April 04, 2013
In a regular board meeting held today, the board of directors approved FPH's audited consolidated financial statements for the calendar year ended December 30, 2012....
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February 14, 2013
In a regular board meeting on February 7, 2013, the Board of Directors of First Philippine Holdings Corporation (FPH) approved the company's option to redeem all of its 43,000,000 Series B Preferred Shares. ...
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Philippine Electric Corporation (Philec) is the country’s pioneer manufacturer of distribution and power transformers.
Established in 1969, Philec began commercial operations in October of 1970 under a technical and licensing agreement with Hitachi Ltd. of Japan, manufacturing distribution transformers. Today, it manufactures a wide range of single and three-phase distribution power transformers up to 15MVA. It also manufactures single and three-phase compartmental type pad-mounted transformers. It has a strong in-house technical capability developed over the years through technical tie-ups with leading world class technology corporations such as General Electric and Cooper Power System of USA and Hitachi of Japan. Philec also offers power delivery equipment services and on-site preventive maintenance.
Philec‘s products all conform to the requirements of the American National Standard Institute (ANSI) but can also be designed to meet other widely-accepted standards, like those of the International Electrochemical Commission (IEC), British Standards (BS) and Japanese Standards (JEC). Philec maintains Integrated Management Systems certification. Philec was also one of the Lopez Group companies recently awarded with Investors in People certification.
The company has a modern and fully-integrated manufacturing facility in Taytay, Rizal.
First Holdings owns 97.98% of Philec.
For more information go to www.philec.com