For the information and guidance of all
concerned, attached is the list of companies and corporations submitted
by the Committee on Privatization pursuant to Memorandum Circular No.
42 dated November 16, 1987.
The resignation of the Chairmen, Directors and Heads of Companies
mentioned in the said list may be forwarded to the Office of the
President as soon as possible.
This Memorandum Circular takes effect immediately.
Manila, December 10, 1987.
ANNEX
LIST OF COMPANIES & CORPORATIONS COVERED BY MEMORANDUM CIRCULAR NO.
42
1.
Agro-Livestock Commercial Development Corp.
2. APO
Production Unit Inc.
3. Apparel
Worldwide
4. Asia
Goodwill Fishing Corp.
5. Asia
Industries, Inc.
6. Asiatic
Integrated
7. Associated
Bank
8. Bagong
Bayan Corporation
9. Basin
Dredging and Dev't. Corp.
10 Batangas
Land Co. Inc.
11. Beta
Electric Corporation
12. Bicolandia
Sugar Development Corporation
13. Bislig
Coal Corp.
14. Builder's
Brick, Inc.
15. Cagayan
Sugar Corporation
16. Carmona
Woodworking Industries, Inc.
17. Carruf
Development Corporation
18. Central
Azucarera de Pilar
19. Commercial
Bank of Manila
20.
Continental Manufacturing Corporation
21. Davao
Agri-Business Development Corporation, Inc.
22. Davao
Equipment Manufacturing Corp.
23. Diamond
Seafoods Corporation
24. Eastern
Visayas Agricultural Projects, Inc.
25. Emmanuel
Community Hospital
26. Energy
Supply Base, Inc.
27. Filoil
Industrial Estates, Inc.
28. Filoil
Refinery Corporation
29. First
Chicago Leasing & Equipment Credit Corp.
30. Food
Terminal, Inc.
31. Furniture
Mfg. Corp.
32. Gasifier
Equipment Mfg. Corp.
33. GY Real
Estate, Inc.
34. Hilongos
Development Corporation
35. Hotel
Enterprises of the Phil. Inc.
36. INCA
Coffee Estate Corp.
37. Integrated
Feed Mills Corp.
38.
International Corporate Bank
39.
Inter-Island Gas Service, Inc.
40. Kamayan
Realty
41. Kaunlaran
Food Corp.
42. Leyte Park
Hotels, Inc.
43. Luzon
Aggregates
44. Malangas
Coal Corp.
45. Manarra
Cassava Flour Mills
46. Manila Gas
Corporation
47. Marawi
Resort Hotel
48. Marina
Properties Corp.
49. Maunlad
Savings and Loan Association
50. Meat
Packing Corporation of the Phils.
51. Metro
Manila Transit Corp.
52. Mindanao
Textile Corp.
53. Mindeva
Coco-Coir Industries, Inc.
54. Mindeva
Refrigeration Industries, Inc.
55. Monte
Maria Poultry Farms
56. Mountain
Springs Dev. Corporation
57. Nadeco
Realty Corp.
58. National
Chemical Carriers, Inc.
59. National
Marine Corp.
60. National
Precision Cutting Tools
61. National
Shipping Corp. of the Phil.
62. National
Slipways Corp.
63. National
Stevedoring & Lighterage Corp.
64. National
Sugar Refinery
65. National
Trucking & Forwarding Corp.
66. NDC —
Nacida Raw Materials Corp.
67. Negros
Occidental Copperfield Mines, Inc.
68. Northern
Foods Corporation
69. Oro
Packaging Corporation
70. Pagdanan
Lumber Products, Inc.
71. Pagkakaisa
Gas Storage Corporation
72. Panaon
Prawn Development Corp.
73. People's
Industrial and Commercial Corporation
74. Perpetual
Help Hospital/College of Rizal
75. Phil
Cotton Corp.
76. Philippine
Hi-Standard
77. Philippine
Integrated Leather
78. Philippine
Seeds, Inc.
79. Phil.
Dairy Corp.
80. Phil.
Amanah Bank
81. Phil.
Fruit and Vegetable Industries, Inc.
82. Phil.
Genetics, Inc.
83. Phil.
Phosphate & Fertilizer Corp.
84. Phil.
Plate Mills
85. Phil.
Pyrite Corp.
86. Phil.
Shipyard & Engineering Corp.
87. Phividec
Panay Agro-Industrial Corp.
88. Pilipinas
Bank
89. Pinagkaisa
Realty Corp.
90. PNOC Coal
Corp.
91. PNOC
Marine Corp.
92. Primary
Foods, Inc.
93. Prime
Center Trade International System, Inc.
94. P. Floro
and Sons
95. R & R
Realty
96. Rafols
Hotel
97. Redson
Textile Mills
98. Republic
Transport & Shipyard Corporation
99. Ridge
Resort & Convention Center, Inc.
100. San
Carlos Fruit Corp.
101. Semirara
Coal Corporation
102. Shoe
Technology Corporation
103. Tacoma
Bay Shipping Co.
104. The
Energy Corporation
105. The
Manila Hotel
106. Union
Industries, Inc.
107. Universal
Cement Corporation
108. Usiphil,
Inc.
109. Wood
Koal, Inc.
110. Woodwaste
Utilization & Development Corp.
111. ZNAC
Rubber Estate Corp.
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