Friday, February 9, 2018

Grand Plaza Hotel Corporation (GPH)

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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
Grand Plaza Hotel Corporation (GPH)
Sector
Services
Incorporation Date
Aug 09, 1989
Subsector
Hotel & Leisure
Number of employees
320 (Group Total)
Board of Directors
Chairman: Tan Kian Seng
Website / E-mail
http://www.heritagehotelmanila.com / Inquire@heritagehotelmanila.com
2. Stock Information
Total Assets
1,092,243,976
Market Capitalization
590,891,059.00
Total Liabilities
168,651,131
Outstanding Shares
53,717,369
Retained Earnings
1,735,013,915
Listed Shares
87,318,270
Listing Date
Dec 10, 1992
Issued Shares
87,318,270
Board Lot
100
Free Float Level (%)
13.65%
Par Value
10.00
Foreign Ownership Limit
100%
3. Major Stock Holders (common shares)
GRAND PLAZA HOTEL CORPORATION - TREASURY STOCKS
THE PHILIPPINE FUND LIMITED
ZATRIO PTE LTD
PCD NOMINEE CORPORATION (FILIPINO)
38.48%
32.82%
20.30%
04.69%
4. Company Descriptions and Business Development
Notes
1. City Developments Limited(listed in Singapore) holds 64.93% of Millennium & Copthome Hotels Plc(Listed in UK) which owns 60% of The Philippine Fund Limited (Bermuda)
Overview
The Company owns and operates 450 rooms The Heritage Hotel. It leased casino space to PAGCOR but it is ended in 2013. It leases its hotel site from Harbour Land Corp.


Business
It recorded Php369 millions of revenue with the Php13 millions of net loss.

Subsidiaries / Associates / Affiliates / Joint Ventures

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MARKET ISSUES

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