1993 • Incorporated to serve as the holding company for the Lopez family’s investments
1994 •
First Philippine Infrastructure Development Corporation (FPIDC) is organized as the vehicle for investments in Manila North Tollways Corporation (MNTC), a joint venture with Philippine National Construction Corporation and Egis Projects S.A.
•
Maynilad Water Services Inc., a joint venture with Suez Lyonnaise des Eaux, (now Ondeo), is established to operate and manage the water and wastewater services of western Metro Manila
First Gas Holdings Corporation1995 • Rockwell Land Corporation develops Rockwell Center in Makati
• First Gas Holdings Corporation, a joint venture with British Gas plc, is formed.
1996 • First Philippine Industrial Park, a joint venture with Sumitomo Corporation of Japan, is formed to develop a modern industrial park in Batangas
First Philippine Industrial Park 1997 • First Holdings forms First Philippine Pipeline Inc.; First Philippine Balfour Beatty Inc., with Balfour Beatty, Ltd. of UK; and First Philippine Union Fenosa, with Union Fenosa of Spain
1999 • First Gen is established to consolidate the Group’s interests in power generation
Sky Cable2001 • A master consolidation agreement is signed between the PLDT Group and Benpres Holdings for the consolidation of their interests in Home Cable and Sky Vision (SKYCable) in Beyond Cable
2004 • The Pasig Regional Trial Court approves Bayan’s financial rehabilitation
2005 • Commercial operations of MNTC begin. Tollways Management Corporation, a wholly owned MNTC subsidiary, is contracted to manage and operate the North Luzon Expressway
2006 • Exits from Maynilad, removing $150 million of guaranteed debt
2007 • Transfers interests in FPIDC to publicly listed Philippine Infrastructure Inc. (FPII)
2008 • With First Holdings, sells combined stakes in FPII to Metro Pacific Investments Corp.
Hydro Plant2009 • Buys back $260M of debt from the Avenue Capital Group, reducing outstanding debt to $70M
• Sells entire 24.5% stake in Rockwell Land to First Holdings and shares held in Digital Telecommunications
• First Gen wins the bid for the government’s 60% stake in PNOC-EDC
2010 • Corporate name change to Lopez Holdings Corporation is approved
• Receives SEC approval for an equity restructuring, which reduces the audited December 31, 2009 accumulated losses by P6.76B to P937B
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