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GT Capital to expand to healthcare, renewable energy

By: Catherine Cueto

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THE Ty family business GT Capital Holdings Inc., said that they are looking to expand their business portfolio which is outside of their five core segments so as to include healthcare and renewable energy.

 

According to GT Capital senior vice president and head for investor relations Jose Crisol Jr. they are looking at going beyond their current portfolio, which covers banking, automotive, property development, life and general insurance, and infrastructure and utilities.

 

“We are looking into the next decade of GT Capital as a listed company, sort of a GTCap 2.0 if you will,” he said.

 

“What we have done is look into sectors that fit our business strategy, and what is that? It’s mainly establishing strategic partnerships, servicing underpenetrated sectors, owning the majority of the venture, and having dominance,” he added.

 

Among GT Capital’s subsidiaries include Federal Land Inc., Toyota Motor Philippines Corp., Toyota Manila Bay Corp., and GT Capital Auto Dealership Holdings Inc.

 

They likewise have shareholdings in Metropolitan Bank & Trust Co. (Metrobank), Metro Pacific Investments Corp., Philippine AXA Life Insurance Corp., Toyota Financial Services Philippines Corp., and Sumisho Motor Finance Corp.

 

Crisol said that among the sectors, they are beefing up their healthcare space, with GT Capital already holding interests in the Manila Doctors Hospital through the Metrobank Foundation.