Pangilinan chairs the Philippine Long Distance

Telephone Company (PLDT) which at the close of

2013 remained the most valuable company in the
Philippines with a market capitalization of PHP
575.14 Billion or some. USD12.8 Billion. Pangilinan
is himself more popularly known by his initials MVP,
adding mystique to his already established reputation
as tycoon, sports patron, and Philippine civic leader.
Pangilinan founded First Pacific in 1981 and served
as its Managing Director until 1999. He was
appointed as Executive Chairman until June 2003,
when he was named CEO and Managing Director.
Within the First Pacific Group, he holds the positions
of President Commissioner of P.T. Indofood Sukses
Makmur Tbk, the largest food company in Indonesia.
He was named Chairman of Philippine Long Distance
Telephone Company (PLDT), after serving as its
President and CEO until February 2004.
Because of the nature of MPIC as an infrastructure
development company under First Pacific Company
Limited and based in the Philippines, many of
Pangilinan's investments have to do with the
management and operation of some of the country's
important utilities that includes Meralco (Electric
Distribution), Maynilad (Water) and Manila North
Tollways Corp.
Pangilinan's MPIC earlier obtained control of the
Manila Metro Rail Transit System
[4]
and set some
$350 million budget for an upgrade plan. Such plan
is however pending given uncertainties in
government policies over the privatization of the
mass transit line.



Born


Manuel Vlez Pangilinan
July 14, 1946 (age 67)
Manila, Philippines
Occupation






Chairman, PLDT-Smart
ABC Development
Corporation (TV5)
Cignal Digital TV
Philex Mining
Meralco
MPIC



Net worth



$508M
By Marna Dagumboy-del Rosario
Headline Gitnang Luzon
MVP wants
to venture
into
Pampanga
agri business


CITY OF SAN FERNANDO -- Business tycoon
Manny V. Pangilinan is planning to venture into
the agriculture business here in Pampanga by
using improved utilities for commercial farmers.
He confirmed this during an interview at the
annual PLDT Stockholders's Meeting over the
week.




Pangilinan said he is planning to look for at least
10,000 hectares of rice field as initial investment.
At present Pangilinan is leasing some 300,000
hectares of land in Indonesia for commercial
farming.
He said with the expansion of North Luzon
Expressway (NLEx), Pampanga has to find



commercial reasons for agri business to fluorish.
Pangilian also furthered that farming with
improved utilities will boost agriculture products
which are indigenous to the province.
He also said Pampanga shold not just be an agri
center, but also a medical, educational and
sports hub.