September 21, 2014 7:35 AM ET

Electric Utilities

Company Overview of Aboitiz & Company, Inc.

Company Overview

Aboitiz & Company, Inc., a holding company, through its subsidiaries operates in power, banking, food, integrated transport and logistics, land development, and construction businesses. Its power business comprises coal-fired, oil-fired, and hydro generation and distribution of power; and banking business consists of provision of loans to individuals, such as salary loans, real estate mortgage or housing loans, loans against savings and time, and car and business loans, as well as deposit products, such as savings accounts. The company’s food business includes the manufacture and distribution of flour products, commercial feed and swine products, and animal-nutrition advice and piglets for f...

Aboitiz Corporate Center

Gov. Manuel A. Cuenco Avenue


Cebu City,  6000


Founded in 1920


63 3 241 11800


63 3 223 14031

Key Executives for Aboitiz & Company, Inc.

Chief Executive Officer and President
Age: 57
Senior Vice President and Director
Age: 60
Senior Vice President and Director
Age: 57
Senior Vice President for Strategy and Director
Age: 59
Compensation as of Fiscal Year 2014.

Aboitiz & Company, Inc. Key Developments

PSALM Confirms Four Companies Interested In Bidding For Naga Power Plant Sale

DMCI Holdings, Inc. (PSE:DMC), Aboitiz & Company, Inc., D.M. Wenceslao and Associates Incorporated, and Salcon Power Corp. (PSE:SPC) have expressed interest in bidding for Naga Power Plant, which is being planned to be sold by the government. According to industry sources, the four companies joined the pre-bid conference for Naga Power Plant conducted by the Power Sector Assets and Liabilities Management Corporation (PSALM). PSALM president Emmanuel Ledesma Jr. confirmed the report stating, “The bidder’s comments and clarifications during the pre-bid covered the provisions of the bidding procedures, terms of asset sale, due diligence process and bidding schedule.” PSALM has set the deadline of submission of bids for the sale process on July 24, 2013.

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