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Metro Global Holdings Corporation (the “Company”) was incorporated as San Jose Oil Company, Inc. on September 17, 1954 and was listed on the Philippine Stock Exchange (PSE) on May 4, 1964 as an oil exploration company and was reorganized in 1996 into a corporate vehicle that will pursue infrastructure-related investments and was renamed Fil-Estate Corporation...

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The Securities and Exchange Commission (SEC) has approved Metro Global Holdings Corp.'s capital stock hike to P5.0 billion, paving the way for a share offering to fund renewable energy projects. Metro Global, said the corporate regulator had greenlit the capital stock increase from P2.0 billion to P5.0 billion and a change in its primary purpose to include investment in solar, wind and other renewable energy businesses.