Chelsea Logistics Holdings Corp. (CLC)

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1. Company Information
Company Name	Chelsea Logistics Holdings Corp. (CLC)
Sector	Services		Incorporation Date			7/17/2006
Subsector	Transportation Services		Number of employees			(Group Total)
Board of Directors	Chairman: Dennis A. Uy
Website / E-mail	http://www.chelsealogistics.ph/ / eunika.maloles@chelseashipping.ph
2. Stock Information
Total Assets	28,382,895,510	Market Capitalization			16,033,403,012.00
Total Liabilities	15,057,821,494	Outstanding Shares			1,821,977,615
Retained Earnings	1,203,135,244	Listed Shares			1,821,977,615
Listing Date	Aug 08, 2017	Issued Shares			1,821,977,615
Board Lot	100	Free Float Level (%)			29.87%
Par Value	1.00	Foreign Ownership Limit			40%
3. Major Stock Holders (common shares)
UDENNA CORPORATION PCD NOMINEE CORPORATION (FILIPINO) PCD NOMINEE CORPORATION (NON-FILIPINO)				70.00% 28.53% 01.42%
4. Company Descriptions and Business Development
Notes 1. It acquired 100% of Starlite Ferries, Inc. in late 2017. 2. It acquired Worklink Services, Inc. in late 2017. 3. Related companies: PNX, 2GO, CLC
Overview In November 2016, Chelsea Logistics Holdings Corp. (CLC), acquired Chelsea Shipping Corp. and its 6 subsidiaries from Phoenix Petroleum Philippines, Inc. CSC is one of the top five major petroleum tanker owners in the country, serving Phoenix Petroleum Philippines, Inc., Cebu Pacific Air, Petron Corporation, Seaoil, Marine Fuels, and Batangas Bay Carriers, among other companies, and sailing on local and regional seas. The company engages in the shipping transport business through its wholly owned subsidiaries CSC and Trans-Asia Shipping Lines, Inc. (Trans-Asia).  Chelsea Shipping Corp. (CSC) engages in the maritime conveyance or carriage of petroleum products, goods, wares and merchandise in the Philippines. Trans-Asia, meanwhile, engages in transporting passengers and cargo within Philippine territorial waters and/or in the high seas. It has 11 tankers, eight tugboats, seven RoPax (roll-on, roll-off with passengers and cargo), four barges, and three cargo vessels. Business It’s a newly listed company. Its revenue and net income amounted to 2,296 million and 405 million pesos for the nine month of 2017. Subsidiaries / Associates / Affiliates / Joint Ventures Worklink Services, Inc.(100%) is a domestic logistics solution provider for various industries, with expertise in the management and distribution of a wide range of merchandise such as documents, food, garments and industrial equipment.. 2GO Group (28.15% indirect interest) Michael Inc. (100%) Bunkers Manila Incorporated (100%) PNX-Chelsea shipping corp. (100%)