{{Short description|Filipino conglomerate}} {{Use mdy dates|date=November 2022}} {{Use Philippine English|date=November 2022}} {{Infobox company | name = JG Summit Holdings, Inc. | logo = JG_Summit_Holdings_logo.svg | logo_size = | type = Public | traded_as = {{pse|JGS}} | foundation = {{start date and age|1990|11|23}}<ref>{{cite web |title=JG Summit Holdings, Inc. - Company Information |url=https://edge.pse.com.ph/companyInformation/form.do?cmpy_id=210 |website=PSE Edge}}</ref> | founder = John Gokongwei Jr. | location = 43rd Floor, Robinsons Equitable Tower, ADB Avenue cor. P Poveda Street, Ortigas Center, Pasig City, Metro Manila, Philippines | location_country = Philippines | area_served = Philippines | key_people = {{plainlist| * James L. Go (Chairman)<ref name="executiveofficer">{{cite web |title=Executive Officer and Corporate Center Heads |url=https://www.jgsummit.com.ph/our-company/management-team/executive-officers}}</ref> * Lance Gokongwei (President and CEO)<ref name="executiveofficer" /> }} | industry = Various | products = Petrochemicals | services = {{ubl|Banking and investments| Transportation| Real estate| Manufacturing| Publishing| Telecommunications| Power generation}} | revenue = ₱312.4 billion PHP (2022)<ref name="jgssummit1">[https://www.jgsummit.com.ph/annualreport2022] {{webarchive|url=https://web.archive.org/web/20070928153608/http://jgsummit.com.ph/doc/jgs-annualreport-2006.zip |date=September 28, 2007}}</ref> | net_income = ₱6.2 billion PHP (2022) | subsid = Cebu Pacific<br>Universal Robina | homepage = [http://jgsummit.com.ph/ Official website] }}
'''JG Summit Holdings, Inc. (JGSHI)''' is one of the largest conglomerates in the Philippines with business interests in air transportation, banking, food manufacturing, hotels, petrochemicals, power generation, publishing, real estate and property development, and telecommunications. Key subsidiaries include Universal Robina and Cebu Pacific.
==History== JG Summit Holdings incorporated in November 1990, it was founded by John Gokongwei Jr., one of the wealthiest individuals in Southeast Asia.<ref name = "Forbes2">{{cite news |title= Southeast Asia's 40 Richest |url= https://www.forbes.com/lists/2005/09/07/southeast-asia-richest-cz_05sealand_35.html |work= Forbes| first= Justin |last= Doebele |date= September 8, 2005}}</ref> In 2010, JGSHI was one of the ten most profitable companies on the Philippine Stock Exchange.<ref name="ManilaTimes">{{cite news|title=Year End Report - Transco, telcos, economic growth |url=http://www.manilatimes.net/national/2006/dec/31/yehey/yearend/20061231spe5.html |publisher=Manila Times |date=December 31, 2006 |access-date=January 3, 2007 |url-status=dead |archive-url=https://web.archive.org/web/20071017032239/http://www.manilatimes.net/national/2006/dec/31/yehey/yearend/20061231spe5.html |archive-date=October 17, 2007 }}</ref>
In February 2021, JG Summit Holdings partnered with Singapore based AI-powered cloud HCM suite Darwinbox.<ref>{{cite web |title=JG Summit partners with modern HR tech platform Darwinbox |url=http://www.manilastandard.net/?p=347483 |website=Manila Standard |date=19 February 2021}}</ref> and in October 2025, it expanded its partnership with Darwinbox.<ref>{{cite web |last1=Amojelar |first1=Darwin G. |title=JG Summit, Darwinbox expand tie-up to speed up digital, talent transformation |url=https://manilastandard.net/business/314655457/jg-summit-darwinbox-expand-tie-up-to-speed-up-digital-talent-transformation.html |website=Manila Standard |date=15 October 2025}}</ref>
==Companies== ===Manufacturing=== * JG Summit Olefins Corporation<ref>{{cite web |title=About Us – JG Summit Olefins Corporation |date=September 24, 2024 |url=https://jgsoc.com/about-us/}}</ref> ** Peak Fuel Corporation<ref>{{cite web |last1=Lucas |first1=Daxim L. |title=JG Summit shuts down petrochemical unit 'indefinitely' due to weak market |url=https://insiderph.com/jg-summit-shuts-down-petrochemical-unit-indefinitely-due-to-weak-market |website=InsiderPH |access-date=7 March 2025 |date=30 January 2025}}</ref> *Universal Robina Corporation – is one of the largest branded consumer food and beverage product companies in the Philippines.
===Real estate=== * Robinsons Land Corporation ** Robinsons Malls ** Go Hotels ** Robinsons Hotels & Resorts ** Summit Hotels and Resorts ** Robinsons Offices ** RLC Residences ** Robinsons Destination Estates (Bridgetowne) ** Robinsons Logistix and Industrials, Inc. * Singapore Land Group Limited (37.04%)<ref>{{cite web |title=Major shareholders: Singapore Land Group Limited |url=https://www.marketscreener.com/quote/stock/SINGAPORE-LAND-GROUP-LIMI-6495834/company-shareholders/ |website=MarketScreener}}</ref>
===Air transport=== * Cebu Pacific **AirSWIFT **Aviation Partnership Philippines **Cebgo **1Aviation Groundhandling Services Corp (40%) * LIPAD Corporation (operator of Clark International Airport) – a consortium with Filinvest Development Corporation, Philippine Airport Ground Support Solutions Inc., and Changi Airports Philippines Pte. Ltd.<ref>{{cite web |title=Lipad Corporation takes over Clark airport operations |url=https://www.rappler.com/business/237977-lipad-corporation-takes-over-operations-clark-international-airport/ |website=Rappler |access-date=September 20, 2019 |date=August 18, 2019}}</ref><ref>{{cite news |last1=Orejas |first1=Tonette |title=Lipad consortium takes over Clark airport |url=https://business.inquirer.net/276953/lipad-consortium-takes-over-clark-airport |newspaper=Philippine Daily Inquirer|access-date=September 20, 2019 |date=August 16, 2019}}</ref>
===Financial=== * Bank of the Philippine Islands (9.0292%) * GoTyme Bank (joint venture with Tyme Group)<ref>{{cite web|url=https://business.inquirer.net/425538/gotyme-bank-eyeing-vietnam-expansion |title=GoTyme Bank eyeing Vietnam expansion|date=9 October 2023|first=Alden M.|last=Monzon|website=INQUIRER.net|access-date=10 October 2023}}</ref>
===Utilities=== *Global Business Power Corporation (30%) *PLDT, Inc. (11.27%) *Meralco (29.56%)
===Others=== * Robinsons Retail * Summit Media * Go Global Business Services, Inc. * JG Digital Equity Ventures, Inc. * Data Analytics Ventures, Inc. * Altus Property Ventures, Inc. * Universal Hotels and Resorts Inc. * UNICON Insurance & Reinsurance Brokers Corporation * Gokongwei Brothers Foundation * DHL Summit Solutions Inc. (joint venture with DHL)<ref>{{cite web |url=https://www.jgsummit.com.ph/news/-the-jg-summit-group-dhl-supply-chain-form-joint-venture-in-the-philippines-20191210?ref=feed_tag_1|title = JG Summit Holdings & DHL Supply Chain Form Joint Venture in the Philippines}}</ref> * Merbau Corporation
==Former businesses== *Digital Telecommunications Philippines (Digitel and Sun Cellular) – Acquired by PLDT in March 2011. As part of the deal, JG Summit will have a 12% share in PLDT. It was finalized by the National Telecommunications Commission on October 26, 2011. *Far East Bank and Trust Company – Sold the shares to BPI during the time PCIBank was acquired by Equitable, the GSIS and the SSS. *Philippine Commercial International Bank (PCI Bank) – A joint venture between Benpres, and the Lopez Group of Companies. Both sold their shares in 1999 to the SSS and GSIS which gave way to the Equitable Banking Corporation – Philippine Commercial International Bank merger and eventually became Banco de Oro Universal Bank. * Griffin's Foods (New Zealand) – sold to Intersnack, a subsidiary of German company Pfeifer & Langen.<ref> {{cite web |url=https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/5391263/shareholdings|title = Intersnack New Zealand Holding Company}}</ref> * Snack Brands Australia (Australia) – sold to Intersnack, a subsidiary of German company Pfeifer & Langen. * SIA Engineering (Philippines) Corporation – sold the remaining 35% ownership to SIA Engineering Company. * Robinsons Bank – merged with Bank of the Philippine Islands, (in exchange for them being issued the corresponding stake in BPI)
==References== {{Reflist}}
== Further reading == * {{cite news |title= JG Summit income surges 128% to P5.6b |url= http://www.manilastandardtoday.com/?page=business2_nov15_2006 |publisher= Manila Standard Today | first= Jenniffer B. |last= Austria |date= November 15, 2006}} * {{cite news |title= JG Summit borrowing $600m for petrochem |url= http://www.manilastandardtoday.com/?page=business02_june30_2006 |publisher= Manila Standard Today | first= Jenniffer B. |last= Austria |date= June 30, 2006}} * {{cite news |title= JG Summit Holdings, Inc. Unit Announces $240 Million Share Sale |url= http://today.reuters.com/stocks/KeyDevelopments.aspx?symbol=JGS.PS |publisher= Reuters |date= February 7, 2006 }}{{dead link|date=January 2025|bot=medic}}{{cbignore|bot=medic}} * {{cite news |title= JGS slates new share offer for RLC (free article preview) |url= https://www.questia.com/read/1G1-142073696 |publisher= Manila Bulletin | first= Ana Marie |last= Macuja |date= February 15, 2006}}
== External links == * {{commonscat-inline}} * [http://jgsummit.com.ph/ JG Summit corporate website]
{{PSEi}} {{JG Summit Holdings}}
Category:Gokongwei Group Category:JG Summit Holdings Category:Companies listed on the Philippine Stock Exchange Category:Companies based in Pasig Category:Conglomerate companies of the Philippines Category:Conglomerate companies established in 1990 Category:1990 establishments in the Philippines Category:Philippine companies established in 1990 Category:Multinational companies headquartered in the Philippines Category:Companies in the PSE Composite Index Category:Family-owned companies of the Philippines
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