Preheat oven to 350°F (175°C). Grease and flour a 9x13 inch baking pan.
In a large bowl, whisk together flour, baking powder, and salt.
In another bowl, beat egg yolks with ¾ cup sugar until pale and fluffy. Stir in milk and vanilla.
Pour egg yolk mixture into the flour mixture and stir until combined.
In a separate bowl, beat egg whites until soft peaks form. Gradually add remaining ¼ cup sugar and beat until stiff peaks form.
Gently fold egg whites into the batter until just combined. Pour batter into prepared pan.
Bake for 25-30 minutes, or until a toothpick inserted into the center comes out clean. Allow cake to cool completely.
In a small bowl, whisk together evaporated milk, sweetened condensed milk, and heavy cream. Pour over the cooled cake.
In a large bowl, whip heavy cream with sugar and vanilla until stiff peaks form. Spread over the cake.
Refrigerate cake for at least 1 hour before serving.