Three Philippine corporations made it to this year’s list of the best managed companies in Asia as selected by Hong-Kong-based print and online business magazine FinanceAsia, awards ceremony host Maybank announced.

Property developer Ayala Land Inc. (ALI) was named Best Real Estate Company in Asia, power generator and distributor Aboitiz Power received the Best Power Company in Asia award, while food and beverage giant Universal Robina Corporation (URC) received recognition for being the Best Consumer Company in the region.

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