Core Investments
Manila Electric Company
Manila Electric Company
Manila Electric Company (Meralco) is the largest private sector electric distribution company in the Philippines, serving the country for over 119 years. It has a franchise area of 9,685 km2, covering 38 cities and 73 municipalities. This accounts for 55% of the electricity output of the Philippines in only 3% of the country’s total land area.
Equity Stake
Share in net income
16% growth vs last year
Market value of JGS’ stake
*as of Dec. 29, 2022
Singapore Land Group Limited
Singapore Land Group Limited
Singapore Land Group Limited (SingLand) is a premier Singapore-based real estate company listed since 1971. The company takes pride in its holistic approach to development, with a diverse portfolio that includes commercial offices, residential and retail properties, and hotels. It has a large footprint in Singapore and key overseas markets, having prime commercial assets in Singapore with S$6.7 billion commercial assets under management, 3.7 million ft2 net lettable area, and 13 commercial and integrated properties.
Equity Stake
Share in net income
10% growth vs last year
Market value of JGS’ stake
*as of Dec. 29, 2022
PLDT, Inc.
PLDT, Inc.
PLDT, Inc. (PLDT) is the largest fully integrated telecommunications company in the Philippines. It offers a wide range of telecommunications and digital services across the most extensive fiber backbone in the Philippines, as well as its fixed line and cellular networks. PLDT is listed on the Philippine Stock Exchange and its American Depositary Shares are listed on the New York Stock Exchange.
Equity Stake
Market value of JGS’ stake
*as of Dec. 29, 2022