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Metro Global Holdings Corporation

Company Description
Metro Global Holdings Corporation (MGH), formerly Fil-Estate Corporation (FC), was originally incorporated on September 17, 1954 as San Jose Oil Company, with the primary purpose to prospect for and market oil, natural gas and other minerals, and secondarily invest in non-mining corporations or other enterprises. In 1996, the Company changed its primary purpose to become a holding company engaged in property and infrastructure development.

On May 30, 2014, the Securities and Exchange Commission approved the change in the corporate name of FC to the present one, and the Company subsequently moved to change its stock symbol to MGH. The amendments were intended to identify the group of companies under the Metro Group and establish the affiliation of the Company with its affiliate infrastructure units which had the word "Metro" in their corporate names.

MGH's key investment is in the form of equity interest in Metro Rail Transit (MRT) Holdings, Inc. and Metro Rail Transit Holdings II, Inc. The Phase I of the MRT project commenced full operation on July 15, 2000, with 13 stations from the North Triangle to Taft Avenue. The Company also has a 28.47% equity interest in Monumento Rail Transit Corporation, which actively pursues participation in train system extensions and capacity expansion via procurement of additional trains and vehicles.

Source: SEC Form 17-A (2019)
Security Information
Sector Holding Firms
Subsector Holding Firms
Corporate Life 50
Incorporation Date Sep 17, 1954
Number of Directors 9
Stockholders' Meeting as per By-Laws June - first Thursday except holidays
Fiscal Year 12/31 (Month/Day)
External Auditor KL Siy & Associates, CPAs
Transfer Agent Stock Transfer Service, Inc.
Contact Information
Business Address 7/F Renaissance Tower, Meralco Avenue, Pasig City 1600
E-mail Address
Telephone Number (02) 8633-6205
Fax Number (02) 8633-6248