Friday, February 9, 2018

Empire East Land Holdings, Inc. (ELI)

This posting may contain out of date contents.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
Empire East Land Holdings, Inc. (ELI)
Sector
Property
Incorporation Date
Jul 15, 1994
Subsector
Property
Number of employees
723 (Group Total)
Board of Directors
Chairman: Andrew L. Tan
Website / E-mail
http://www.empire-east.com / jquiazon@megaworldcorp.com
2. Stock Information
Total Assets
40,170,036,415
Market Capitalization
9,833,053,441.89
Total Liabilities
14,399,199,692
Outstanding Shares
14,676,199,167
Retained Earnings
5,305,598,604
Listed Shares
14,803,455,238
Listing Date
Jun 28, 1996
Issued Shares
14,803,455,238
Board Lot
1,000
Free Float Level (%)
16.98%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
MEGAWORLD CORPORATION
PCD NOMINEE CORPORATION (FILIPINO)
PCD NOMINEE CORPORATION (NON-FILIPINO)
81.01%
11.84%
03.51%
4. Company Descriptions and Business Development
Notes
1. Related companies: AGI, MEG, ELI and RWM, GERI, EMP, SUN
Overview
It was a Community Housing Division of MEG, but MEG spun off its Community Housing Division into what is now the Company for the purpose of separating its high-end residential and office business from its lower and middle income housing business.
Some brands are KASARA, ROCHESTER, PIONEER WOODLANDS, LITTLE BAGUIO TERRACES and SOUTH SCIENCE PARK.

Business
Revenue contribution in 2016 (in million pesos)
Condominium sales
Finance income
Commission and others
4,100
323
678
79%
6%
15%

Condominium Sales are from various projects.
Finance income are from in-house financing and various advances
Commission income and others are from commission from subsidiaries, rental and other investment properties.

Subsidiaries / Associates / Affiliates / Joint Ventures
Eastwood Property Holdings, Inc. (100%) is the marketing arm of the company.
Valle Verde Properties, Inc. (VVPI, 100%)
Sherman Oak Holdings, Inc. (SOHI, 100%)
Empire East Communities, Inc. (EEC, 100%)
20th Century Nylon Shirt Co., Inc. (20th Century, 100%)
Laguna BelAir Science School, Inc. (LBASSI, 73%);
Sonoma Premier Land, Inc. (SPLI, 60%)
Gilmore Property Marketing Associates, Inc. (GPMAI, 47%)
Pacific Coast Megacity Inc. (PCMI, 20%)
Fil-Estate Properties, Inc.

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MARKET ISSUES

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