The majority faction of the Lopez family has escalated its corporate battle for control of their business empire, claiming to have uncovered a third “poison pill” provision designed to entrench First Philippine Holdings Corp. (FPH) Chairman and Chief Executive Officer Federico “Piki” R....
Two independent directors of Lopez Holdings Corp. have resigned from the seven-member board as the bitter leadership struggle within one of the Philippines ' most powerful dynasties threatens to paralyze the conglomerate’s governance. In a disclosure to the Philippine Stock Exchange, Lopez...
First Philippine Holdings Corp. (FPH) indefinitely postponed its annual shareholders’ meeting as bitter internal feud between factions of the Lopez family spills over into the boardroom of one of the country’s most prominent conglomerates. The company informed the Philippine Stock Exchange on...
Lopez Holdings Corp. reported a 57 percent jump in attributable net income to ₱5.34 billion in the first half of 2025 from the ₱3.41 billion earned in the same period last year on lower costs of First Philippine Holdings Corp. and lower losses of ABS-CBN Corp. In a disclosure to the Philippine...
In the late 2000s, Philippine business saw an intense corporate war as two of the country 's most aggressive conglomerates, Metro Pacific Investment Corp. (MPIC) of Manuel V. Pangilinan and San Miguel Corp. (SMC) of Ramon S. Ang, went to war for a single asset: Manila Electric Co. (Meralco)....
Lopez-led First Philippine Holdings Corporation (FPH) is focusing on the growth of its power generation and real estate businesses, which are being allocated the bulk of the group’s planned investments amounting to ₱57 billion this year. On the sidelines of the firm’s annual stockholders’...
Lopez Holdings Corporation’s earnings jumped 57 percent in the first quarter of 2025 on the back of a strong performance by First Philippine Holdings Corporation (FPH) and after ABS-CBN Corporation’s losses were cut by half. In a disclosure to the Philippine Stock Exchange, Lopez Holding...
Lopez Holdings Corp. reported a 123-percent surge in attributable net income to ₱6.34 billion last year, from the ₱2.85 billion earned in 2023, due to a lower equity share in the net losses of broadcast giant ABS-CBN Corp. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
First Philippine Holdings Chairman Federico R. Lopez (third from left) joins other top business leaders in signing with Environment Secretary Maria Antonia Yulo Loyzaga (fifth from left) a memorandum of understanding in support of government’s program to plant 10 million trees over the next three...
Lopez Holdings Corporation, one of the investment arms of the Lopez family, reported seven percent dip in attributable net income to P4.83 billion for the first nine months of 2024 from the P5.21 billion earned in the same period last year. The firm disclosed to the Philippine Stock Exchange that...
To help areas struck by the Severe Tropical Storm “Kristine”, Lopez-led FP Island Energy Corporation has provided uninterrupted power supply through its microgrid system in Camarines Sur. In a statement, the firm said around 600 residents in a remote island barangay in the town of Caramoan have...
Lopez Holdings Corporation reported a five percent improvement in attributable net income to P3.41 billion in the first half of 2024 from the P3.25 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its unaudited consolidated revenues...
