It seems that Mr. Manny V. Pangilinan's hobby is shopping....shopping for big businesses and companies here in the Philippines. He was the one who made Philippine Long Distance Telephone Company (PLDT) into an integrated telecommunication provider by making Smart Communications as PLDT's subsidiary. He also acquired Indofood, the largest company in Indonesia. He also own TV5 (Kapatid network), which is now constructing its building in Mandaluyong City. Mr. Pangilinan's shopping list didn't stop there because he is planning to buy MRT-3 (Metrostar operating along EDSA) for $1.1 billion.
source: http://ph.news.yahoo.com/pep/20110202/ten-tv5-chairman-manny-pangilinan-eyes-o-fb4fa78.html
picture credit: PEP
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