GT Capital

Last updated

GT Capital Holdings
Type Public
PSE:  GTCAP
IndustryVarious
Founded2007;16 years ago (2007)
Founder George S.K. Ty
Headquarters GT Tower, Makati, Philippines
Key people
  • Arthur V. Ty (Chairman)
  • Alfred V. Ty (Vice Chairman)
  • Carmelo Maria Luza Bautista
    (President and COO)
  • Francisco H. Suarez, Jr.
    (CFO)
Services Banking and Investments, Transportation, Real Estate, & Manufacturing
Website www.gtcapital.com.ph

GT Capital Holdings Inc. (GTCAP) is a holdings company owned by George Ty's family. [1] [2]

Contents

Formation

GT Capital Holdings Inc. was founded by George Ty. [3] Established on June 26, 2007, it has business interests in auto dealership, banking, insurance, power and real estate. [1] [4] [5] On April 20, 2012, it debuted in the Philippine Stock Exchange with an initial public offering (IPO) for 47.4 million shares with additional 6 million shares earmarked for over-allotment. [6] [7]

Subsidiaries

Financial

Manufacturing and automotive

Real estate

Others

References: [1] [4] [8]

Related Research Articles

<span class="mw-page-title-main">San Miguel Corporation</span> Filipino multinational conglomerate

San Miguel Corporation, abbreviated as SMC, is a Philippine multinational conglomerate headquartered in Mandaluyong, Metro Manila. The company is one of the largest and most diversified conglomerates in the Philippines. Originally founded in 1890 as brewery in the Philippines, San Miguel has ventured beyond its core business, with investments in various sectors such as food and drink, finance, infrastructure, oil and energy, transportation, and real estate.

<span class="mw-page-title-main">Ayala Corporation</span> Publicly listed holding company for the diversified interests of the Ayala Group

Ayala Corporation is the publicly listed holding company for the diversified interests of the Ayala Group. Founded in the Philippines by Domingo Róxas and Antonio de Ayala during Spanish colonial rule, it is the country's oldest and largest conglomerate. 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, management, and business process outsourcing. As of November 2015, it is the country's largest corporation in terms of assets ($48.7B).

<span class="mw-page-title-main">Bank of the Philippine Islands</span> Bank in the Philippines

Bank of the Philippine Islands is a universal bank in the Philippines. It is the first bank in both the Philippines and Southeast Asia. It is the fourth largest bank in terms of assets, the second largest bank in terms of market capitalization, and one of the most profitable banks in the Philippines.

<span class="mw-page-title-main">Banco de Oro</span> Bank in the Philippines

BDO Unibank, Inc., commonly known as Banco de Oro (BDO), is a Philippine banking company based in Mandaluyong. In terms of total assets, the firm is the largest bank in the Philippines and 15th largest in Southeast Asia as of March 31, 2016. BDO Unibank is also a member of SM Group. It is also the largest bank in the country by market capitalization.

<span class="mw-page-title-main">Metrobank (Philippines)</span> Bank in the Philippines

The Metropolitan Bank & Trust Company, commonly known as Metrobank, is the fourth largest bank in the Philippines. It offers various financial services, from regular banking to insurance. It is the commercial and retail banking arm of GT Capital Holdings Inc.

<span class="mw-page-title-main">SM Investments</span> Philippine conglomerate

SM Investments Corporation (SMIC), also known as SM Group, is a Filipino conglomerate with interests on various sectors, mostly on shopping mall development and management, retail, real estate development, banking, and tourism. Founded by Henry Sy, it has become one of the largest conglomerates in the Philippines, being the country's dominant player in retail with 208 stores nationwide. Of these, 47 are SM Department Stores; 38 are SM Supermarkets; 37 are SM Hypermarkets, and 86 are SaveMore branches.

<span class="mw-page-title-main">George Ty</span>

George Siao Kian Ty was a Filipino banker and business magnate. He founded Metropolitan Bank and Trust Company, the second largest bank in both assets and capital in the Philippines. He owned stakes in Federal Land, Inc., the Bank of the Philippine Islands and Philippine Savings Bank, a Metrobank subsidiary. Ty was the owner of the G.T. International Tower in Makati.

<span class="mw-page-title-main">Rizal Commercial Banking Corporation</span> Bank in the Philippines

The Rizal Commercial Banking Corporation, commonly known as RCBC, is one of the largest universal banks in the Philippines with total consolidated resources of Ph₱ 1.2 trillion. It was established in 1960 as a development bank and is licensed by the Bangko Sentral ng Pilipinas (BSP) for both commercial and investment banking. It is currently headquartered at RCBC Plaza in Makati, Metro Manila.

<span class="mw-page-title-main">EastWest Bank</span> Bank in the Philippines

EastWest Bank, more formally known as East West Banking Corporation, is the eleventh largest bank in the Philippines in terms of assets. It was founded in 1994 in Manila by the late tycoon, Andrew Gotianun and his wife. It is a member of the Filinvest Group, led by the Gotianun family. Its headquarters is at The Beaufort, a condominium building by Filinvest in Bonifacio Global City.

Jaime Zóbel de Ayala y Pfitz, also known as Jaime Zóbel, is a Filipino businessman who served as the chairman of the Ayala Corporation from 1984 to 2006 and as its president from 1984 to 1994. Presently, he holds the honorary title as "Chairman Emeritus".

The Philippine International Motor Show, or PIMS, is an auto show that took place on August 9, 2007 at the Philippine World Trade Center. It ended August 12, 2007.

<span class="mw-page-title-main">Metro Pacific Investments</span> Philippine conglomerate

Metro Pacific Investments Corporation (MPIC) is a Philippine-based unit investment holding company of First Pacific Company Limited through Metro Pacific Holdings, Inc. MPIC through its subsidiaries, provides water, sanitation, and sewerage services and also operates in real estate, and infrastructure projects. It also invests in some hospitals in the Philippines.

Roberto Velayo Ongpin was a Filipino businessman who served as the Minister of Commerce and Industry during the Marcos administration. His younger brother Jaime served as the Minister of Finance of the Philippines under Marcos's successor, President Corazon Aquino.

DMCI Homes, Inc. is the real estate arm of DMCI Holdings through its wholly owned subsidiary DMCI Project Developers, Inc. (PDI). It was incorporated and registered with the Securities and Exchange Commission (SEC) on April 27, 1995. It ranked #146 in the Business World Top 1000 Corporations for 2014.

<i>BusinessWorld</i> Business newspaper in the Philippines

BusinessWorld is a business newspaper in the Philippines with a nationwide circulation of more than 117,000. Founded in 1967 as Business Day, it is Southeast Asia's first daily business newspaper.

Toyota Motor Philippines Corporation (TMP) is a subsidiary of Toyota, based in Santa Rosa, Laguna, Philippines, responsible for the assembly and distribution of Toyota vehicles in the Philippines since 1988. The company was established on August 3, 1988, as a joint venture between Toyota, Mitsui & Co and GT Capital.

<span class="mw-page-title-main">Property Company of Friends</span> Real estate developer in the Philippines

Property Company of Friends, Inc., commonly known as Pro-Friends is a real estate company in the Philippines owned by Guillermo Choa. It is engaged in low-cost housing and condominium development. Its projects are on Luzon, Visayas and Mindanao. Its banner project is Lancaster New City, which occupies three towns in Cavite from Kawit, Imus, and General Trias. It has applied for its IPO under its holding entity, Amicus Holdings, which in turn has its subsidiary, Williamton, to handle in-house financing at second quarter of 2014 but was abandoned since March 2015.

AC Industrial Technology Holdings Inc. or simply AC Industrials is Ayala Corporation's holding company for its current and future investments in industrial technology. It is formerly known as Ayala Automotive Holdings Corporation before the change in name in August 2016. The core businesses under AC Industrials are Integrated Micro-Electronics, Inc., a global technology company in the Philippines and one of the top automotive EMS provider worldwide, and AC Motors, a multi-brand dealership group and vehicle distributor carrying Honda Cars, Isuzu Motors, Kia Motors, Volkswagen and KTM.

<span class="mw-page-title-main">Aboitiz Power</span>

Aboitiz Power Corporation also known as AboitizPower (AP), a subsidiary of Aboitiz Equity Ventures (AEV), is a holding company engaged in power distribution, generation and retail electricity services.

<span class="mw-page-title-main">Automotive industry in the Philippines</span> Overview of the automotive industry in the Philippines

The automotive industry in the Philippines is the 9th largest in the Asia-Pacific region, with approximately 273.4 thousand vehicles sold in 2019. Most of the vehicles sold and built in the Philippines are from foreign brands. For the most part, the Philippines is dominated by Japanese automobile manufacturers like most of its ASEAN neighbors. The automobile production in the country is covered under the Philippine Motor Vehicle Development Program implemented by the Board of Investments. In addition, there are also a small number of independent firms who assemble and fabricate jeepneys and other similar vehicles, using surplus engines and drivetrain parts mostly from Japan.

References

  1. 1 2 3 "GT Capital gears for entry into used vehicle business". philstar.com. Retrieved 27 July 2019.
  2. "GT Capital Holdings Inc". www.bloomberg.com. Retrieved 27 July 2019.
  3. Gonzales, Iris (28 June 2019). "GT Capital, SM team up for upscale Makati condo". philstar.com. Retrieved 27 July 2019.
  4. 1 2 "Company Information: GT Capital Holdings, Inc". edge.pse.com.ph. Retrieved 27 July 2019.
  5. "GT Capital Holdings on the Forbes Asia's Fab 50 Companies List". Forbes. Retrieved 27 July 2019.
  6. "Ty's GT Capital jumps on market debut". ABS-CBN News. 20 April 2012. Retrieved 27 July 2019.
  7. Visconti, Katherine. "1st IPO of 2012: What you need to know about GT Capital". Rappler. Retrieved 27 July 2019.
  8. Charm, Neil (14 May 2019). "GT Capital earnings slide in Q1 | BusinessWorld" . Retrieved 27 July 2019.