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Press Releases / News

Year: 2010  2009  2008  2007 


First Holdings declares cash dividends for Series B preferred shares

June 09, 2010
First Holdings’ Board of Directors approved declaration of a P4.36155 cash dividend per share on the Series “B” Preferred Shares amounting to P187.55 million.


Oscar M. Lopez to retire as FPHC Chair, CEO

June 01, 2010
First Holdings Chairman Oscar M. Lopez is stepping down as chairman and chief executive officer on June 12, he announced in the company’s 48th Annual Stockholders’ Meeting.


Remarks of FPHC Chairman Oscar M. Lopez at the 48th Annual Meeting

May 31, 2010
Fellow Stockholders and Staff-members, Partners, Friends and Other Stakeholders of First Philippine Holdings Corporation, Ladies and Gentlemen: Good afternoon to all of you and welcome to our 48th Annual Stockholders’ Meeting. Since my return to t


Remarks of FPHC President Elpidio L. Ibanez at 48th Annual Meeting

May 31, 2010
Over the past two and a half years we have made substantial changes in First Holdings to take advantage of the opportunities to grow our various businesses, as well as address our debt problem. In 2008, we sold our tollroad business, First Philippine I


First Holdings Maintains Recurring Income Growth

May 17, 2010
For the first quarter ending March 31, 2010, First Philippine Holdings Corporation (First Holdings) posted a net income of P24.6 billion. This was driven by the P23.6 billion combined gain on the sale of Meralco shares (6.6%) to Beacon Electric Asset Hold


First Holdings' Net Income Soars to P8.5 Billion

April 12, 2010
For 2009, First Philippine Holdings Corporation (First Holdings) reported a significant increase in net income attributable to parent of P8.5 billion, up by 615 percent compared to the net income of P1.2 billion in 2008.


PhilRatings upgrades First Holdings' P5-billion notes issue

April 08, 2010
First Philippine Holdings Corp. (FPHC) has received a credit rating upgrade from Philippine Rating Services Corp. for its outstanding P5 billion fixed-rate corporate notes.


First Holdings completes transactions on its Meralco shares

March 30, 2010
First Philippine Holdings Corporation (First Holdings) announced that it has completed transactions of its 6.6 percent stake in the Manila Electric Company (Meralco) to Beacon Electric Asset Holdings, Inc. (Beacon Electric).


First Holdings signs Option Agreement on its Meralco shares

March 01, 2010
In a disclosure made today, First Philippine Holdings Corporation (First Holdings) announced that it has executed an Option Agreement with Rightlight Holdings Inc. (RHI) over First Holdings' 74,700,000 common shares (The Option Shares) or 6.6 percent


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