Wednesday, February 7, 2018

Chemical Industries of the Philippines, Inc. (CIP)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Chemical Industries of the Philippines, Inc. (CIP)
Sector
Industrial
Incorporation Date
Dec 22, 1958
Subsector
Chemicals
Number of employees
 (Group Total)
Board of Directors
Chairman: Antonio M. Garcia
Website / E-mail
http://www.chemphil.com.ph / chemphilgroup@chemphil.com.ph
2. Stock Information
Total Assets
1,199,106,451
Market Capitalization
1,647,456,160.00
Total Liabilities
318,095,147
Outstanding Shares
10,296,601
Retained Earnings
94,624,118
Listed Shares
10,000,000
Listing Date
Nov 21, 1985
Issued Shares
10,296,688
Board Lot
10
Free Float Level (%)
29.83%
Par Value
10.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
PCD Filipino
PHILIPPINE INDOCHEM CORPORATION
CHEMHOLDINGS CORPORATION
43.83 %
39.98 %
09.98 %
4. Company Descriptions and Business Development
Notes
1. It sold out 65.92% of LMG Chemicals Corp. in late 2017.
Overview
It was engaged in various kinds of chemical production but all facilities stopped business. It has parcel of land in several places.

Business
There is no significant revenue generating business activities. It recorded P7.9 million through rental of its property.

Subsidiaries / Associates / Affiliates / Joint Ventures
CAWC, Inc. (CAWC, 99.67%) is not operational
Chemphil Manufacturing Corp. (CMC, 73.93%)
Kemwater Phil Corp. (KPC,73.93%)

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