Tycoon John Gokongwei Jr (3rd from right), Chairman Emeritus of JG Summit Holdings Inc., and Lance Gokongwei (2nd from right), President and Chief Operating Officer of the conglomerate, received the Fabulous 50 Award from Christopher Forbes, Vice Chairman of Forbes Media (3rd from left) at a ceremony at the Grand Hyatt Hotel in Macau on December 4, 2012. JG Summit was named by Forbes Asia as one of the 50 best publicly-traded companies in Asia for 2012, the only Filipino firm chosen from a pool of 1,295 companies. Also in the photo (from left) are Steve Leonard, Office of the Chairman Corporate Senior VP, EMC Corporation, Lawrence Ho, Co-Chairman & CEO, Melco Crown Entertainment, and Jackson Chang, President, Macao Trade & Investment Promotion Institute (IPIM).