For the updated or exact information, you should check edge.pse.com.ph or their official website.
1.
Company Information
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Company Name
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Acesite (Phils.) Hotel Corporation (ACE)
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Sector
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Services
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Incorporation Date
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Oct 01, 1952
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Subsector
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Services
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Number of employees
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(Group Total)
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Board of Directors
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Chairman: Arthur M. Lopez, President: Kenneth T. Gatchalian
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Website / E-mail
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http://www.waterfronthotels.com.ph /
r.ricardo@manilapavilion.com.ph
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2.
Stock Information
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Total Assets
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2,325,369,977
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Market Capitalization
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468,856,627.20
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Total Liabilities
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704,133,986
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Outstanding Shares
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344,747,520
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Retained Earnings
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483,781,873
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Listed Shares
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344,747,520
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Listing Date
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Dec 05, 1986
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Issued Shares
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346,100,578
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Board Lot
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1,000
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Free Float Level (%)
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44.29%
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Par Value
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1.00
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Foreign Ownership Limit
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100%
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3.
Major Stock Holders (common shares)
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WATERFRONT PHILIPPINES, INC.
PCD NOMINEE CORPORATION (FILIPINO)
PCD NOMINEE CORPORATION (NON-FILIPINO)
NICKELL INTERNATIONAL LTD.
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55.70%
22.33%
15.23%
02.59%
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4.
Company Descriptions and Business Development
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Notes
1. Related companies: WIN, WPI, ACE
WIN is the
ultimate parent of ACE.
2. Gatchalian family will renovate all of its hotels in
Manila, Cebu and Davao.
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Overview
It owns and operates Manila Pavilion Hotels which has
610 rooms. It’s still negotiating with PAGCOR on the casino space lease renewal.
Business
Revenue
contribution in 2016
Rental
is mainly from the casino space lease to PAGCOR which is already expired in
2016.
Subsidiaries /
Associates / Affiliates / Joint Ventures
CIMA Realty Philippines, Inc
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