MIGHTY Corporation, the reconstituted company based on what used to be the La Campana Fabrica de Tabacos Inc. and later the Tobacco Industries of the Philippines, has won the Outstanding Corporation of the Year Award (2015-2016) from the Philippine Council of Management Research Institute Inc.
The award, said the council, was in recognition of Mighty Corp.’s achievements in both business matters and in social, cultural and religious affairs.
The last is being carried out by the Wong Chu King Foundation, named after the founder of the company who, from being a penniless immigrant from Amoy, China, built up a business empire that has been in existence for the past 70 years.
La Campana was born through the collaboration of King, Ong Lowa, Baa Dy and Ong Pay shortly after World War II, with the unwavering support of King’s family members. Though difficult, and through changing business practices and shifting public taste, the company was able to expand to three factories and is to-day one of the country’s biggest taxpayers.
The Wong Chu King Foundation espouses “transformation through charity” and is engaged in educational and apostolic charities, primarily in areas where tobacco farming is prevalent. The foundation provides scholarships to deserving young men and women, especially to dependents and beneficiaries of Filipino tobacco farmers.