Friday, February 9, 2018

IPM Holdings, Inc. (IPM)

This posting may contain out of date contents.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
IPM Holdings, Inc. (IPM)
Sector
Services
Incorporation Date
Aug 31, 1995
Subsector
Other Services
Number of employees
50 (Group Total)
Board of Directors
Chairman: Isabelita P. Mercado, Director: Antonio Victoriano F. Gregorio III
Website / E-mail
http://www.ipmholdings.com.ph / info@ipmholdings.com.ph
2. Stock Information
Total Assets
1,337,738,550
Market Capitalization
5,754,600,000.00
Total Liabilities
292,403,258
Outstanding Shares
690,000,000
Retained Earnings
314,396,115
Listed Shares
690,000,000
Listing Date
Jun 17, 1998
Issued Shares
690,000,000
Board Lot
100
Free Float Level (%)
31.49%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
IPM Construction and Development Corp.
IPM Environmental Services Inc.
PM Realty and Development Corp.
50.72%
10.14%
07.25%
4. Company Descriptions and Business Development
Notes
1. Atty. Gregorio is a Partner at Gregorio Law Offices and sits as director and officer of various public and private companies.
2. Ms. Isabelita P. Mercado is the mother of Mr. Francis Neil P. Mercado.
3. In late 2017, DENR ordered closure of Payatas Landfill permanently.
Overview
Through its subsidiary BEST, it operates its own sanitary landfill facility, Morong Sanitary Landfill, and maintains Payatas Landfill under the contract with its affiliate IPMESI.
It is planning to develop BEST’s businesses in other branches of waste management such as Bio medical waste, hazardous waste, construction waste and etc.


Business
Revenue contribution in 2016
Service
Rental
275,780
78,810
77.77%
22.23%
Net income was Php94.27 million.

Subsidiaries / Associates / Affiliates / Joint Ventures
Basic Environmental Systems & Technologies, Inc. (BEST, 75%) is engaged in contracting and consulting business for waste management, public cleansing, sanitation and general hygiene to provide comprehensive waste disposal services.
IPM Environmental Services, Inc.(IPMESI)
Ecoedge Resources Corporation (Ecoedge, 60% by BEST) operates a refuse-derived fuel (RDF) facility, which involves the processing of solid waste into fuel for the cement and power generation industries, in substitution for coal.
IPM Realty & Development Corp., developed Lee Gardens Towers, Woodhills Residences, Northfields Rosewoods, etc. It’s a member company of IPM Group.
IPM Construction & Development Corp., an AAA contractor, is involved in various projects of country’s leading developers. It’s a member company of IPM Group.
Metro Clark Waste Management Corp. (MCWMC, 16%)

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