Tag page - Lopez Inc.

The controlling faction of the Lopez family is calling for a formal government inquiry into “poison pill” provisions at First Gen Corp., alleging the measures protect the tenure of President and Chief Executive Officer Federico R. Lopez, at the expense of state pension funds and international...

Members of the Lopez family controlling 71 percent of holding company Lopez Inc. have issued a public statement clarifying their decision to remove Federico “Piki” R. Lopez (FRL) as president, citing a total “loss of trust and confidence.” The group, representing three branches of the...

First Gen Corp. is on track to expand its hydroelectric footprint as it nears the completion of its storage facility in Nueva Ecija, the renewable energy arm of the Lopez family reported. In a filing with the Securities and Exchange Commission (SEC), the company’s subsidiary, First Gen Hydro...

ABS-CBN Corp. moved to insulate itself from the legal rift within its controlling shareholder family, denying allegations of financial mismanagement that have surfaced in a Mandaluyong City courtroom. In a statement on Saturday, March 28, the media group’s board of directors said that claims...

ABS-CBN Corporation is raising P748 million from the sale of its treasury shares and PDRs (Philippine Depository Receipts) to interested qualified institutional buyers. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has approved the sale of 21.32 million of...