Core Investments

Bank of the Philippine Islands (BPI) is JG Summit’s newest core investment, a strategic decision resulting from BPI’s merger with Robinsons Bank, with BPI as the surviving entity. This merger was the outcome of JG Summit's meticulous review of strategic options, demonstrating our commitment to making informed and beneficial decisions for our stakeholders. We determined that merging with a top bank like BPI would be the best route for our continued involvement in the banking industry. Through the merger, JG Summit effectively owns 3.6% of the bank.

BPI is the first bank in the Southeast Asian region and is currently one of the top three banks in the Philippines. It has been operating for more than 170 years and is recognized as a leading provider of financial services and an industry pillar in the country. Its services include consumer banking and lending, asset management, payments, insurance, securities brokerage and distribution, foreign exchange, leasing, and corporate and investment banking.

Manila Electric Company (Meralco) is the Philippines’ largest electric power distribution company and celebrated its 120th year of service in 2023. It has a franchise area covering 9,685 km², providing power to over 7.8 million customer accounts in 38 cities and 73 municipalities that account for 55% of the electricity output of the Philippines in only 3% of the country’s total land area.

Singapore Land Group Limited (SingLand) is a premier real estate company listed on the Singapore Stock Exchange since 1971. Its diverse real estate portfolio includes commercial offices, residential and retail properties, and hotels, with a large footprint in Singapore and key overseas markets. Among its prominent property developments are Singapore Land Tower, Clifford Centre, and Marina Square, which forms part of the company’s 2.7 million square feet of office space and 1 million square feet of retail space.

PLDT, Inc. (PLDT) is an integrated telecommunications service provider in the Philippines and the market leader in the Philippine broadband space, operating the most extensive fiber optic backbone, fixed line, and cellular network in the country. It offers wireless services marketed under the “Smart," “TNT," and “Sun Cellular” brands and fixed line services marketed under “PLDT HOME” and “PLDT ENTERPRISE”. Its common shares are traded on the Philippine Stock Exchange, while its American Depositary Shares are traded on the New York Stock Exchange.