) is thefor the diversified interests of the Ayala Group. Founded in thePhilippinesby Domingo Rxas and Antonio de Ayala during theSpanish colonial rule, it is the countrysoldestand largestconglomerate. The company has a portfolio of diverse business interests, including investments in retail, education, real estate, banking, telecommunications, water infrastructure, renewable energy, electronics, information technology, automotive, healthcare, and management andbusiness process outsourcing. As of November 2015, it is the countrys largest corporation in terms of assets ($48.7B).
The company began in 1834 with the formation of a distillery owned by Casa Rxas, a partnership between Domingo Rxas and Antonio de Ayala.The distillery was the maker ofGinebra San Migueland was later acquired by La Tondeña, Inc. in 1929.
In the late 19th century, Ayala participated in the construction of thePuente de Ayala(Ayala Bridge) over thePasig Riverin Manila. Built of wood in 1872, the bridge was reconstructed in steel in 1908 and became the first steel bridge in the Philippines. In 1888, Ayala introduced the firsttramcarservice in the Philippines. Ayala was responsible for the development ofMakatias the financial district of Manila and the Philippines afterWorld War II.
In April 2010,FinanceAsianamed Ayala Corporation as the best-managed company in the Philippines, as well as best for corporate governance and best for corporate social responsibility.
In 2011, Ayala began building its renewable energy portfolio, beginning with ajoint venturewithMitsubishifor solar power, the purchase of the iconic Northwind farm for wind power, and its joint venture with Sta. Clara Power forrun-of-the-riverhydro power. Ayala will contribute 1000 MW to the Philippine power supply, by 2015.In 2015,FinanceAsiaawarded Ayala Corporation as the Best Managed Company in the Philippines in the 15th annual survey of top public companies in Asia.
Portico Land Corp. – joint venture withMitsubishi Corporation
Roxas Land Corp. – joint venture withBank of the Philippine IslandsandHongkong Land
MCT Consortium Berhad (32.95% ownership, based in Malaysia)
Ortigas & Company Limited Partnership – Since November 2014, Ayala andSM Prime Holdingsended their dispute over the ownership of OCLP Holdings, the parent of Ortigas & Company. Ayala has recently sealed a deal with a group led by Ignacio Ortigas for the development of the Ortigas familys land bank area.
Trident Infrastructure and Development Corporation (TIDC) – Formerly known as Team Trident and the super consortium, is a joint-venture between Aboitiz Equity Ventures, Inc. (AEV), Ayala Land Inc. (ALI), Megaworld Corporation (MEG) and SM Prime Holdings, Inc. (SMPH). It is aimed to develop the Laguna Lakeshore Expressway and Dike Project (LLEDP).
Ayala-GT Capital – In May 2015, through Ayalas Alveo Land and GT Capitals Federal Land, the two corporations will develop a 45-hectare property in Biñan, Laguna, aimed towards mid-range and high-end markets.
Ayala Corporation Energy Holdings, Ltd. – is the power unit of Ayala Corporation, with investments in the development of conventional as well as solar, wind, and mini-hydro energy sources.
AC Infra – pursues toll road, rail and airport projects under governments public-private partnership program. One of its latest projects include MCX (MuntinlupaCavite Expressway).
Light Rail Manila Corporation – a consortium between the Ayala Corporation andMetro Pacific Investments Corporationfor theLRT Line 6(more commonly known as the LRT Line 1 South Extension), theLRT Line 1 Common Station and the LRT Line 1 Concession.
AF Payments, Inc. – another consortium between the Ayala Corporation andMetro Pacific Investments Corporationregarding the unified Automated Fare Collection System (Beep card) for LRT-1, LRT-2, MRT-3, and eventually also for the PNR and other public transport.
North Avenue LRT station- the Unified Grand Central Station, is an interchange station thats currently in development by its stakeholders Metro Pacific Corporation, Universal LRT of San Miguel Corporation, SM Prime Holdings, and Ayala Corporation.
AC Industrial Technology Holding, Inc. (AC Industrials)
Integrated Micro-Electronics, Inc.(IMI)
– Established in October 1990, Ayala Automotive Holdings began with a 12.9% stake in the P1.1B investment for the local operations and production plant of Honda Cars Philippines.
Adventure Cycle Philippines, Inc. (KTMPhilippines)
Generika – Drugstore chain, with 50% stake
QualiMed – Hospitals and clinics, a joint-venture with Mercado General Hospital Inc.(MGHI) and Ayala Land, Inc.
University of Nueva Caceres- Ayala Educations flagship University
Affordable Private Education Center, Inc. (APEC Schools)- a joint venture between the Ayala Corporation andPearson PLCs Affordable Learning Fund (Pearson ALF). It promotes affordable but high-quality education.
Professional Employment Program (PEP)
Ayala Technology Business Incubator
Business process outsourcing and Digital businesses
The Insular Life Assurance Co., Ltd.Mutualcompany owned by policyholders since 1987.
PhilippineFamilyMartCVS, Inc. – Joint venture with Stores Specialists, Inc., Japan FamilyMart, andItochu Corporation.
Acquired byPhoenix Petroleum Philippines, 2018.
Stream Global – sold toConvergysfor $820 million.
In January 2006, theboard of directorspublicly announced the decision byJaime Zbel de Ayalato retire as chairman of the corporation by April 2006. The board also announced his appointment as chairmanemeritusupon his retirement. His eldest son,Jaime Augusto Zbel de Ayala, succeeded him as chairman and chief executive officer, while his younger son,Fernando Zbel de Ayala, has assumed the position of president and chief operating officer. TheZbel de Ayala familysholding company, Mermac, Inc., continues to hold the controlling stake (49%) in Ayala Corporation.
In 2014, Ayala celebrated its 180th anniversary. The company is credited for having contributed to the socio-economic development of the Philippines.
. Nevada: University of Nevada Press.ISBN0874175909
Asias best managed companies: Indonesia and the Philippines,
April 23, 2011, at theWayback Machine., The Philippine Daily Inquirer
Charles H. Cosgrove J.D.: Executive Profile & Biography – Businessweek.
Philippine Ayala Corp eyes Chinese, Indian real estate markets_English_Xinhua.
Japans Mitsubishi taps Ayala Land for Ortigas property venture.
User, Super.Ayala Land, Ortigas group seal P15B deal.
. Archived fromthe originalon 2012-07-03.
ABS-CBNnews.com.Why Ayala, Aboitiz, Sy, Tan formed Team Trident
. Archived fromthe originalon 2015-02-27.
ANC, Cathy Yang,.DPWH mulls bid submission extension for Laguna Lakeshore PPP.
Archived copy. Archived fromthe originalon 2012-02-03
Remo, Amy R.AC Energy of Ayala group to invest $200M in 2013.
ABS-CBNnews.com, by Kathleen A. Martin,.Ayala Corp. allots up to $700-M for energy projects.
Camus, Miguel R.Govt expected to award P65-B LRT project to Ayala-MPIC group next week.
Agcaoili, Lawrence.Govt, MPIC-Ayala sign deal for MRT-LRT single ticket system.
Ayala Corp. posts P7.3B net in first 9 mos., up 7%.
OECD, Organisation for Economic Co-operation and Development(2001).
Corporate Governance In Asia: A Comparative Perspective
. OECD Proceedings Series. OECD Publishing.ISBN85.
Integrated Micro-Electronics, Inc. (IMI) – IMI.
Mercurio, Richmond S.Ayala-led IMI aims for billion dollar revenues.
Archived copy. Archived fromthe originalon 2011-08-30
Archived copy. Archived fromthe originalon 2012-02-04
Archived copy. Archived fromthe originalon 2011-05-14
. Archived fromthe originalon 2013-06-15.
News, by Liza Reyes, ABS-CBN.Ayala group brings back VW; Beetle in 2014.
About Us – QualiMed Health Network.
Tuition in new private schools: P65 a day
Archived copy. Archived fromthe originalon 2010-11-23
Archived copy. Archived fromthe originalon 2012-05-26
INQUIRER.net.Cultural advocate to speak at Filipinas Heritage Librarys workshop.
Archived copy. Archived fromthe originalon 2009-03-03
Pamintuan, SKETCHES By Ana Marie.Strength in unity.
BusinessMirror, by Miguel R. Camus,.Ayalas BPO unit expects to post profit as it expands.
Ayala BPO unit buys LA outsourcing firm.
EDITORYAL – Kulang na naman ang mga classroom?.
Editorial, Reuters.Integreon buys Grail Research; eyes more.
Archived copy. Archived fromthe originalon 2011-05-11
Ayala on solid ground after 175 years,
Philippine Stock Exchange Information Page on Ayala Corporation
(APEC SchoolsUniversity of Nueva Caceres)
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This page was last edited on 26 February 2018, at 15:44