Megaworld Corporation (MEG)

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1. Company Information
Company Name	Megaworld Corporation (MEG)
Sector	Property		Incorporation Date	Aug 24, 1989
Subsector	Property		Number of employees	1,371(Group Total)
Board of Directors	Chairman: Andrew L. Tan
Website / E-mail	http://www.megaworldcorp.com / jquiazon@megaworldcorp.com
2. Stock Information
Total Assets	296,273,851,000	Market Capitalization		180,540,896,883.20
Total Liabilities	141,853,129,000	Outstanding Shares		32,239,445,872
Retained Earnings	88,809,161,000	Listed Shares		32,370,865,872
Listing Date	Jun 15, 1994	Issued Shares		32,370,865,872
Board Lot	100	Free Float Level (%)		33.67%
Par Value	1.00	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
ALLIANCE GLOBAL GROUP, INC. PCD NOMINEE CORPORATION (NON-FILIPINO) NEW TOWN LAND PARTNERS, INC. PCD NOMINEE CORPORATION (FILIPINO) ALLIANCE GLOBAL GROUP, INC. FIRST CENTRO, INC				35.80% 18.94% 15.65% 14.11% 7.72% 2.70%
4. Company Descriptions and Business Development
Notes 1. Related companies: AGI, MEG, GERI, ELI, SUN and RWM 2. AGI holds 67% effective interest in MEG as of 2016. 3. Andrew L. Tan is married to Director Katherine L. Tan, who is also Director and Treasurer of Emperador Inc. and Alliance Global Group, Inc. Their son, Kevin Andrew L. Tan, is presently a Senior Vice President for Commercial Division of Megaworld while another son, Kendrick Andrew L. Tan, is a Director of Emperador Inc.
Overview The Company was founded by Andrew Tan and incorporated under Philippine law on August 24, 1989 to engage in the development, leasing and marketing of real estate. In 1999, Eastwood City Cyberpark, a mixed-use community, became the first IT park in the Philippines to be designated a PEZA special economic zone. Since its incorporation in 1989, the Company and its affiliates have launched approximately 560 residential buildings, office buildings and hotels consisting in aggregate of more than 12 million square meters of floor area. Business The Company has three primary business segments: (1) real estate sales of residential developments, (2) leasing of office space, primarily to BPO enterprises, and retail space, and (3) management of hotel operations. Revenue contribution in 2016 Real Estate Sales 27,451,000,000 71.06% Leasing Operations 10,012,000,000 25.92% Hotel Operations 1,163,000,000 3.01% Foreign Sales Contribution per Region in 2016 North America 28% Europe 46% Asia 14% Middle East 12% The Company is now developing 22 townships in all over the Philippines. The Company has its own architectural and engineering teams and engages independent groups to carry out the design of its high profile development projects. Subsidiaries / Associates / Affiliates / Joint Ventures Megaworld Land, Inc.(100%) provides a leasing service to the Company by locating tenants. Suntrust Home Developers, Inc.(SUN, 42.48%) is a publicly-listed company which owns interests in a roperty management company. Suntrust Properties, Inc(100%) is engaged in affordable real estate development. Manila Bayshore Property Holdings, Inc(50.92%) Global-Estate Resorts, Inc(GERI, 82.32%) a publicly-listed company which is engaged in diversified portfolio including integrated tourism estates development; horizontal residential subdivision lots and  residential/commercial complexes. Some projects are Boracay Newcoast, Twin Lakes, Forest Hills, Sherwood Hills, Alabang West, etc. Empire East Land Holdings, Inc(81.73%) is a a publicly-listed company that is engaged in the development and marketing of affordable housing projects. Some projects are Laguna Bel-Air, Little Baguio Terraces, South Science Park, etc. Belmont Newport Luxury Hotels, Inc(100%) is engaged in owning, leasing, operation and management of hotels. Prestige Hotels & Resorts, Inc(100%) owns and operates Richmonde Hotels.