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July 2020 the Good Fight

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July 2020 the Good Fight JULY 2020 A monthly publication of the Lopez group of companies www.lopezlink.ph http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph The good fightStory on page 4 LGFI project springs Classics, docus & Ready to work with gov’t …page 7 …page 8 …page 3 back to life more on iWant title …page 8 2 Lopezlink July 2020 BIZ NEWS CORPORATE SUSTAINABILITY Lopezlink July 2020 3 KKR acquires stake in First Gen ‘Pantawid ng Pag-ibig’ serves EDC helps Samar municipality Knowledge Channel ready to work over 820K families including most affected by COVID-19 with gov’t in distance learning through voluntary tender offer By Frances Ariola GLOBAL investment firm value of P9.6 billion ($192.2 quite honored of the confidence AS the government shifts to for the school year and can easily drivers, PWDs and IPs ENERGY Development Cor- identified by the Department April 29, 2020 to prevent the KKR on June 29 announced million). they have in our country, our distance learning due to the develop the remaining 50%. poration (EDC) extended assis- of Health as the most affected local transmission of the virus in that following the completion David Luboff, partner and company, our management and COVID-19 pandemic, Knowl- Knowledge Channel’s meth- ABS-CBN Foundation Inc.’s received by 1,000 tance to a fourth-class munici- by the COVID-19 outbreak in the community. Given its mini- of the voluntary tender offer head of Asia Pacific infrastruc- the strategic choices we’ve made edge Channel is ready to share od of using TV technology has (AFI) “Pantawid ng Pag-ibig: PWDs and their pality in the province of Samar Eastern Visayas, with nine ac- mal resources as a fourth-class period by Valorous Asia Hold- ture at KKR, said: “We are toward clean energy. It’s especial- its video lessons that could proven to improve the perfor- Isang Daan, Isang Pamilya” cam- families under affected by the crisis caused by tive cases and 14 recoveries as of municipality, the town mayor ings, an entity owned by KKR thrilled to make this infrastruc- ly exciting given the accelerating reach as many as 7.6 million mance of children in school. paign continues to provide relief the care of Bigay COVID-19. May 26, 2020. has been requesting and accept- investment funds, Valorous has ture investment in the Philip- transition we all need to make students. Studies conducted by the De to Filipinos in need during the Buhay Multipur- EDC’s Leyte corporate so- “EDC has decided to extend ing all kinds of help to aid his accepted all of the 427,041,291 pines in First Gen. We have toward a decarbonized future “Knowledge Channel is pre- La Salle University Lasallian community quarantine including pose Cooperative cial responsibility (CSR) head help to the municipality even if constituents,” Magallanes said. common shares of First Gen long viewed First Gen as an ex- and we look forward to engaging pared to work with the gov- Institute for Development and members of the transport sector, in Caloocan and Erwin Magallanes said the the location is very far from our He noted that an estimated Corporation that were tendered ceptional business with a high- with a world-class global investor ernment. We have created and Educational Research and the persons with disability (PWDs) 322 families with company, led by its crisis man- site in Ormoc City and Kanan- 500 families benefited from by shareholders at the close of caliber leadership team, and we such as KKR as we navigate the acquired more than a thousand University of the Philippines and indigenous peoples (IPs). PWD members agement and CSR teams, pro- ga town. Tarangnan has been nearly P200,000 worth of dona- the tender offer, representing ap- have great respect for the Lopez journey ahead as partners.” video lessons, all based on the Statistical Center Research Now on its second phase, in Karangalan, Pa- vided assistance to the munici- put on lockdown or enhanced tions to the municipality which proximately 11.9% of First Gen’s family for building this strong, Southeast Asia is a key part K-12 curriculum of the Depart- Foundation’s “Impact Study “Pantawid ng Pag-ibig” delivers sig City under the pality of Tarangnan, which was community quarantine since included some 50 sacks of rice, outstanding common shares. well-established company.” of KKR’s Asia infrastructure ment of Education (DepEd) for the Proficient Measures for food packs directly to commu- care of Kabalikat sa canned goods and bottled wa- Valorous intends to acquire Federico R. Lopez, chairman strategy. Its investment in First and these are ready for use,” Quality Education” revealed that nities as it aims to serve 1 mil- Pag-unlad ng may ter, while 50 frontline workers all of these tendered common and chief executive officer of Gen extends the firm’s track Knowledge Channel Founda- children who were taught using lion families. As of July 1, the mga Kapansanan. benefited from the personal shares at a price of P22.50 First Gen, said: “We welcome the record as an active investor in tion Inc. (KCFI) director for Knowledge Channel video les- campaign has raised over P425 Families in protective equipment donations ($0.45) per common share, news of KKR’s successful ten- Southeast Asia across asset operations Edric Calma said. sons performed better in tests. million and helped more than Aeta communi- such as N95 and surgical masks representing a total investment der for First Gen shares and feel classes. For 21 years, KCFI has de- “Subjects like mathematics 820,000 families since the cam- ties in Tarlac and and Tyvek suits. veloped and acquired multime- and the sciences involve under- KCFI president and executive director paign was launched in March. Pampanga under “Since non-pharmaceuti- dia educational materials that standing of processes and they Rina Lopez Bautista SKYcable, SKY Fiber continue to operate With many public transpor- the care of Iba Re- cal measures like isolation and public schools nationwide, es- need to be visually illustrated tation drivers still unable to settlement Organic Garden As- Jeepney drivers in Quezon City and tightened security on borders are pecially those in remote regions, for kids to understand,” Calma SKY Cable Corporation said James Dumlao, SKY head of past to other companies whose earn a living, AFI distributed sociation, Zambales Cooperative Caloocan were among the recipients imposed on the town to prevent used to enhance teaching and said, adding, “with this kind of KCFI president and execu- its SKYcable and SKY Fiber programming, said. franchises have expired but are food packs to about 730 tricy- Federation and JessMag Aeta of relief goods from ‘Pantawid ng the further spread of the virus, learning. They are aired over curriculum, we need TV.” tive director Rina Lopez Bau- services continue to operate and The company issued the currently pending in Congress cle drivers of ABCMS TODA Community benefited from the Pag-ibig’ we have asked the Philippine Knowledge Channel and used The National Council for tista appealed that KCFI be serve its subscribers nationwide clarification as confusion arose to continue its operations un- of Brgy. Alabang, Muntinlupa goods brought to them through Army to deliver and distribute for instruction by KCFI-trained Children’s Television’s Alice given the chance to share with as they are not covered by the among subscribers as news til a resolution is passed.” and 75 jeepney drivers of UP “Pantawid ng Pag-ibig.” hopes to encourage Filipinos to the assistance to Tarangnan on teachers; they are also designed Pañares said the government is the government its expertise for cease and desist order issued by spread of the NTC’s issuance of SKY also assured its sub- Ikot and Katipunan. Another The campaign also distribut- help in the fight against hunger our behalf. We were informed for home-based learning. faced with the near-impossible the sake of the children. the National Telecommunica- a cease and desist order stopping scribers it will seek available 530 food packs were delivered ed relief goods in Quezon City by donating at least P100 which by the Army that Tarangnan According to Calma, KCFI task of training a 900,000-strong Lopez Bautista said: “We tions Commission (NTC). the operations of SKYdirect, its legal remedies so that it could to families consisting of senior to 1,060 families in Samaritana can feed one family. mayor Arnel Tan and the resi- has developed into video format teaching workforce to teach stu- believe that learning must con- “We wish to reiterate our as- direct broadcast satellite service. bring back SKYdirect’s service. citizens and jeepney and tricy- Transformation Ministries in ABS-CBN and sister com- dents of the municipality were 50% of the most essential learn- dents using media before the tinue for all and that no child surance to our cable and broad- In a statement, SKY ap- The company stressed that it cle drivers of Brgy. 163 in Sta. Novaliches, 275 families in pany First Philippine Holdings very thankful for the donation ing competencies, or MELC, August opening of classes. should be left behind. We ap- band subscribers that they will pealed to the NTC “to extend will attend to the concerns of sub- Quiteria, Caloocan. Brgy. Bahay Toro and 1,150 Corporation contributed P100 EDC’s donations were turned over to Tarangnan by the Philippine Army of EDC,” Magallanes said. that DepEd requires to be taught She suggested that Knowl- peal to our lawmakers and the continue to enjoy our services,” the same privilege given in the scribers, including the refund of “Pantawid ng Pag-ibig” also families in Brgy.
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