The boardroom at the Vista Land headquarters was a blend of luxury and practicality, befitting the empire built by Manny Villar, the billionaire who had transformed his family's real estate business into one of the most formidable conglomerates in the Philippines. But today, the room was not just a space for planning new projects or reviewing quarterly profits; it was a war room.
The biggest names in Philippine business had been summoned for an urgent meeting.
Villar sat at the head of the table, his expression as serious as the gravity of the situation demanded. Around him were the leaders of the country's most powerful corporations, all of whom had felt the impact of Reyes Corporation's meteoric rise. Ayala Corporation's Jaime Zobel de Ayala, SM Investments Corporation's Henry Sy Jr., JG Summit's Lance Gokongwei, and PLDT's Manuel V.
Pangilinan were among those present.
Villar began the meeting without preamble. "Gentlemen, thank you for coming on such short notice. I'm sure you all understand why we're here. Michael Reyes and his Reyes Corporation have grown too powerful, too fast. His acquisition of GCash is just the latest in a series of moves that threaten our dominance in every sector."
Henry Sy Jr., known for his calculated business strategies, leaned forward. "Reyes has disrupted every industry he's entered. From healthcare to energy, and now banking. His resources seem limitless, and his technology is years ahead of what we currently have. If we don't do something now, we're all going to see our market shares dwindle."
Jaime Zobel de Ayala, always the voice of reason, nodded in agreement. "Reyes Corporation's growth is unprecedented. It's clear that they're not just competing—they're aiming to monopolize. But we can't act recklessly. We need a strategy that plays to our strengths."
Pangilinan, who had been quiet until now, finally spoke, his tone thoughtful but firm. "Reyes' strength lies in his ability to innovate and disrupt. We can't beat him at his own game—at least, not individually. But together, we can slow his momentum. We have the infrastructure, the connections, and the influence. We need to leverage those assets."
The monopolistic tendencies, the loss of competition, the potential for data misuse with all the industries he's integrating? We could sway public opinion to our side."
Gokongwei chimed in, "And we should leverage our relationships with regulators. Reyes Corporation has expanded rapidly, and with that kind of growth, there are bound to be areas where he's stretched thin. Environmental regulations, labor laws, antitrust concerns—if we can't beat him in the market, we can slow him down with bureaucracy."
Villar nodded, seeing the plan take shape. "It's a multi-pronged approach. We need to use our influence in the government to push for stricter regulations on his industries. We should also consider collaborating in areas where we can still outmaneuver him—forming alliances, sharing resources, and pooling our innovations."
Jaime Zobel de Ayala added, "We should also prepare our own companies for digital transformation. Reyes Corporation's strength lies in its technological edge. We can't match him directly, but if we modernize our operations and integrate new technologies into our businesses, we can narrow the gap."
Villar, feeling the momentum of the conversation, stood up and addressed the room. "We're all powerful in our own right, but Reyes is threatening to eclipse us all. We've seen companies crumble because they failed to adapt to new threats. I don't intend to let that happen to us. We need to act, and we need to act now."
The room fell silent, each executive contemplating the gravity of the situation. They all knew the stakes—if they didn't unite and find a way to counter Michael Reyes and his rapidly expanding empire, their own empires could be at risk.
Villar continued, his tone resolute. "We'll form a coalition, a united front against Reyes Corporation."
One by one, the heads of the other conglomerates nodded in agreement. They understood the necessity of this alliance. The dominance of Reyes Corporation had become too great a threat to ignore.
As the meeting adjourned, the tycoons filed out of the boardroom, each of them already thinking about the moves they needed to make. The battle against Reyes Corporation was about to begin, and they knew it would be the most challenging fight of their careers.