Lopez Holdings

 

2006

Lopez Group head says completion of EPIRA reforms, lower taxes on power industry can ease electricity rates Lopez Group chairman Oscar M. Lopez said the completion of reforms under the Electric Power Industry Reform Act (EPIRA) and a review of taxes on the power industry may help reduce electricity rates in the country.

Lopez Group to build 20,000 homes for teachers and policemen should it win disputed E-PCIBank sharesLopez Group chairman Oscar M. Lopez said he will recommend to shareholders of First Philippine Holdings Corporation (FPHC) the donation of half of whatever proceeds the company may be awarded, for its claim over disputed E-PCIBank shares, to build 20,000 homes for teachers and policemen.

Statement read by Atty. Barbara Anne C. Migallos There has recently been significant media interest in a block of shares of stock of Equitable PCI Bank, representing about 7.13% of the Bank's outstanding capital (the "Shares"). These Shares are registered in the name of Trans Middle East Equities Philippines, Inc. (Trans Middle East). They were sequestered by the PCGG on the allegation that they are ill-gotten wealth of Benjamin (Kokoy) Romualdez, Ferdinand E. Marcos, et al.

Lopezes pursue claim on Equitable PCIBank shares The Lopez family, through First Philippine Holdings Corporation (FPHC), renewed its claim on Equitable PCIBank shares currently being voted by the c group through Trans Middle East (Philippines) Equity, Inc. (TMEE) FPHC filed on June 21 an urgent motion before the Sandiganbayan to compel TMEE to return any dividends released or withdrawn from escrow, while ownership of questioned Equitable PCIBank shares has not been determined with finality.

Timeline Meralco Securities Corporation or MSC, now First Philippine Holdings Corporation (FPHC), acquired substantial shares in PCIBank, now Equitable PCIBank.

Statement regarding PGMAs comment about the ULTRA incident We are saddened that President Arroyo has prejudged the results of the government investigation into the Ultra stampede.

ABS-CBN assists in burial ceremonies of Ultra stampede victims ABS-CBN continues to provide assistance in the funeral of victims in the Ultra tragedy. Over the weekend, 32 victims have been laid to rest, while 19 have been sent to the provinces. The network also provided transportation assistance to the victims families and relatives who attended the burial.

ABS-CBN lays out long-term assistance for victims ABS-CBN Broadcasting Corporation today disclosed plans to help victims of the ULTRA tragedy for the long term.

ABS-CBN extends assistance ABS-CBN is extending every assistance to all those who were killed and injured in the Wowowee stampede yesterday at the Philsports Arena (formerly Ultra). The central help desk for assistance and missing persons is now at Bantay Bata 163.

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CONTACT US

Lopez Holdings Corporation (formerly Benpres Holdings Corporation)
4/F Benpres Building, Exchange Road, 1605 Pasig City, Philippines

  • Trunkline: (632) 449-2345
  • Fax: (632) 634-3009
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