Friday, February 9, 2018

NiHAO Mineral Resources International, Inc. (NI)

This posting may contain out of date contents.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
NiHAO Mineral Resources International, Inc. (NI)
Sector
Mining and Oil
Incorporation Date
Jul 09, 1975
Subsector
Mining
Number of employees
4 (Group Total)
Board of Directors
Chairman: Atty. Antonio Victoriano F. Gregorio III
Website / E-mail
http://www.nihaomining.com / info@nihaometals.com
2. Stock Information
Total Assets
988,106,864
Market Capitalization
1,525,100,000.00
Total Liabilities
24,723,354
Outstanding Shares
1,010,000,000
Retained Earnings
-745,613,059
Listed Shares
600,000,000
Listing Date
Oct 03, 1990
Issued Shares
1,010,000,000
Board Lot
1,000
Free Float Level (%)
37.66%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
Jerry C. Angping
San Ho Cheng
Nickel Asia Corporation
46.80%
05.44%
10.00%
4. Company Descriptions and Business Development
Notes
1.
Overview
The Company’s vision is to become a leading nickel mining and processing company in the Philippines. It has three (3) mining claims located in the provinces of Zambales, Misamis Oriental and Masbate. The Company’s Mining Claims cover a total of approximately 13,962 hectares.
Business
No commercial operation yet.

Subsidiaries / Associates / Affiliates / Joint Ventures
Mina Tierra Gracia, Inc. (100%)
Bountiful Geomines, Inc. (100%)
Oregalore, Inc. (100%)
Masbate 13 Philippines, Inc. (80% by Oregalore)

+++++++++++++++++++++++++++++++++++++++++

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...