EMETERIO SD. PEREZ
MANILA Electric Co. uses MER as stock market symbol but it is Meralco for electricity users. Meralco, or MER, has authorized capital stock (ACS) of 1.25 billion common shares of which 90.168 percent are owned by 42,357 Filipinos with their ownership of 1,041,457,542 MER common shares, and by 330 foreigners with their ownership of 85,641,163 common shares, or 7.60 percent.