Friday, February 9, 2018

Marcventures Holdings, Inc.

This posting may contain out of date contents.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
Marcventures Holdings, Inc.
Sector
Mining and Oil
Incorporation Date
Aug 07, 1957
Subsector
Mining
Number of employees
 (Group Total)
Board of Directors
Chairman: Cesar C. Zalamea
Website / E-mail
www.marcventuresholdings.com / mhicorporate@marcventures.com.ph
2. Stock Information
Total Assets
3,995,185,981
Market Capitalization
3,134,950,618.30
Total Liabilities
794,411,941
Outstanding Shares
1,844,088,599
Retained Earnings
1,094,556,444
Listed Shares
1,821,327,687
Listing Date
Jan 10, 1958
Issued Shares
1,844,088,599
Board Lot
1,000
Free Float Level (%)
41.94%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
Bright Kindle Resources & Investments, Inc.
Arturo L. Tiu
Sonia T. Techico
Dy Chi Hing
32.54%
04.75%
07.05%
11.85%
4. Company Descriptions and Business Development
Notes
1. Isidro C. Alcantara, Jr. is the father of Reuben Alcantara.
2. Related companies: PRIM, BKR, BC, MARC
Overview
Its main product is nickel ore. All of its nickel ore productions are exported to China.

Business
It has only one business segment which is mining exploration and development.
Its revenue amounted to P1919 million with around P5 millions of net income in 2016.


Business Development
2017, it announced the merger of Marcventures Holdings Inc., Asia Pilot Mining Phils. Corp. and BrightGreen Resources Holdings Inc. with Marcventures Holdings Inc. as the surviving entity. It will issue additional 1,125 million new shares at P1. MACR increased authorized capital stock to 4 billion.

Subsidiaries / Associates / Affiliates / Joint Ventures
Marcventures Mining & Development Corporation (MMDC, 100%)
Asia Pilot Mining Philippines Corp. (APMPC, 100%) is the owner of Alumina Mining Philippines Inc. (AMPI, MPSA for 6694-ha area) and Bauxite Resources Inc. (BARI, MPSA for 5435-ha area). It generated no revenue in 2016. It’s a Bauxite mine.
BrightGreen Resources Corp. (BRC, 100%, MPSA for 4860-ha area) owns BrightGreen Resources Corp. (BRGC). It’s a Bauxite mine.

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