Friday, February 9, 2018

Discovery World Corporation (DWC)

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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
Discovery World Corporation (DWC)
Sector
Services
Incorporation Date
Jan 05, 1993
Subsector
Hotel & Leisure
Number of employees
 (Group Total)
Board of Directors
Chairman: Ruben C. Tiu
Website / E-mail
http://www.discovery.com.ph / jean.codinera@discovery.com.ph
2. Stock Information
Total Assets
3,270,529,690
Market Capitalization
1,627,600,000.00
Total Liabilities
2,025,908,719
Outstanding Shares
626,000,000
Retained Earnings
313,095,165
Listed Shares
626,000,000
Listing Date
Nov 21, 2013
Issued Shares
626,000,000
Board Lot
1,000
Free Float Level (%)
25.52%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
JTKC Equities, Inc
The Discovery Leisure Company, Inc.
48.34%
24.82%
4. Company Descriptions and Business Development
Notes
1. Discovery Primea, Discovery Suites in Metro Manila and Discovery Tagaytay are owned by JTKC Land, not DWC. All those hotels and resorts are operated by TDLCI, a hotel management arm of JTKC Group.
2. Ruben C. Tiu and John Y. Tiu, Jr. are brothers.
Overview
DWC is primarily engaged in the hotel and resort business under the names and styles of Discovery Shores Boracay, Discovery Shores, Platitos Resto-Bar, Sands Lounge, Indigo Resto-Bar and Sunken Pool Bar. 


Business
Revenue contribution in 2016.
DSB
EPRI
DFC
369,863,047
154,068,571
41,369,819
65%
27%
7%


Subsidiaries / Associates / Affiliates / Joint Ventures
The Discovery Leisure Company, Inc. (TDLCI) is a holding company with investments in leisure and hospitality sectors.
Discovery Shore Boracay (DSB) is an 87 room resort hotel in Boracay operated by TDLCI.
Euro-Pacific Resorts, Inc. (EPRI) is a 52 unit resort hotel in Coron island, operated by TDLCI.
Palawan Cove Corporation is developing a beach resort in Palawan.
Discovery Fleet Corporation (DFC) is a transportation services business.
Cay Islands Corporation is developing a 5-hectare property in Palawan.
Discovery Fleet is engaged has 2 cruise boats with about 50 rooms.
Sonoran Corporation is a real estate development arm of the group which is developing properties in Baguio and Palawan.
Long Beach Property Holdings, Inc  if for the  development properties in Palawan

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