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JG Summit Holdings

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Filipino conglomerate

JG Summit Holdings, Inc.

Company type	Public
Traded as	PSE: JGS
Industry	Various
Founded	November 23, 1990; 34 years ago (1990-11-23)^[1]
Founder	John Gokongwei Jr.
Headquarters	Robinsons Equitable Tower,Pasig, Philippines
Area served	Philippines
Key people	James L. Go (Chairman)^[2] Lance Gokongwei (President and CEO)^[2]
Products	Petrochemicals
Services	Banking andinvestments Transportation Real estate Manufacturing Publishing Telecommunications Power generation
Revenue	₱312.4 billionPHP (2022)^[3]
Net income	₱6.2 billionPHP (2022)
Subsidiaries	Cebu Pacific Universal Robina
Website	Official website

JG Summit Holdings, Inc. (JGSHI) is one of the largestconglomerates in thePhilippines with business interests in air transportation, banking, food manufacturing, hotels, petrochemicals, power generation, publishing, real estate andproperty development, and telecommunications. Key subsidiaries includeUniversal Robina andCebu Pacific. Incorporated in November 1990, JG Summit Holdings was founded byJohn Gokongwei Jr., one of the wealthiest individuals inSoutheast Asia.^[4] In 2010, JGSHI was one of the ten most profitable companies on thePhilippine Stock Exchange.^[5]

Companies

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Manufacturing

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JG Summit Olefins Corporation^[6]
- Peak Fuel Corporation^[7]
Universal Robina Corporation – is one of the largest branded consumer food and beverage product companies in the Philippines.

Real estate

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Robinsons Land Corporation
- Robinsons Malls
- Go Hotels
- Robinsons Hotels & Resorts
- Summit Hotels and Resorts
- Robinsons Offices
- RLC Residences
- Robinsons Destination Estates (Bridgetowne)
- Robinsons Logistix and Industrials, Inc.
Singapore Land Group Limited (37.04%)^[8]

Air transport

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Cebu Pacific
- AirSWIFT
- Aviation Partnership Philippines
- Cebgo
- 1Aviation Groundhandling Services Corp (40%)
LIPAD Corporation (operator ofClark International Airport) – a consortium withFilinvest Development Corporation, Philippine Airport Ground Support Solutions Inc., andChangi Airports Philippines Pte. Ltd.^[9]^[10]

Financial

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Bank of the Philippine Islands (9.0292%)
GoTyme Bank (joint venture withTyme Group)^[11]

Utilities

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Global Business Power Corporation (30%)
PLDT, Inc. (11.27%)
Meralco (29.56%)

Others

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Robinsons Retail
Summit Media
JG Digital Equity Ventures Inc.
Data Analytics Ventures, Inc.
Aspen Business Solutions Inc.
DHL Summit Solutions Inc. (joint venture withDHL)^[12]

Former businesses

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Digital Telecommunications Philippines (Digitel andSun Cellular) – Acquired byPLDT in March 2011. As part of the deal, JG Summit will have a 12% share in PLDT. It was finalized by theNational Telecommunications Commission on October 26, 2011.
Far East Bank and Trust Company – Sold the shares toBPI during the time PCIBank was acquired byEquitable, theGSIS and theSSS.
Philippine Commercial International Bank (PCI Bank) – A joint venture betweenBenpres, and the Lopez Group of Companies. Both sold their shares in 1999 to theSSS andGSIS which gave way to theEquitable Banking Corporation – Philippine Commercial International Bank merger and eventually becameBanco de Oro Universal Bank.
Griffin's Foods (New Zealand) – sold toIntersnack, a subsidiary of German companyPfeifer & Langen.^[13]
Snack Brands Australia (Australia) – sold toIntersnack, a subsidiary of German companyPfeifer & Langen.
SIA Engineering (Philippines) Corporation – sold the remaining 35% ownership to SIA Engineering Company.
Robinsons Bank – merged withBank of the Philippine Islands.

References

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^"JG Summit Holdings, Inc. - Company Information".PSE Edge.
^^a ^b"Executive Officer and Corporate Center Heads".
^[1]Archived September 28, 2007, at theWayback Machine
^Doebele, Justin (September 8, 2005)."Southeast Asia's 40 Richest".Forbes.
^"Year End Report - Transco, telcos, economic growth".Manila Times. December 31, 2006. Archived fromthe original on October 17, 2007. RetrievedJanuary 3, 2007.
^"About Us – JG Summit Olefins Corporation". September 24, 2024.
^Lucas, Daxim L. (January 30, 2025)."JG Summit shuts down petrochemical unit 'indefinitely' due to weak market".InsiderPH. RetrievedMarch 7, 2025.
^"Major shareholders: Singapore Land Group Limited".MarketScreener.
^"Lipad Corporation takes over Clark airport operations".Rappler. August 18, 2019. RetrievedSeptember 20, 2019.
^Orejas, Tonette (August 16, 2019)."Lipad consortium takes over Clark airport".Philippine Daily Inquirer. RetrievedSeptember 20, 2019.
^Monzon, Alden M. (October 9, 2023)."GoTyme Bank eyeing Vietnam expansion".INQUIRER.net. RetrievedOctober 10, 2023.
^"JG Summit Holdings & DHL Supply Chain Form Joint Venture in the Philippines".
^"Intersnack New Zealand Holding Company".

External links

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Media related toJG Summit Holdings at Wikimedia Commons
JG Summit corporate website

v t e PSE Composite Index companies of thePhilippines
Current	Aboitiz Equity Ventures ACEN Alliance Global AREIT Ayala Ayala Land BDO BPI Century Pacific Food Chinabank Converge ICT Digiplus Interactive Inc. DMCI Holdings Emperador Globe Telecom GT Capital International Container Terminal Services JG Summit Holdings Jollibee LT Group Meralco Metrobank Monde Nissin PLDT Puregold San Miguel Semirara Mining and Power SM Investments SM Prime Universal Robina
Former	Aboitiz Power ABS-CBN Corporation Belle Corporation Benpres Holdings Bloomberry Cebu Pacific Digitel Energy Development Corporation Equitable PCI Bank Filinvest First Philippine Holdings GMA Network La Tondeña Distillers Megaworld Corporation Metro Pacific Investments Nickel Asia Petron Philippine National Bank Philippine Stock Exchange Piltel Rizal Commercial Banking Corporation Robinsons Land Robinsons Retail Security Bank UnionBank Vista Land

PSE Composite Index companies of thePhilippines

Current

Former

v t e JG Summit Holdings
Headquarters Pasig City
Current businesses	Cebu Pacific GoTyme Bank(joint venture withTymeBank) JG Summit Olefins Corporation Meralco(27.1% stake) PLDT(minority stake) Robinsons Land Corporation Robinsons Malls Summit Hotels and Resorts Go Hotels Robinsons Retail Holdings Singapore Land Group Limited(a Singapore listed company) Summit Media Universal Robina Corporation
Former businesses	Digital Telecommunications Philippines¹ (includingSun Cellular) Griffin's Foods² Robinsons Bank³ Snack Brands Australia²
Related articles	John Gokongwei
¹Acquired byPLDT in 2011. ²Sold toIntersnack in 2021. ³Merged withBPI in 2023.