This posting may contain out of date contents.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.
For the updated or exact information, you should check edge.pse.com.ph or their official website.
1.
Company Information
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Company Name
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Concrete Aggregates Corporation (CA)
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Sector
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Industrial
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Incorporation Date
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Jan 16, 1959
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Subsector
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Construction, Infra. & Allied Services
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Number of employees
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(Group Total)
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Board of Directors
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Chairman: Jaime E. Ysmael
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Website / E-mail
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http://www.cac.com.ph
/ info@concreteaggregatescorp.com
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2.
Stock Information
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Total Assets
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310,683,300
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Market Capitalization
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1,371,029,579.10
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Total Liabilities
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11,840,315
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Outstanding Shares
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22,077,771
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Retained Earnings
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22,327,162
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Listed Shares
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22,077,771
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Listing Date
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Apr 02, 1973
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Issued Shares
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22,077,771
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Board Lot
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10
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Free Float Level (%)
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23.94%
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Par Value
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10.00
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Foreign Ownership Limit
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0%
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3.
Major Stock Holders (common shares)
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ORTIGAS & CO. LTD. PARTNERSHIP (OCLP)
PCD NOMINEE CORPORATION
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72.57%
20.55%
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4.
Company Descriptions and Business Development
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Notes
1. OCLP is a partnership between ALI, SMPH and Ortigas
Group to develop P210 billion worth of Ortigas Group’s real estates. It is
owned and managed principally by the Ortigas Family. OC had 4,000
hectares land in Metro Manila but most of them were sold or developed
already. But, it still has a lot of prime land. Jaime E. Ysmael was the CFO
of ALI. OCLP is a subsidiary of OCLP Holdings, Inc where Rafael Ortigas/Ayala
group holds 47% and Francisco Ortigas/SM group has 37% and Catholic Church
has 9%.
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Overview
Prior to 2008, the Company directly operated its
aggregates plants – the source of the Company’s quality aggregates but because
of the financial crisis it entered into Operating Agreement with Batong
Angono Aggregates Corp. (BAAC)/LHAI as CA’s quarry operator, CA’s income from
the quarry operations consists of the royalty payments made by BAAC/LHAI at
the rate agreed upon by the parties. BACC changed its name to Lafarge Holcim
Aggreates, Inc. (LHAI) in 2015.
It is operating two ready mix concrete plants, three
Bituminous Concrete Mix (BCM) plants, four aggregates quarry/crushing plants
and three pre-stressed/pre-cast concrete plants
Business
All those operating related assets including plants are
sold to BACC/LHAI but it still has several parcels of lands. In 2016, the
Company’s P37.26 million revenues came solely from the 2.5% royalty fees from
the value of the aggregates sold by BAAC/LRAI during the year. In addition,
the Company earned other income of P4.91 million comprised mostly of interest
income on the installment receivable from the sale to OCLP.
Subsidiaries /
Associates / Affiliates / Joint Ventures
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