Hastings Holdings, Inc.
Hastings Holdings, Incorporated, registered with the Securities and Exchange Commission in April 2001 and is one of the holding companies of that business mogul Manuel V. Pangilinan created using money from the PLDT Beneficial Trust Fund. Its immediate parent company is PLDT’s media arm, Mediaquest Holdings.
The company’s General Information Sheet lists five subsidiaries or affiliates involved in five different media organizations: Treasurekeeper Holdings, which has shares in broadsheet Philippine Daily Inquirer through Excel Pacific; BusinessWorld Publishing Corporation which runs broadsheet BusinessWorld; Philstar Daily, Incorporated which runs another broadsheet Philippine STAR; Pilipino Star Ngayon, Incorporated which handles STAR’s tabloid Pilipino Star Ngayon and Philstar Global, which is in charge of online publication www.philstar.com.
Hastings Holdings president Emmanuel Lorenzana is also a member of Smart Communications’ board of directors. He is also the president of TV 5 Network.
The chairman of the board of Hastings Holdings is Ray Espinosa, associate director and head of the communications bureau of Hong Kong-based First Pacific Co. Ltd. which is owned by Indonesian tycoon Anthoni Salim.
The Securities and Exchange Commission in a Jan. 11 decision voided Rappler’s certificate of incorporation, saying the social media news network engaged in a “deceptive scheme” to skirt foreign equity restrictions in mass media. Rappler called the decision “a blow to press freedom in the Philippines.”
MediaQuest Holdings, Incorporated
MediaQuest Holdings, Inc.
MediaQuest Holdings is wholly-owned by the PLDT Beneficial Trust Fund, which is under Manuel V. Pangilinan
Other Print Outlets
The Philippine Star (0.24)
Pilipino Star Ngayon (0.65)
BusinessWorld (Missing Data)
Other TV Outlets
Other Online Outlets
philstar.com (Missing Data)
bworldonline.com (Missing Data)
Philstar Daily, Inc. (51)
None (handled by MediaQuest Holdings)
21/F Marajo Tower, 26th West cor. 4th AvenueBonifacio Global City, Taguig
Tax/ ID Number
Revenue (Financial Data/ Optional)
4.41 Mil $ / 206.64 Mil P
Operating Profit (in Mill. $)
4.38 Mil $ / 205.014 Mil P
Advertising (in % of total funding)
Emmanuel C. Lorenzana, President
Carlos R. Dizon, Treasurer and Chief Financial Officer
Estrelita G. Gacutan, Corporate Secretary
Michael Rex O. Celiz, Assistant Corporate Secretary
Audience share based on Nielsen’s National Urban TV Audience Measurement (TV, Jan-August 2016), Nielsen's Consumer and Media View (Print, Jan-August 2016), Audience share from Nielsen's Radio Audience Measurement (Radio, Jan-August 2016), Effective Measurement (2016)
General Information Sheet of Hastings Holdings, Inc. (available upon request at SEC) (2015), Securities and Exchange Commission (SEC)
Financial Statement of Hastings Holdings, Inc. (available upon request at SEC) (2015), Securities and Exchange Commission (SEC)