4 months Foreigners dominate Holcim’s 6-man board Manilatimes |Biz
EMETERIO SD. PEREZAt 10 a.m. on May 24, 2019, the public stockholders of Holcim Philippines Inc. (HPI) will meet their six-man board when they and the company’s foreign owners hold their annual meeting at Marquis Events Place, Rizal Drive, Bonifacio Global City in Taguig City. Although they don’t elect or nominate their own directors, they should know the companies behind Holcim. Holcim is owned by foreigners. It listed Union Cement Holdings Corp. as holder of 3.906 billion HPI common shares, which were then — and still are — equivalent to 60.55 percent, according to Holcim’s preliminary information statement (PIS). ... more