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Incorporated in November 1990, JG Summit Holdings was founded by John Gokongwei Jr., one of the wealthiest individuals in Southeast Asia. [2] In 2010, JGSHI was one of the ten most profitable companies on the Philippine Stock Exchange .
Summit Hotels and Resorts is a Filipino brand of hotels owned and operated by Robinsons Land Corporation, the real estate arm of JG Summit Holdings established by Filipino-Chinese entrepreneur John Gokongwei Jr. It began operating in 2009 with the opening of its first hotel, Summit Ridge Tagaytay in Tagaytay, Cavite. As of 2020, the company has ...
The first Go Hotel along EDSA in Mandaluyong, Metro Manila.. Robinsons Land Corporation, the real estate arm of Filipino-Chinese businessman John Gokongwei Jr.'s JG Summit Holdings, first entered the hospitality business in 2004 with the establishment of Robinsons Hotels and Resorts, which manages several luxury hotel brands such as the Crowne Plaza Galleria, Holiday Inn Galleria, Dusit Thani ...
His eldest daughter, Robina, heads the operations of Robinsons Retail Holdings, Inc. (she owns Robinsons Malls), as the company's COO since 2002. [13] His only son, Lance, currently leads the group as president and CEO of JG Summit. He was a second cousin once removed of Andrew Gotianun Sr., the founder of Filinvest Development Corporation. [14]
The company was founded on September 28, 1954 by John Gokongwei, Jr. [6] under the name Universal Corn Products (UCP) after Gokongwei decided to construct a corn milling plant to produce glucose and cornstarch.
Welsh, Carson, Anderson & Stowe has won the auction to buy EquiLend Holdings, according to four private equity and banking sources. The private equity firm is paying more than $800 million for ...
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He is the President and CEO of JG Summit Holdings, Inc. since 2018. [ 1 ] [ 2 ] [ 3 ] Gokongwei is the only son of businessman John Gokongwei Jr. [ 1 ] He and his siblings are listed among the richest in the country.