Tuesday, February 6, 2018

A. Soriano Corporation (ANS)

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For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
A. Soriano Corporation (ANS)
Sector
Holding Firms
Incorporation Date
Feb 13, 1930
Subsector
Holding Firms
Number of employees
 739 (Group Total)
Board of Directors
Chairman: Andres Soriano III, Vice Chairman: Eduardo J. Soriano
Other Directors: Oscar J. Hilado (PHN), John L. Gokongwei, Jr. (JGS)
Website / E-mail
http://www.anscor.com.ph / srg@anscor.com.ph 
2. Stock Information
Total Assets
22,525,351,000
Market Capitalization
17,650,000,000.00
Total Liabilities
4,078,770,000
Outstanding Shares
2,500,000,000
Retained Earnings
12,897,635,000
Listed Shares
2,500,000,000
Listing Date
Oct 25, 1973
Issued Shares
2,500,000,000
Board Lot
100
Free Float Level (%)
18.42%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
ANSCOR CONSOLIDATED CORPORATION
PCD NOMINEE CORPORATION (FILIPINO)
PCD NOMINEE CORPORATION (NON-FILIPINO)
A-Z ASIA LIMITED PHILIPPINES, INC.
UNIVERSAL ROBINA CORPORATION
36.09%
20.43%
20.24%
06.79%
02.58%
4. Company Descriptions and Business Development
Notes
1. In late 2017, Anscor Consolidated Corporation increased shareholdings to 51.31%.
2. In late 2017, It sold out entire shareholdings in CMSI and Enderun Colleges.
3. Andres Soriano III and Eduardo J. Soriano are brothers.
Overview
The Company's major investments include, among others, Phelps Dodge Philippines Energy Products Corporation, which manufactures wire and cable products; Seven Seas Resorts and Leisure, Inc., which owns and operates the Amanpulo Resort in Pamalican Island, Palawan. It has other investments in companies engaged in a wide range of activities in the Philippines including aviation, nurse deployment, business process outsourcing and real estate. As a holding company, the principal sources of income for ANS are: the share in net earnings of the companies in which it has investments, management fees, interest income, dividends and gains from the sale of investments mainly the trading gain on marketable securities and bonds.


Business
Major revenue contributions from each business in 2016 are: (in million pesos)
PDIPI/PDP Energy
CMSI
SSRLI
KSA Realty Corporation
Prople Limited
Enderun Colleges
Island Aviation, Inc
Cirrus Global, Inc
6,608
2,573
1,322
1,092
270
560
174
64
52.18%
20.32%
10.44%
8.62%
2.13%
4.42%
1.37%
0.51%

Subsidiaries / Associates / Affiliates / Joint Ventures
A. Soriano Air Corporation – Service/Rental
Seven Seas Resorts and Leisure, Inc. (SSRLI, 62%) operates Amanpulo resort (75 hectares).
Prople Limited acquired 100% of non-autid business of US-based Kellogg and Andelson Accountancy Corporation (K&A).
Cirrus Medical Staffing, Inc.(CMSI) is engaged in US-based nurse and physical therapist staffing business.
Phelps Dodge International Philippines, Inc. (PDIPI, 100%) manufactures copper-based wires and cables through subsidiary (PDP Energy). It’s the 2nd largest wire and cable manufacturing firm in the world. The products include Building wires (75%), Communication/Special (11%), Autowires (9%) and Power Cables (5%).
Anscor Holdings, Inc. (100%) has interest in land covering more than 830 hectares in Palawan.
AGP International Holdings Ltd. (27%)
iPeople, Inc. (11%)
KSA Realty Corporation (14%)

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MARKET ISSUES

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