Defining the News
Infrastructure conglomerate Metro Pacific Investments Corp. elected San Miguel Corp. president and chief executive Ramon Ang and Government Service Insurance System president and general manager Jose Arnulfo Veloso as board directors.
SMC did not disclose how much Ang invested in MPIC. It said SMC had not made any separate investment in the company. Meanwhile, Veloso was also elected to MPIC’s board after the GSIS acquired MPIC shares from the market in August, which increased its stake in the company to 12 percent from 3 percent. Also elected to the MPIC’s board were Rodolfo del Rosario Jr., Yoshitoshi Iwami, Takehiko Ainoya and Stanley Yang.
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Manila Standard | Defining the NewsWelcome to the online edition of Manila Standard (MS), a nationally circulated newspaper published daily in the Philippines since February 1987.
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