Wednesday, February 7, 2018

Berjaya Philippines Inc. (BCOR)

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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
Berjaya Philippines Inc. (BCOR)
Sector
Services
Incorporation Date
Oct 31, 1924
Subsector
Casinos & Gaming
Number of employees
614 (Group Total)
Board of Directors
Chairman: Tan Sri Dr. Ibrahim Saad
Website / E-mail
http://www.pgpi.com.ph / blaw@attglobal.net
2. Stock Information
Total Assets
14,431,731,472
Market Capitalization
20,013,304,741.55
Total Liabilities
6,854,600,748
Outstanding Shares
4,341,280,855
Retained Earnings
4,944,212,702
Listed Shares
4,427,009,132
Listing Date
Nov 29, 1948
Issued Shares
4,427,009,132
Board Lot
1,000
Free Float Level (%)
11.74%
Par Value
1.00
Foreign Ownership Limit
100%
3. Major Stock Holders (common shares)
BERJAYA LOTTERY MANAGEMENT(H.K.), LTD
BERJAYA SPORTS TOTO (CAYMAN) LIMITED
PCD (FILIPINO)
72.76%
13.78%
08.58%
4. Company Descriptions and Business Development
Notes
1. 
Overview
It was originally engaged in sugar production business.

Business Development
In 1998, It acquired Philippine Gaming Management Corporation (“PGMC”), whose principal activity is the leasing of on-line lottery equipment and providing software support to the Philippine Charity Sweepstakes Office (“PCSO”).
In December 2009, the Corporation acquired a 232 room hotel through a subsidiary, Perdana Hotel Philippines Inc. (“PHPI”) under the business name Berjaya Makati Hotel. The Corporation also subscribed to forty percent (40%) of the shares of stock of Perdana Land Philippines Inc. (“PLPI”) which owns the land leased by PHPI.
In July 2010, the Corporation invested in Berjaya Pizza Philippines Inc. (“BPPI”), a company engaged in the manufacture, sale and distribution of food and beverages. In 2017, the Corporation’s equity interest in BPPI increased to 49.99%.
In August 2012, the Corporation invested in Bermaz Auto Philippines Inc. (“BAPI”), which is engaged in the sale and distribution of Mazda brand within the territory of the Philippines. In 2017, the Corporation equity interest in BAPI was diluted  to 25.48%
In September 2012, it acquired 40% stake of Cosway Philippines Inc. (“CPI”), primarily to engage in the wholesale of various products. At present, CPI has not yet started its commercial operations.
In 2014, the Corporation obtained control over H.R. Owen Plc. (“H.R. Owen”), Incorporated in England, HR Owen operates a number of vehicle franchises in the prestige and specialist car market for both sales and after sales, predominantly in the London area.  In 2015, HR Owen acquired 100% ownership over Bodytechnics in order to enhance its aftersales operations. In 2017, it increased the stake to 98.38%.
In 2015, it acquired 20% stake of Ssangyong Berjaya Motor Philippines, Inc. which distribute Ssangyong brand of Korea.

Business
Revenue contribution in 2016
Leasing
Service
Holding Investment
Motor dealership
1,648,911,479
150,496,554
417,084,615
6,784,657,267
18.32%
1.67%
4.63%
75.38%

Subsidiaries / Associates / Affiliates / Joint Ventures
Neptune Properties Inc. (NPI, 41.46%) – real estate

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