Friday, February 9, 2018

Jolliville Holdings Corporation (JOH)

This posting may contain out of date contents.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
Jolliville Holdings Corporation (JOH)
Sector
Holding Firms
Incorporation Date
Sep 03, 1986
Subsector
Holding Firms
Number of employees
 (Group Total)
Board of Directors
Chairman: Jolly L. Ting
Website / E-mail
http://www.joh.ph / info@jhc.ph
2. Stock Information
Total Assets
4,971,038,009
Market Capitalization
1,339,940,000.00
Total Liabilities
2,908,491,958
Outstanding Shares
281,500,000
Retained Earnings
1,065,381,168
Listed Shares
281,500,000
Listing Date
Jun 17, 2002
Issued Shares
281,500,000
Board Lot
1,000
Free Float Level (%)
34.24%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
Elgeete Holdings Inc.
44.68%
4. Company Descriptions and Business Development
Notes
1. Elgeete is a holding company of the Ting Family.
2.  Jolly L. Ting was mainly engaged in famous nightclub business in the Philippines but diversified into water, power, tourism and property business.
3. In lated 2017, it sold 36.728% of H2O stakes to Udenna Development Corp. (UDEVCO). UDEVCO acquired total 62% of H2O stakes.
Overview
The Group (refers to Jolliville Holdings Corporation and its subsidiaries) has principal business interests in leasing, management services, property development, land banking, local waterworks system, business process outsourcing, and power generation.

Business
Revenue contribution in 2016
Power
Water
Rental
Technical service
Equity earnings and others
315
223
69
65
276
33.23%
23.52%
7.28%
6.86%
29.11%


Subsidiaries / Associates / Affiliates / Joint Ventures
Jolliville Group Management, Inc. (JGMI, 100%) provides management, investment and technical advices.
Ormina Realty and Development Corporation (ORDC, 100%) leases equipment to KTV entertainment/recreation centers.
Jolliville Leisure and Resort Corporation (JLRC, 100%) holds 37.6% stake in Eagle Ridge Hotel Corporation.
Granville Ventures, Inc. (GVI, 100%)
Ormin Power Inc. (OPI, 60%) operates a power plant in Calapan City using bunker fuel.
Ormin Holdings Corporation (OHC, 100%) has several property subsidiaries.
Philippine H2O Ventures Corporation (H2O, total 63.17%, a listed company)
Calapan Waterworks Corporation (CWWC, 99.54% owned by H2O) owns 48% of Metro Agoo Waterworks, Inc.
Tabuk Water Corp. (100%) owns 48% of Nation Water Corp.

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