Panizales is an incoming BPI vice president

ALTUS Property Ventures Inc. (APVI) has 100 million outstanding common shares, according to the company’s public ownership report (POR) as of Jan. 17, 2022, which are listed at the Philippine Stock Exchange (PSE). The bourse also said its chairman is Lance Y. Gokongwei of the seven-man board. Frederick D. Go is both director and president and chief executive officer. The POR listed the seven directors as direct holders of a total of 31,041 common shares, or 0.03 percent, including Faraday D, Go, Corazon L. Ang Ley, Maynard S. Ngu, Martin Q. Dy Buncio, and Jean Henri Laurel as direct holders one common share of APVI.

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Mark Launcel Paderna Panizales is a vice president of the Bank of Philippine Island (BPI), which has 4,513,128,255 outstanding common shares, according to the Philippine Stock Exchange of which 21,128 BPI common shares, were issued to Panizares.

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Lance Gokongwei is the chairman while James Go is the vice chairman of the nine-man board of Robinsons Retail Holdings Inc. (RRHI), according to the PSE. The other directors are Robina Y. Gokongwei Pe, Ian McLeod and Choo Peng Chee. RRHI also has independent directors: Rodolfo P. Ang, Antonio L. Go, Cirilo P. Noel, and Roberto R. Romulo.

RRHI is engaged in share buyback transactions. The last time was on Jan. 31, 2022 when it bought back 1,250 at P58 each. The buyback totaled 620,320 RRHI common shares, or 0.041 percent of 1,508,687,460 outstanding common shares,.

***** Andrew L. Tan is the chairman of the seven-man board, who was elected on June 8, 2021, along with the other directors, Anthony Charlemagne C. Yu, Enrique Santos L. Sy, Evelyn G. Cacho, and Kervin Andrew L. Tan. They were present in 16 of 16 board meetings. *****

ACE Enerox Inc. (ACEx) has 250,000,001 outstanding common shares, with P1 par value according to its public ownership report (POR) as of Jan. 18, 2022. Seven of nine directors of ACEx directly holds a nominal common share each. They are John Eric Francia, Jaime Z. Urquijo, and Jaime Zobel E. de Ayala. The others and their ownerships ACEx common shares are Raymundo A. Reyes Jr., according to an ACEx POR are 35,428 common shares (indirect), or 0.01 percent; Ma. Aurora D. Geotina, 601 common shares; Alberto A. Lim, 5,075 common shares; and Mario V. Paner, 1,001 common shares. The nine directors own 82 common ACEX shares (direct) and 42,028 common shares, which was taken from indirectly owned 35,428 common shares, which the POR attributed to Reyes. The POR attributed to the public as holders of 59,226,696 ACEx common shares.

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AC Energy Corp. (ACEN) approved on Oct. 21, 2021 the board’s agenda for 2021: The Pathway to Recovery through Ayala Integrated Corporate Governance, Risk Management and Sustainability Summit. The participants are Fernado M. Zobel de Ayala, chairman; Jaime Augusto M. Zobel de Ayala, John Eric T. Francia, Jose Rene Gregory D. Almendras, Cezar P. Consing, Nicole Goh Phaik Khim, John Philip S. Orbeta, Consuelo D. Garcia, Ma. Aurora D. Geotina-Garcia, Sherisa P. Nuesa, Melinda L. Ocampo, Maria Corazon G. Dizon, Solomon M. Hermosura, Dodgie D. Lagazo, Alan T. Escalon, Jose Maria Eduardo P. Zabaleta, Roman Miguel G. de Jesus, Irene S. Maranan, Ronald F. Cuadro, and Henry T. Gomez Jr.

Why did 20 executives attend ACEN’s approved-board summit? Just asking.