JG Summit appoints Lance Gokongwei as CEO;  THE management changes in JG Summit Holdings, Inc., owned by the country’s second richest man John L. Gokongwei, Jr., continue following the appointment of the first non-family member to head its food and beverage unit. In a disclosure to the stock exchange on Thursday, JG Summit said the holding firm named its president Lance Y. Gokongwei as the company’s chief executive officer, a position previously held by Chairman James L. Go.  “This is part of the group’s succession planning as well as reflection of their adherence to Chinese tradition regarding the first-born son,” PNB Securities President Manuel Antonio G. Lisbona said in a mobile phone message. Read More



John Gokongwei Jr., a tycoon who built a thriving consumer business across Asia-Pacific and helped make telecom and airline services more affordable in the Philippines, passed away peacefully on Saturday evening “surrounded by his loved ones.” “Our beloved husband, father and grandfather John Gokongwei, Jr. passed away peacefully 1141 pm, November 9th at the Manila Doctor’s Hospital surrounded by his loved ones,” his son Lance said in a mobile phone message. The nation mourns the passing of Gokongwei Jr., whose life has been hailed as one of the most iconic stories of business successes—how a poor boy rose to the very top through entrepreneurship, hard work, creativity, and passion. He has served as a role model for the many aspiring entrepreneurs in the country. ABOUT HIS STORY


  • His companies valuation are good
  • Reasonable Price & great for Value Investing
  • None of his companies that he have created are penny stocks

Learn more about how to invest in his companies:  REGISTER HERE

Article by: Ashok MBA – Strategic Coach & Mentor for Stocks Traders


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