OCTOBER 2011 www.lopezlink.ph Meet the Lopez Group’s ‘giving dozen’ Story on page 9 Gunning for Guinness 11.20.2011 Run for the Pasig River aims for two-peat! Story on page 8. http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph 1961 1989 2001 2007 2010 Braving new FIRST Philippine Holdings Corporation (FPH) turned a venerable 50 in June this year, and the celebration is far from over. horizons On September 21, 2011, chairman Federico R. Lopez (FRL) and chairman emeritus Oscar M. Lopez (OML) waxed nostalgic at the company’s appreciation cocktails held at the Makati Shangri-La. At the same time, the evening’s theme—“Braving New Horizons”—served notice that FPH was looking ahead to the next 50 years even as it reflected on the past 50. Turn to page 6 The ‘Biggest Loser’ One-of-a-kind finds finale this October! at Power Plant Mall 2010 Business Excellence …page 4 …page 12 Awards winners …page 2 Lopezlink October 2011 BIZ NEWS NEWS Lopezlink October 2011 BIZ EXCELLENCE EDC bags prestigious IFC Asian Eye is top Nine teams win LAAs Client Leadership Award PH eye center THE International Finance projects on health, education the Top Eye Center brand of Corporation (IFC) selected and livelihood. choice of consumers, besting Energy Development Corpo- “This is indeed a solid tes- 43 others. ration (EDC) as this year’s re- tament to our groundbreak- Asian Eye, which marked cipient of the prestigious Client ing and sustainable efforts to its 10th anniversary in Sep- Leadership Award, citing the achieve development in our tember, also received the high- geothermal leader’s exemplary host sites where we serve 43 est overall Trusted Brand rat- accomplishments in opera- villages and 18,000 house- ing, including values covering tional excellence, sustainability, holds,” EDC president and trustworthiness, credibility, environmental management, COO Richard Tantoco said. quality, value, understanding social responsibility and corpo- “By integrating our business (L-R) Power Plant Mall vice president-general manager Malou Pineda, Rockwell Club director Harry Liu, Amb. Manuel M. Lopez, Minister and of customer needs and innova- Deputy Chief of Missions Motohiko Kato, Rockwell Club director Miguel L. Lopez, Rockwell Club vice president-general manager JP Masakayan rate governance. with the development needs tion. FPH chairman Federico R. Lopez, ABS-CBN chairman Eugenio Lopez III, chairman emeritus Oscar M. IFC gave recognition to of our project areas, we have and membership manager Annabelle Ong during the turnover of Rockwell’s donation EDC president and COO Richard ASIAN Eye Institute was The annual Reader’s Digest Lopez and Lopez Inc. chair Presentacion L. Psinakis with the Kapit Bisig Para sa Ilog Pasig team, whose “On EDC’s pioneering role in de- prospered with our local stake- Tantoco (right) receives the IFC recently awarded the Gold Trusted Brands survey has the Way to cleaning the Pasig River: One Estero at a Time” was one of the awardees under Public Responsibil- veloping and commercializing holders—resulting in smooth Client Leadership award from Trusted Brand 2011 status by been running since 1999 and ity and chosen as the top awardee geothermal energy in the coun- and enhanced operations. We IFC executive vice president and Reader’s Digest. identifies the brands that ap- try and outstanding initiatives are of the firm belief that as the CEO Lars Thunell at a ceremony In a survey of 1,000 re- peal most to a representative in sustainable development. company grows, the communi- Rockwell community in Washington, DC during the spondents conducted in the cross-section of consumers in While pursuing geothermal ties should also prosper and the Annual Meetings of the World Philippines by global mar- Asia. It is a recognized resource leadership, EDC also builds environment continuously pre- Bank Group and the International ket research firm Synovate, for consumer purchasing deci- model communities, pro- served and enhanced….” Monetary Fund Asian Eye was identified as sions. (Reighmond Vencer) motes sustainable reforestation Tantoco received the award comes together to help and biodiversity preservation from IFC executive vice presi- and targets to incentives, and through its greening program dent and CEO Lars Thunell using these business tools to ROCKWELL Land Corpo- Amb. Manuel M. Lopez Rockwell Leisure Club, man- The proceeds were handed BINHI, molds world-class in a ceremony in Washington, impact development. ration in partnership with the witnessed the devastation that aged the participation of the over by Amb. Lopez as well builders through its technical- DC. He also addressed the del- IFC has been a key inves- Bayan reaffirms Japanese Embassy recently the disasters had wrought and Rockwell team from overseas. as representatives of Rockwell vocational school KEITECH, egates of the IFC Workshop tor in the company ever since hosted a community bazaar sought to make it a personal Entitled “Love Japan,” pro- to Minister Motohiko Kato of and enhances the living condi- on the Institutional Develop- privatization in 2006 and con- and celebrity auction at the cause to help with rebuilding. ceeds of the celebrity bazaar the Japanese Embassy at Chef Rockwell Tent to help raise The ambassador, who chairs and auction went to the Japa- Jessie’s at the Rockwell Club. The EDC-Bacman Community Partnerships Department (above) and the KEITECH team (below), winners tions and well-being of its host ment Goals and shared EDC’s tinues to maintain a stake in commitment to funds for Japan. both Rockwell Land and nese Embassy. (Aissa Rivera) under the Public Responsibility category, with FRL and EDC president Ricky Tantoco and retired CEO Paul communities through its CSR experience in linking strategies EDC. (Toni Nieva) Aquino Lopez Holdings tender offer for EV market BAYAN strengthened its the local Gawad Kalinga. Bayan Business gets UK market leadership position Aguado said the company unrestructured debt ends in Eastern Visayas with a re- believes in the potential of the LOPEZ Holdings Corporation mercial Papers (LTCPs) issued Communications Group, LLC gional marketing campaign Eastern Visayas region and is standards body seal of approval announced the expiration of its on September 17, 1996 and served as the information and that aims to showcase the committed to help sustain and tender offer for unrestructured October 1, 1996. In conjunction tender agent for the Eurobonds. company’s commitment to the grow its local market position. BAYAN Business, the corpo- of organizations develop per- 40,000 organizations world- service possible for their cli- debt, which gave creditors the with the offer to purchase the An aggregate principal local market and contribute to Bayan’s management com- rate and business unit of Bayan, formance through their people wide that have adopted the ents. opportunity to sell approxi- LTCPs, the company undertook amount of $13.966M of the Eu- the economic development of mittee participated in the ini- became the first telco player in by providing tailored assess- internationally-recognized “This recognition ultimately mately $41 million back to the a consent solicitation for pro- robonds, representing approxi- the region. tial run of Bida Ka Sa Bayan, the country to be recognized ments designed to support standard. In the Philippines benefits our clients,” he said. company at full face value. posed amendments to the trust mately 71% of the outstanding Top Bayan management which is planned to be repli- the prestigious UK-based In- organizations in planning, there are about 20 companies Bayan Business special- Lopez Holdings offered to agreement dated September 12, Eurobonds, was validly tendered headed by chief operating cated in other local markets of vestors in People (IiP). implementing and evaluating and organizations that have izes in providing services and purchase for cash at their par 1996 covering the LTCPs. and not validly withdrawn, all of officer Rafael Aguado led Bayan throughout the country. IiP is the UK’s leading effective strategies. been IiP-certified. solutions to its corporate, busi- the kickoff of the campaign Their activities included an NINE teams reaped the reward tion Loss Amounting to P1.5B hours without lost time due to value, any and all of its out- The offer to purchase the which have been accepted for people management standard The IiP recognition was Group head Chito Franco ness, industry and small- and dubbed Bida Ka Sa Bayan, a appreciation meeting with top for their excellent work over the with the Provisional Operation accidents); Southern Negros standing $150,000,000 7.875% Eurobonds began on August 2, purchase by Lopez Holdings. group aimed at helping im- awarded during the general said the recognition shows medium-enterprise clients caravan activity that features customers and clients, and an past year, scooping up trophies of T/G Unit No.1 was the lone Geothermal Production Field, Notes (Eurobonds) due 2002 2011 and expired on Septem- The offer to purchase the prove business performance. membership meeting of the that Bayan Business is pro- with client services such as IP in the Lopez Group Business winner in the Operations Man- issued on June 19, 1997, and ber 1, 2011. ING Bank acted as LTCPs and the consent solicita- market selling initiatives, a employee appreciation and It offers business improvement People Management Associa- viding the right development services, data services, voice, Turn to page 5 Excellence Awards held at the agement category. Series A-2 Long Term Com- dealer manager, and Bondholder tion began on August 3, 2011 and customer reward and recogni- recognition program. (Red Sa- tools designed to help all kinds tion of the Philippines. Bayan for the people in its team value-added services and man- Rockwell Tent, Makati on Sep- In the Corporate Image- expired on September 1, 2011. tion program and a donation to mar) joins the list of the more than which translates to the best aged services.