Thursday, February 8, 2018

Crown Equities, Inc. (CEI)

This posting may contain out of date contents.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
Crown Equities, Inc. (CEI)
Sector
Property
Incorporation Date
Oct 24, 1969
Subsector
Property
Number of employees
 211 (Group Total)
Board of Directors
Chairman: George L. Go
Website / E-mail
http://crownequitiesinc.com / cei@crownequitiesinc.com
2. Stock Information
Total Assets
2,001,086,636
Market Capitalization
2,883,199,991.52
Total Liabilities
237,120,322
Outstanding Shares
13,599,999,960
Retained Earnings
130,763,001
Listed Shares
13,600,000,000
Listing Date
Aug 16, 1994
Issued Shares
18,415,232,470
Board Lot
10,000
Free Float Level (%)
62.14%
Par Value
0.1
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
PCD NOMINEE CORP.
GUILD SECURITIES, INC.
59.19%
33.09%
4. Company Descriptions and Business Development
Notes
1. Patrick D. Go is the son of chaiman.
Overview
Its main businesses are real estate development and healcare. It did not spend significant amount on developmental activities during the last three fiscal years.

Business
Revenue contribution in 2016
Real estate
Healthcare
68,000,000
53,000,000
56.2%
43.8%


Real Estate
Its flagship project was Cypress Tower. It owns over 30 ha of real estate in Batangas. CCPC generated P31 million in 2016.
Healthcare
It has two operational FortMED medical Clinics in Makati and Sta. Rosa.
Subsidiaries / Associates / Affiliates / Joint Ventures
Healthcare Systems of Asia Philippines, Inc.
Crown Central Properties Corporation (CCPC), a JV with Federal Land, Inc., develops Palma Real Residential subdivision.
Sky Leisure Properties, Inc (50%), a JV with Shang Properties, Inc., owns 107 ha land in Tagaytay.

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MARKET ISSUES

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