The Company, through its subsidiaries, provides banking, automotive, property development, infrastructure, utilities, and insurance services. engages in banking, real estate development, power generation, automotive and life insurance business. It operates through the following segments: Real Estate, Financial Institutions, Automotive Operations, Infrastructure, and Others. The Real Estate segment
is involved in real estate and leasing, development and selling of properties of every kind and description, as well as ancillary trading of goods such as petroleum, non-fuel products on wholesale or retail basis, maintenance of a petroleum service station, engaging in food and restaurant service and acting as a marketing agent for and in behalf of any real estate development company or companies. The Financial Institutions segment relates to the banking and insurance industry and financing institution. The Automotive Operations segment is the assembly, manufacture, importation, sale and distribution of all kinds of automobiles including automobile parts, accessories, and instruments. The Infrastructure segment includes water distribution, toll operation, power sector, hospitals, and rail. The Others segment is responsible for the other corporate activities of the Group such as capital raising activities, acquisitions, and investments. The company was founded by George Siao Kian Ty on July 26, 2007 and is headquartered in Makati, Philippines. COMPANY BACKGROUND
GT Capital Holdings is the holding company of tycoon George S.K. The Filipino-Chinese businessman started building his empire in his 20s when he opened Metropolitan Bank & Trust in 1962. The conglomerate went public in 2012, and its initial public offering raised nearly 22 billion pesos ($520 million), making it the biggest equity transaction in the Philippines that year. As well as its crown jewel, Metrobank, the group is also into property development through Federal Land; power generation (Global Business Power); automotive (Toyota Motor Philippines); life insurance (Philippine AXA Life Insurance); and nonlife insurance (Charter Ping An Insurance). Recently, GT Capital, ran by Ty's son Alfred, has focused on power generation amid a looming power shortage in the Philippines. At the same time, the company had been beefing up its property development as demand grows in the residential and office sectors. SHAREHOLDERS
TY FAMILY (55.9%)
Matthews International Capital Management LLC (3.7%)
Government Service Insurance System (2.0%)
The Vanguard Group, Inc. (1.6%)
Norges Bank Investment Management (1.5%)
Lazard Asset Management LLC (1.2%)
BlackRock Fund Advisors (0.8%)
Social Security System (0.6%)
Capital International, Inc. (Investment Management Singapore) (0.6%)
M&G Investment Management Ltd.
