JG Summit Holdings, Inc. Announces Executive Changes
May 29, 2018 at 05:26 am IST
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JG Summit Holdings, Inc. announced that Mr. Aloysius B. Colayco was appointed as a member of the Advisory Board of the company. Mr. Antonio L. Go was appointed Chairman of the Audit Committee and Mr. James L. Go was appointed Chairman of the Corporate Governance Committee and of the Board Risk Oversight Committee. Mr. Jose T. Pardo, Mr. Renato T. De Guzman and Mr. Antonio L. Go are the independent directors of the company. Mr. Cirilo P. Noel and Mr. Antonio L. Go, the newly elected directors of the company.
JG Summit Holdings, Inc. is a holding company for a group of companies with substantial business interests in branded consumer foods, agro-industrial and commodity food products, real estate and hotel, air transportation, banking and financial services, and petrochemicals. It also has core investments in telecommunications and power generation and distribution. The Foods, Agro-Industrial and Commodities businesses segment is engaged in manufacturing and distribution of a diverse mix of salty snacks, chocolates, candies, biscuits, bakery products, beverages and others. The Air Transportation segment include air transport services, both domestic and international, for passengers and cargos, and line and light maintenance services. The Petrochemicals segment is a manufacturer of polyethylene (PE), polypropylene (PP), polymer grade ethylene, polymer grade propylene, partially hydrogenated pyrolysis gasoline, pyrolysis fuel oil, aromatics, butadiene and liquefied petroleum gas (LPG).