Saturday, February 10, 2018

Philab Holdings Corp. (DNA)

This posting may contain out of date contents.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
Philab Holdings Corp. (DNA)
Sector
Small, Medium & Emerging Board
Incorporation Date
Nov 21, 2000
Subsector
Small, Medium & Emerging Board
Number of employees
 (Group Total)
Board of Directors
Chairman: Jun Tsusaka, CEO: Hector Thomas A. Navasero
Website / E-mail
alterracapital@gmail.com
2. Stock Information
Total Assets
2,069,897,504
Market Capitalization
8,826,541,536.80
Total Liabilities
1,697,686,859
Outstanding Shares
2,062,276,060
Retained Earnings
-162,224,316
Listed Shares
62,276,060
Listing Date
Sep 03, 2009
Issued Shares
2,062,276,060
Board Lot
1,000
Free Float Level (%)
14.11%
Par Value
0.25
Foreign Ownership Limit
100%
3. Major Stock Holders (common shares)
Hector Thomas A. Navasero
83.83%
4. Company Descriptions and Business Development
Notes
1. Sylvia A. Navasero is the mother of Navasero.
Overview
It was incorporated as a software company under the name of iRipple, Inc and changed the purpose to holding company under the name of Alterra Capital Partners, Inc. In 2016, Hector Thomas A. Navasero acquired the controlling shares and changed it to DNA for the backdoor listing of Philab Industries Inc. (“Philab”). The acquisition of Philab Industries, Inc by Philab Holdings Corp. (DNA) is not yet completed.


Business
It doesn’t have commercial businesses for now. Since the acquisition is not yet completed, Philab is still a separate company. Philab has been engaged in serving industries in various sectors such as Health care, Pharmaceutical, Education and Research for more than 58 years. Major customers are government departments such as DOH, DOST and DepEd. PHILAB aims to become one of the market leaders in Genomics. 

Business Development
2017:  It announced that it will acquire 67% of pharmaceutical firm Sydenham Laboratories Inc. (SLI). SLI is the country’s only manufacturer of hormone based drugs and has over 300 certificates of product registration.

Subsidiaries / Associates / Affiliates / Joint Ventures
 MedX Pte. Ltd. (“MedX”, 100%), a Singaporean Company, is for the future business.

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