GT Capital Holdings Incorporated - updates

Rappler's latest stories on GT Capital Holdings Incorporated

ARTICLE FINDER

GT Capital ventures into microfinance

Aug 09, 2017 - 5:40 PM

The holding firm of George Ty is set to acquire 4 million shares of Sumisho Motor Finance Corporation

TAPS NICHE. George Ty's GT Capital says the acquisition deal will give the group an opportunity to tap the low to middle income sector of the Philippine market – the primary clientele of Sumisho Motor Finance. Photo by Alecs Ongcal/Rappler

PLDT sells remaining stake in Beacon to MPIC

Jun 14, 2017 - 1:30 PM

Metro Pacific Investments Corporation the sister company of PLDT buys the telco s remaining stake in Beacon for P21 8 billion

FINANCIALLY SATISFYING. 'The divestment of our Beacon investment will help the PLDT group focus on the key priorities in its core businesses. While the investment is now viewed as no longer strategic, it has nonetheless been a very financially satisfying one,' PLDT Chairman Manuel Pangilinan says. Photo by Martin San Diego/Rappler

GT Capital plans to raise P12B to pay bank loans

Jul 06, 2016 - 12:15 PM

Some P2 9 billion of the expected proceeds will also be used for interest payments capital expenditures capital calls and new investments

PAY OBLIGATIONS. In May, MPIC formed a strategic alliance with GT Capital by swapping shares and acquiring a majority stake of the latter’s power generation unit

Metro Pacific buys additional 25% interest in Beacon from PLDT

May 30, 2016 - 4:45 PM

Through this deal Metro Pacific will increase its direct and indirect economic interest in Meralco to 41 making it the single largest source of cash generation for the conglomerate

BETTER CASH FLOW. In undertaking this investment, Metro Pacific President and CEO Jose Ma Lim says the firm has enhanced its overall cash flow and growth prospects. Photo by Chrisee Dela Paz/Rappler

First Pacific group acquires 56% stake in Global Business Power

May 27, 2016 - 8:23 PM

MPIC says it will use excess cash to raise equity stake in Meralco through buying more Beacon Electric shares from PLDT

MORE POWER INVESTMENTS. This new partnership with GT Capital strengthens the cash position of First Pacific, MPIC's Pangilinan (R) says. In the photo are MPIC's Jose Ma Lim (C) and David Nicol (R). Photos by Chrisee Dela Paz/Rappler