GT Capital

GT Capital Holdings Inc. (GTCAP) is a Philippine holding company founded by George Ty and now owned by his family.[1][2][3]

Formation

Established on June 26, 2007, GT Capital has business interests in auto dealership, banking, insurance, power, and real estate.[1][4][5] On April 20, 2012, it debuted in the Philippine Stock Exchange with an initial public offering (IPO) of 47.4 million shares with additional 6 million shares earmarked for over-allotment.[6][7]

Subsidiaries

Financial

  • Metropolitan Bank and Trust Company (Metrobank)
  • Sumisho Motor Finance Corporation
  • Philippine AXA Life Insurance Corporation

Manufacturing and automotive

  • Toyota Motor Philippines Corp. (51%)
  • Toyota Manila Bay Corp.
  • GT Capital Auto Dealership Holdings Inc.
  • Toyota Financial Services Philippines Corporation

Real estate

  • Federal Land Inc.
  • Horizon Land Property Development Corporation
  • Grand Hyatt Manila
  • Marco Polo Plaza Cebu
  • Property Company of Friends Inc.

Others

References: [1][4][8]

Viva Entertainment (3.96%)

  • Metro Pacific Investments Corporation (15.6%)

References

  1. GT Capital gears for entry into used vehicle business philstar.com, retrieved 2019-07-27^
  2. GT Capital Holdings Inc bloomberg.com, retrieved 2019-07-27^
  3. Iris Gonzales. GT Capital, SM team up for upscale Makati condo philstar.com, 2019-06-28, retrieved 2019-07-27^
  4. Company Information: GT Capital Holdings, Inc. edge.pse.com.ph, retrieved 2019-07-27^
  5. GT Capital Holdings on the Forbes Asia's Fab 50 Companies List Forbes, retrieved 2019-07-27^
  6. Ty's GT Capital jumps on market debut ABS-CBN News, 20 April 2012, retrieved 2019-07-27^
  7. Katherine Visconti. 1st IPO of 2012: What you need to know about GT Capital Rappler, retrieved 2019-07-27^
  8. Neil Charm. GT Capital earnings slide in Q1 14 May 2019, retrieved 2019-07-27^