


• Marikina Valley Medical Center (93% stake)


• De Los Santos Medical Center, Quezon City


• Dr. Jesus C. Delgado Memorial Hospital, Quezon City


• 
  West Metro Medical Center, Zamboanga City


• Central Luzon Doctors Hospital, Tarlac City

GT Capital

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 P29.89 billion. GT Capital acquired 3.6 billion new common shares in MPIC at P6.10 per share amounting to a stake of 11.4 percent on an expanded capital base for a total cash consideration of P21.96 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, at the same price, for a total of P7.93 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.^[4]

See also

• Meralco Bolts


• NLEX Road Warriors


• NLEX Road Warriors (PBA D-League)

References

External links

• 
  Metro Pacific Inverstments Corporation - Official website