Saturday, February 10, 2018

Philippine Estates Corporation (PHES)

This posting may contain out of date contents.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
Philippine Estates Corporation (PHES)
Sector
Property
Incorporation Date
May 24, 1983
Subsector
Property
Number of employees
55 (Group Total)
Board of Directors
Chairman: Arthur Lopez, Vice chairman: Kenneth Gatchalian
Website / E-mail
http://www.phes.net / phes@edsamail.com.ph
2. Stock Information
Total Assets
1,540,416,713
Market Capitalization
542,081,186.25
Total Liabilities
470,297,111
Outstanding Shares
1,445,549,830
Retained Earnings
-375,430,226
Listed Shares
1,445,549,828
Listing Date
Jan 21, 1985
Issued Shares
1,445,549,830
Board Lot
10,000
Free Float Level (%)
52.57%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
RECOVERY REAL ESTATE CORPORATION
REXLON REALTY GROUP, INC.
ROPEMAN INTERNATIONAL CORPORATION
THE WELLEX GROUP
10.38%
13.87%
12.33%
10.64%
4. Company Descriptions and Business Development
Notes
1. Related companies: WIN, ACE, WPI
2. All those major stock holder companies mentioned above are representied by Dee Hua T. Gatchalian.
3. Dee Hua T. Gatchalian is the mother of Keneth and senator Sherwin Ting Gatchalian.
Overview
It is a real estate company. It acquired land from its stockholders by releasing additional shares to them. It has hotel, residential, mixed-use projects under construction and for future development. Its projects are mainly located in Manila, Cebu and Iloilo.


Business
Revenue contribution in 2016
Real Estate Sales
Others
69,960,774
11,779,538
86%
14%

Subsidiaries / Associates / Affiliates / Joint Ventures

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MARKET ISSUES

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