Lopez Holdings CorporationAssociates of Lopez Holdings Corporation remain in investment mode as operating units expand offerings to meet the demands of a growing economy. Lopez Holdings owns 46% of First Philippine Holdings Corporation (FPH) and holds a 56% economic interest in ABS-CBN Corporation.

FPH associates First Gen Corporation and Energy Development Corporation are strengthening their portfolio of clean, indigenous and/or renewable power generating assets. First Gen’s fast-track Avion power plant is expected to begin operations within 2015.

ABS-CBN is pioneering digital terrestrial television services through its branded ABS-CBN TVplus. It is carving its own niche in the competitive mobile phone market through its catch-up viewing and exclusive original content on iWantv, made available through ABS-CBNmobile.

In his report to shareholders, Lopez Holdings president Salvador G. Tirona said the company continues to provide support to associated companies as they “pursue sustainable strategic initiatives aligned with our mission to improve the lives of our fellow Filipinos.”

Lopez Holdings announced a P0.10 per share cash dividend to be paid on June 27 to stockholders as of the record date, June 15. Lopez Holdings began paying out annual dividends in 2011. (Story/Photo by: Carla Paras- Sison)