The Bolts rebuilt its line-up during the offseason , releasing Renren Ritualo , Hans Thiele , Reed Juntilla and Paolo Bugia , as well as acquiring through trades Mark Yee , Mark Macapagal , Chico Lanete , Chris Timberlake and signing free agents Mark Borboran and Bryan Faundo . During the 2011 PBA Draft , Meralco selected Gilas reserve Jason Ballesteros , as well as Gilbert Bulawan to augment their frontline . In the 2011-12 PBA Philippine Cup , they finished at 6th place at 8-6 win-loss record but swept by the Petron Blaze Boosters . In the 2012 PBA Commissioner 's Cup , they finished at another sixth place at 4-5 on that 102-98 upset win over Powerade Tigers but in another miss to the semifinals for the Bolts . In the 2012 PBA Governors Cup , they finished three straight sixth places in their franchise . In the knockout game for the last semis berth , they defeated the Powerade Tigers , 94-86 to advance to their first semifinals appearance in their franchise history
2012 PBA Commissioner 's Cup
2012 PBA Commissioner's Cup
Meralco Bolts