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United Industrial Corporation

JG Summit Holdings, Inc is one of the largest conglomerates in the Philippines that is owned by is John Gokongwei. It started in 1957 as Universal Corn Products, Inc. (now Universal Robina Corporation) which operated cornstarch plant in Manila. Since then, JG Summit has expanded and invested in other business interest such as air transportation, banking, food manufacturing, hotels, petrochemicals, power generation, publishing, real estate and property development, and telecommunications.

The six major core businesses of JG Summit conglomerate which reflects its brand are Universal Robina Corporation for branded consumer, agro-industrial and commodity food products; Robinsons Land Corporation for real estate and property development. Philippine Long Distance Telephone Company for telecommunications; JG Summit Petrochemicals Corporation and and JG Summit Olefins for petrochemicals; Cebu Air, Inc. for air transportation services Robinsons Bank Corporation for financial services. Incidentally, the conglomerate is also a stakeholder in Meralco, main electric distribution company in the Philippines.

For real estate and property development, JG Summit Holdings, Inc is also the biggest individual shareholder of United Industrial Corporation Limited (UIC), a Singapore listed company, which is one of the major real estate developer in Singapore. Among the most renowned properties and landmarks under UIC included the UIC Building, Singapore Land Tower, SGX CENTRE, The Gateway, Stamford Court, Marina Square, a massive shopping and hotel complex in the Marina Bay, and West Mall, a suburban shopping complex. UIC also has major residential projects such as The Belleforte, The Paterson, and Stevens Loft in prime Orchard Road, as well as One Amber and Grand Duchess at St. Patrick’s in the popular East coast area. It also has property investments in China (Beijing, Chengdu and Hong Kong).

United Industrial Corporation – JG Summit Holdings is located at 42/F Robinsons Equitable Tower ADB Ave. cor. Poveda Rd. Ortigas Center, Pasig City, Philippines Trunk Line: +63.26337631 to 40.

Originally posted 2014-07-07 10:13:05.

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