GT Capital Holdings, Inc. (GTCAP)

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1. Company Information
Company Name	GT Capital Holdings, Inc. (GTCAP)
Sector	Holding Firms		Incorporation Date	July 26, 2007
Subsector	Holding Firms		Number of employees	24,715 (Group Total)
Board of Directors	Group Chairman:  George S.K. Ty, Chairman: Arthur Vy Ty
Website / E-mail	http://www.gtcapital.com.ph / gtcap@gtcapital.com.ph
2. Stock Information
Total Assets	304,756,000,000	Market Capitalization		225,338,121,450.00
Total Liabilities	131,157,000,000	Outstanding Shares		192,596,685
Retained Earnings	64,807,000,000	Listed Shares		192,596,685
Listing Date	Apr 20, 2012	Issued Shares		192,596,685
Board Lot	5	Free Float Level (%)		43.80%
Par Value	10.00	Foreign Ownership Limit		40%
3. Major Stock Holders
GRAND TITAN CAPITAL HOLDINGS, INC. PCD NOMINEE CORPORATION (NON-FILIPINO) PCD NOMINEE CORPORATION (FILIPINO)				46.43% 31.80% 21.45%
4. Company Descriptions and Business Development
Notes 1. Related companies: GTCAP, MBT, PSB 2. Mary Vy Ty is the wife of Dr. George S.K. Ty. Arthur Vy Ty, Alfred Vy Ty, Anjanette T. Dy Buncio and Alesandra T. Ty are the children of Dr. George S.K. Ty and Mary Vy Ty.
Overview GT Capital is a major Philippine conglomerate with interests in market-leading businesses across banking, property development, automotive assembly, importation and distribution, life and non-life insurance, and infrastructure and utilities. GT Capital is the primary vehicle for the holding and management of the diversified business interests of the Ty family in the Philippines. Business Automotive assembly, importation, distribution, dealership and financing GT Capital primarily conducts its automotive business through its 51.00% interest in Toyota Motor Philippines Corporation (TMP). GT Capital conducts its automotive dealership business through its 58.05% interest in Toyota Manila Bay Corporation (TMBC). TMBC exclusively distributes Toyota motor vehicles in the Luzon island. GT Capital provides financing for the acquisition of Toyota motor vehicles through its 40.00% interest in Toyota Financial Services Philippines Corporation (TFSPH). Banking GT Capital conducts banking services through its 26.47% interest in Metropolitan Bank & Trust company (MBT or Metrobank). MBT is a universal bank that provides, through itself and other members of the MBT Group, a full range of banking and other financial products and services. MBT Group had a total of 959 branches in the Philippines, of which 704 were operated by MBT and 255 were operated by Philippine Savings Bank (PSBank). Property development GT Capital engages in the property development business through its whollyowned subsidiary Federal Land, Inc. (Fed Land or Federal Land) and its 51.00% stake in affordable housing subsidiary, Property Company of Friends, Inc. (Pro-Friends). Life and Non-Life Insurance GT Capital conducts its life and non-life insurance business through its 25.33% interest in Philippine AXA Life Insurance Corporation (AXA Philippines). Infrastructure and Utilities  GT Capital has 15.55% stake in Metro Pacific Investments Corporation (MPIC). Revenue Contribution in 2016 Automotive operations 177,709,000,000 87.92% Real estate sales 12,438,000,000 6.15% Interest income on real estate sales 1,721,000,000 0.85% Equity in net income of associates and joint venture 6,366,000,000 3.15% Sale of goods and services 620,000,000 0.3% Rent income 826,000,000 0.4% Others 2,444,000,000 1.21% Subsidiaries / Associates / Affiliates / Joint Ventures Toyota Motor Philippines Corporation Vehicle sales are divided into locally-manufactured vehicles using both imported and locally-manufactured parts and components, as well as Completely Built Units (CBU) vehicles, which are wholly imported. TMP sells two models, the passenger car Vios and the commercial vehicle Innova. All other vehicle models sold by TMP are imported CBU vehicles. Federal Land, Inc. develops and sells properties of every kind and description. Property Company of Friends, Inc. was founded on a common vision of creating communities and transforming lives by providing quality and affordable homes. Philippine AXA Life Insurance Corporation is the Philippines’ second largest insurance company in terms of total net insurance premium amounting to Php21.5 billion in 2016. AXA Philippines is a joint venture between the AXA Group and the MBT Group. It acquired Charter Ping An Insurance Corporation in 2005. It offers a range of life, non-life and investment-linked insurance products in the Philippines. It has around 12% market share of the Philippines. MBT/PSB will be discussed in a separate section since they are also listed companies.