REPUBLIC GLASS HOLDINGS CORPORATION - Manila, Philippines

Republic Glass Holdings Corporation (REG) was originally incorporated in 1956 as Republic Glass Corporation (RGC) and manufactured and supplied flat glass for several decades. RGC began a pioneering venture in the manufacture of flat glass to save valuable foreign exchange through import substitution. In 1990, RGC spun off its glass operations to form Republic-Asahi Glass Corporation in a joint-venture with Asahi Glass Company Ltd. of Japan, and became a purely holding company under the name Republic Glass Holdings Corporation. In 2001, REG sold its shares of stock in Republic-Asahi Glass Corporation and Republic-Asahi Realty Corporation to Asahi Glass Company Ltd. of Japan and Casa Del Sol Corporation, respectively. Since then, REG had been engaged primarily in investment holding  

Show more

activities. At present, REG's activities are focused on the purchase and sale of government and corporate investment grade bonds and money market placements. The company invested in Universal LRT Corporation through Hollington Management Limited, a company incorporated in 2006. In 2008, REG invested in Stradcom Corporation, a company which is the exclusive information technology service provider under the Land Transportation Office (LTO) Information Technology Project Build-Own-Operate Agreement with the Republic of the Philippines through the Department of Transportation and Communications-LTO (DOTC-LTO) for the computerization of the motor vehicle registration and driver's license issuance process, the first 10-year period of which shall end on February 8, 2013 and shall be renewable for another four 10-year periods at the option of the DOTC-LTO. REG continues to receive investment proposals and will continue to monitor and consider each proposal with the end in view of enhancing shareholder value. REG's subsidiaries consist of RGC Investment Corporation, RGC Mining and Mineral Corporation, RGC Marine Transport Corporation, and Hollington Management Limited. Source: SEC Form 17-A (2008)