# NLEX Corporation

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Subsidiary of Metro Pacific Investments Corporation

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NLEX Corporation Type Subsidiary Industry Transportation Founder Lopez Holdings Corporation Area served Philippines Key people Manuel V. Pangilinan (Chairman) Jose Luigi L. Bautista (President and CEO) Services Tollway operation and maintenance Parent Metro Pacific Investments Corporation

Old logo (1997-2018)

**NLEX Corporation** (Full name: **North Luzon Expressway Corporation**;[1] formerly **Manila North Tollways Corporation**) is a subsidiary of [Metro Pacific Tollways Corporation](/source/Metro_Pacific_Tollways_Corporation) (MPTC), a company owned by [Metro Pacific Investments Corporation](/source/Metro_Pacific_Investments_Corporation) ([PSE](/source/Philippine_Stock_Exchange): [MPI](https://www.pse.com.ph/company-information-MPI/)). It holds the concession rights to construct, operate and maintain the [North Luzon Expressway](/source/North_Luzon_Expressway) (NLEX) and [Subic–Clark–Tarlac Expressway](/source/Subic%E2%80%93Clark%E2%80%93Tarlac_Expressway) (SCTEX). The company was acquired by the Metro Pacific group from [Lopez Holdings Corporation](/source/Lopez_Holdings_Corporation) in August 2008.[2]

## MNTC–TMC merger

In November 2016, MNTC shareholders approved its merger with Tollways Management Corporation (TMC), with MNTC as the surviving company. TMC was engaged in the operations and maintenance of tollways, its facilities, interchanges and related works. The shareholders also approved the change of the name of MNTC to NLEX Corporation.[3] The [SEC](/source/Securities_and_Exchange_Commission_(Philippines)) approved the name change on February 13, 2017. The MNTC and NLEX Corporation logos and names were concurrently used from 2017 to 2018.[4]

## Basketball teams

- [NLEX Road Warriors](/source/NLEX_Road_Warriors) ([Philippine Basketball Association](/source/Philippine_Basketball_Association))

- [NLEX Road Warriors (PBA D-League)](/source/NLEX_Road_Warriors_(PBA_D-League))

- NLEX ([Pilipinas Commercial Basketball League](/source/Pilipinas_Commercial_Basketball_League))

## References

1. **[^](#cite_ref-1)** [*2 nasawi, 3 sugatan sa pagbagsak ng steel girder sa ginagawang tulay sa Subic*](https://www.youtube.com/watch?v=XasmIhBHPe8&t=30s) (in Tagalog). Philippines: People's Television Network. October 14, 2020. Retrieved June 24, 2023.

1. **[^](#cite_ref-2)** ["Metro Pacific buys Philippines toll road"](http://www.financeasia.com/News/119033,metro-pacific-buys-philippines-toll-road.aspx). *Financeasia.com*. Retrieved October 22, 2018.

1. **[^](#cite_ref-3)** [\[1\]](http://www.philstar.com:8080/business/2016/11/23/1646387/stockholders-ok-mntc-tmc-merger) [*[dead link](https://en.wikipedia.org/wiki/Wikipedia:Link_rot)*]

1. **[^](#cite_ref-4)** ["SEC Form 17-C"](http://www.pds.com.ph/wp-content/uploads/2017/02/Disclosure-No.-342-2017-Amendment-of-AOI.pdf) (PDF). *Pds.com.ph*. Retrieved October 22, 2018.

## External links

- [NLEX Corporation](https://nlex.com.ph)

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