MRC Allied, Inc. at its board meeting held on July 14, 2017, approved the appointment of Edita S. Bueno (Independent Director) as Chairperson of audit committee. The company approved appointment of Carlos Jericho L. Petilla (Independent Director) and Bernard Rabanzo as members of audit committee. The company approved appointment of Carlos Jericho L. Petilla (Independent Director) and Jimmy T. Yaokasin as members of Nominations and Compensation Committee of the company. The company approved appointment of Carlos Jericho L. Petilla (Independent Director) as Chairperson of Risk and Oversight Committee, Edita S. Bueno (Independent Director) and Atty. Gladys N. Nalda as members of Risk and Oversight Committee of the company.
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).
MRC ALLIED, INC. 
