Olongapo SubicBay BatangGapo Newscenter

Friday, June 30, 2006

AEV presents businesses to Manila investment cos.

Twenty-two fund managers from several Manila-based investment houses recently converged at the Casino Espanol de Cebu to attend a special briefing on Aboitiz Equity Ventures’ (AEV’s) businesses and investment opportunities.

AEV chief operating officer Erramon Aboitiz, who gave a brief history of the company and an overview of its businesses, also shared AEV’s business and growth strategies with emphasis on power and banking.

Power group

Subic EnerZone Corp. president Jimmy Aboitiz talked about the success story of AEV’s distribution utility in the Freeport Zone.

Davao Light and Power Co. and Visayan Electric Co. chief operating officer Alfonso Aboitiz presented Aboitiz Power’s distribution business, focusing on his experience with the country’s second and third largest utilities.

Also present at the briefing were AEV president and chief executive officer (CEO) Jon Ramon Aboitiz, AEV first vice president Luis Miguel Aboitiz, Pilmico Foods Corp. president and CEO Antonio Moraza and AEV senior vice president electricity regulatory affairs Cholo Bernad.

The presentations were well received by fund managers from ATR-Kim Eng, AIG, Asia United Bank, BDO Trust, ING Asset Management, Malayan, Metrobank Trust, MFCP, RCBC Trust and SMC-RET. (PR - Sun Star)

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