Friday, February 9, 2018

Mabuhay Holdings Corporation (MHC)

This posting may contain out of date contents.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
Mabuhay Holdings Corporation (MHC)
Sector
Holding Firms
Incorporation Date
Apr 06, 1988
Subsector
Holding Firms
Number of employees
8 (Group Total)
Board of Directors
Chairman: Roberto V. San Jose, Director: Esteban G. Peña Sy
Website / E-mail
http://mabuhayholdingscorp.com / admin@mabuhayholdingscorp.com
2. Stock Information
Total Assets
1,687,223,020
Market Capitalization
426,000,000.00
Total Liabilities
524,413,118
Outstanding Shares
1,200,000,000
Retained Earnings
112,414,722
Listed Shares
1,200,000,000
Listing Date
Oct 22, 1990
Issued Shares
1,200,000,000
Board Lot
10,000
Free Float Level (%)
35.85%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
Prokey Investment Ltd
Asia Development Capital Co. Ltd
29.27%
29.85%
4. Company Descriptions and Business Development
Notes
1. Prokey Investment Ltd is is a 100% Filipino-owned company registered in the British Virgin Islands.  Mr. Esteban Peña Sy exercised the right but the real owner is not known.
Overview
It is a holding company principally engaged in the acquisition and disposition of investments in securities, stocks, real and personal properties, and of any kind of properties and of investments in other entities.


Business
There is no significant commercial operation except for IRC.

Subsidiaries / Associates / Affiliates / Joint Ventures
IRC Properties, Inc. (IRC, total 38% directly and indirectly)
T & M Holdings, Inc. (100%) has a 24.34% stake in IRC.
M & M Holdings Corporation (M&MHC) (100%)
Tagaytay Properties and Holdings Corporation (TPHC, 26.04%)
The Taal Company, Inc. (TTCI) (29.97%)

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MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...