MRC Allied, Inc. announced acceptance of the resignation of Atty. Jan Vincent S. Soliven as Corporate Secretary & Chief Legal Counsel for personal reasons, and the subsequent appointment of Atty. Margareth P. Reyes-Mendoza to replace the former. Ms. Mendoza is a lawyer by profession and was former Chief Admin Officer of MRC. Prior to joining MRC, she was Legal Counsel of a private corporation and much earlier in her career she was a Public Attorney at the Public Attorney's Office. The company announced the appointment of Engr. Al Joseph De Guzman as Chief Operations Officer of the company. Mr. De Guzman is a licensed Electrical Engineer with more than twenty years of experience in project management for various engineering projects. He has an extensive background in renewable energy projects, such as solar, wind and hydro projects, particularly in the design and operation of electro-mechanical systems for these types of projects. Effective date of appointments is Feb. 13, 2018.
MRC Allied, Inc. is a Philippines-based holding company. The Company, through Menlo Renewable Energy Corporation (MREN), operates 550 kilowatt-power (kWp) solar photovoltaic (PV) rooftop systems for a rice milling plant in Northern Luzon. It has a 15% ownership in Sulu Electric Power and Light (Philippines) Inc., which owns and operates a 50-megawatt solar project located in Palo, Leyte. The principal asset of the Company consists of two land banks. The first is a 160-hectare industrial estate in Naga City, Cebu and the second consists of 700 hectares of raw land in San Isidro Municipality, Leyte, known as Amihan Woodlands Township (AWT). Located thirty-five (35) kilometers away from the Mactan International Airport, the industrial estate in Naga City, known as the New Cebu Township One (NCTO). The Company's subsidiaries include MRC Tampakan Mining Corporation (MRC Tampakan), MRC Surigao Mines, Inc. (MRC Surigao) and Makrubber Corporation (Makrubber).