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Metro Global Holdings Corporation (MGH) was recognized for its corporate governance excellence and named as one of the top-performing Philippine publicly listed companies (PLCs) based on the 2023 ASEAN Corporate Governance Scorecard (ACGS) by the Institute of Corporate Directors. MGH received the 1-Golden Arrow recognition at the 2024 ACGS Golden Arrow Awards Night at Manila Marriot Hotel last September 19, 2024.
Company Recognized with Golden Arrow Award by ASEAN Corporate Governance Scorecard
June 2024
We are proud to announce that Metro Global Holdings Corporation has been recognized as a Golden Arrow awardee by the ASEAN Corporate Governance Scorecard this year. This prestigious award was presented by the Institute of Corporate Directors of the Philippines.
The Golden Arrow Award signifies our commitment to excellence in corporate governance and our dedication to upholding the highest standards of transparency, accountability, and ethical practices. This recognition reflects our ongoing efforts to create value for our stakeholders and maintain trust in our corporate governance practices.
We would like to thank all our team members for their hard work and dedication, which have made this achievement possible. We are committed to continuing our journey towards even greater corporate governance standards in the future.
For more details on the award, please click the link here or visit the Institute of Corporate Directors website for more information.
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.
Postponement of Annual Stockholders’ Meeting. As is of public knowledge, there was a COVID surge in January and February of 2022 which forced our offices to lockdown as well as of its accountants, auditors, corporate secretaries and third parties with whom the Corporation had transactions requiring disclosures in the Corporation’s audited financial statements.
Securities and Exchange Commission has approved the application of Metro Global Holdings Corporation (MGHC) for Confirmation of Valuation of the advances of P200M as payment for the additional subscription of Fil-Estate Management, Inc.
In compliance with the Commission's Memorandum Circular No. 20, Series of 2013, directors and officers of Metro Global Holdings Corporation (MGHC) have completed the Corporate Governance Seminar conducted by SGV & Co. last 15 August 2014.