For the updated or exact information, you should check edge.pse.com.ph or their official website.
1.
Company Information
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Company Name
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MEDCO Holdings, Inc. (MED)
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Sector
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Financials
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Incorporation Date
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Oct 23, 1969
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Subsector
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Other Financial Institutions
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Number of employees
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(Group Total)
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Board of Directors
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Chairman: Bobby Cheng Sai Chong
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Website / E-mail
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http://www.medco.com.ph / maic@medco.com.ph
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2.
Stock Information
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Total Assets
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44,554,787
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Market Capitalization
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392,000,000.00
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Total Liabilities
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5,357,579
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Outstanding Shares
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700,000,000
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Retained Earnings
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-807,635,163
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Listed Shares
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700,000,000
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Listing Date
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Nov 18, 1975
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Issued Shares
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700,000,000
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Board Lot
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1,000
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Free Float Level (%)
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53.95%
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Par Value
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1.00
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Foreign Ownership Limit
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100%
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3.
Major Stock Holders (common shares)
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Citivest Asia Limitted
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46.04 %
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4.
Company Descriptions and Business Development
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Notes
1.
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Overview
In May 1995, the Lippo Group through Citivest Asia
Limited (“Citivest”) acquired approximately 67% stake but divested around
19%. It is now a holding company. It is now undergoing recapitalization
process.
Business
No significant business activities except for the
dividend from Manila Exposition Complex, Inc.
Subsidiaries /
Associates / Affiliates / Joint Ventures
Medco Asia Investment Corp. (64.5%)
owns
Outperform Holdings, Inc. and Safehabor holdings, Inc.
Export & Industry Bank, Inc
(2.45%)
Manila Exposition Complex, Inc
(18.18%)
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