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Ayala is the holding company for its business interests held under various operating subsidiaries and affiliates. Ayala maintains a leading presence in real estate development, financial services, telecommunications, water infrastructure development and management, electronics manufacturing services, automotive dealerships, technology-related investments, and overseas real estate investments. The company was founded in March 1834 and incorporated in September 1968.
Ayala’s Board of Directors is the highest authority in matters of governance and management of the company. Ayala’s management is primarily accountable to the Board for the company’s operations. It sets targets and formulates strategies for achieving these targets.
The company is listed in the Philippine Stock Exchange since November 8, 1976. As of February 19, 2007, it has approximately 8,078 shareholders, 85% of which hold between 1 and 1,000 shares. Foreign investors hold 33.34% of both outstanding common and preferred B shares. This includes the 10.58% ownership of Mitsubishi Corporation.
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