Tuesday, February 6, 2018

Alliance Select Foods International, Inc. (FOOD)

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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
Alliance Select Foods International, Inc. (FOOD)
Sector
Industrial
Incorporation Date
Sep 01, 2003
Subsector
Food, Beverage & Tobacco
Number of employees
 1,876 (Group Total)
Board of Directors
Chairman: Antonio C. Pacis
Website / E-mail
allianceselectfoods.com / kpambrocio@allianceselectfoods.com
2. Stock Information
Total Assets
USD 65,308,000
Market Capitalization
1,774,795,848.73
Total Liabilities
USD 32,737,000
Outstanding Shares
2,499,712,463
Retained Earnings
USD -26,255,000
Listed Shares
2,500,000,000
Listing Date
Nov 08, 2006
Issued Shares
2,500,000,000
Board Lot
1,000
Free Float Level (%)
31.76%
Par Value
1.00
Foreign Ownership Limit
100%
3. Major Stock Holders (common shares)
PCD NOMINEE CORPORATION (FILIPINO)
HARVEST ALL INVESTMENT LIMITED
VICTORY FUND LIMITED
PCD NOMINEE CORPORATION (FOREIGN)
80.57%
07.09%
05.53%
03.67%
4. Company Descriptions and Business Development
Notes
1.  Strongoak, Inc is the parent company which holds 55.32% of FOOD.
2. The ultimate parent company is Seawood Resources, Inc. which holds 100% of Strongoak.
Overview
Its key business activity is the processing, canning, and export of canned tuna. It is primarily a “private label manufacturer”. Its main products are canned tuna, salmon, fishmeal. Fishmeal is by-products of tuna/salmon processing.

Business
Revenue contribution in 2016 (in million USD)
Canned Tuna
Salmon
Fishmeal
17
13
1
56%
42%
0%


Tuna: Skipjack and yellowfin tuna are the main raw fish inputs supplied by fish suppliers and traders.
Salmon: It imports salmons from New Zealand, Chile and Norway.

Subsidiaries / Associates / Affiliates / Joint Ventures
Alliance MHI Properties, Inc owns land in General Santos where the tuna/salmon facilities are located.
SPENCE & Co is based in Brockton USA and specializes in the production of smoked salmon.
Big Glory Bay Salmon & Seafood (BGB) is engaged in manufacturing goods such as salmon and other processed seafood.

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