Wednesday, February 7, 2018

Asiabest Group International Inc. (ABG)

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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
Asiabest Group International Inc. (ABG)
Sector
Industrial
Incorporation Date
Oct 23, 1970
Subsector
Construction, Infra. & Allied Services
Number of employees
 (Group Total)
Board of Directors
Chairman: Edgardo G. Alimagno
Website / E-mail
legal@rsbernaldo.com
2. Stock Information
Total Assets
270,496,364
Market Capitalization
5,220,000,000.00
Total Liabilities
283,300
Outstanding Shares
300,000,000
Retained Earnings
-29,786,936
Listed Shares
17,170,293
Listing Date
Jul 10, 1979
Issued Shares
300,000,000
Board Lot
100
Free Float Level (%)
33.97%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
VITTORIO PAULO P. LIM
SUNPLAZA DEVELOPMENT CORPORATION
PCD NOMINEE CORPORATION (FILIPINO)
33.33%
30.89%
05.03%
4. Company Descriptions and Business Development
Notes
1.  The chairman also holds sit in NiHao Mineral Resources International, Inc(NI, a listed company, Chairman), Lodestar Investment Holdings Corporation (LIHC, a listed company,Chairman), Dizon Copper-Silver Mines, Inc(DIZ, a listed company,director), IPM Holdings, Inc(IPM, a listed company, director)
Overview

Business
It planned to develop nickel mines but there is no significant revenue generating business activity yet.

Subsidiaries / Associates / Affiliates / Joint Ventures
Alta Minera Inc
Breccia Resources Inc.
Millionaire’s Offices and Properties Inc.
GNA Resources International Limited(25%)

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MARKET ISSUES

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