F & J Prince Holdings Corporation (FJP)

This posting may contain out of date contents.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	F & J Prince Holdings Corporation (FJP)
Sector	Holding Firms		Incorporation Date	Feb 18, 1971
Subsector	Holding Firms		Number of employees	3 (Parent Only)
Board of Directors	Chairman: Robert Y. Cokeng
Website / E-mail	http://www.fjprince.com / prinznet@compass.com.ph
2. Stock Information
Total Assets	2,082,034,026	Market Capitalization		1,492,311,601.80
Total Liabilities	33,060,522	Outstanding Shares		292,610,118
Retained Earnings	1,404,820,021	Listed Shares		292,610,118
Listing Date	Dec 08, 1982	Issued Shares		292,610,118
Board Lot	100	Free Float Level (%)		25.83%
Par Value	1.00	Foreign Ownership Limit		0%
3. Major Stock Holders (common shares)
Essential Holdings Limited PCD Nominee Corporation Pinamucan Industrial Estates, Inc. Magellan Capital Holdings Corporation				29.01% 15.50% 10.33% 09.93%
4. Company Descriptions and Business Development
Notes 1.
Overview FJP is a holding company. At present, it owns almost 95% of its subsidiary, MCHC, which is currently invested in real estate assets and in bond and stock investments and in shares of its subsidiaries. Most of the Registrant’s indirect operating subsidiaries, i.e. MCHC’s subsidiaries, are in development of infrastructure projects, as well as landholding and development. Business Revenue contribution in 2016 Equity in Net Earnings of Associates 72,929,014 41.2% Interest Income 40,141,896 22.6% Net Foreign Exchange Gains 32,814,059 18.5% Gain on Disposal of AFS and FVPL Financial Assets 5,379,140 3.0% Rent 14,028,672 7.9% Dividend Income 1,906,263 1.1% Fair Value Gain on Financial Assets of FVPL 9,980,598 5.7% Subsidiaries / Associates / Affiliates / Joint Ventures Magellan Capital Holdings Corporation (MCHC, 94.3%) Pointwest Technologies Corporation (30%) recorded P1.8 billion revenues in 2016. It hires around 1,200 IT professionals and support staffs. Business Process Outsourcing International, Inc (35%) provides finance and accounting services. It was spun off from the BPO department of SGV & Co. It recorded P384 million revenues in 2016. It hires more than 400 accountants and support staffs.