Philippine H2O Ventures Corp. (H2O)

This posting may contain out of date contents.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 H2O Ventures Corp. (H2O)
Sector	Industrial		Incorporation Date		Jan 30, 2011
Subsector	Electricity, Energy, Power & Water		Number of employees		129 (Group Total)
Board of Directors	Chairman: Jolly L. Ting
Website / E-mail	http://www.h2o.ph
2. Stock Information
Total Assets	1,149,957,993	Market Capitalization		1,702,690,528.00
Total Liabilities	635,136,584	Outstanding Shares		243,241,504
Retained Earnings	158,515,917	Listed Shares		243,241,504
Listing Date	Nov 24, 2011	Issued Shares		243,241,504
Board Lot	100	Free Float Level (%)		37.92%
Par Value	1.00	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
Jolliville Holdings Corporation				33.51%
4. Company Descriptions and Business Development
Notes 1. Related companies: JOH 2. JOH held directly/indirectly 63.17% of H2O but UDEVCO acquired 62% of the stakes from various shareholders in late 2017. It is not a subsidiary of JOH anymore. UDEVCO is a holding company of Dennis Uy who also controls PNX, CLC and 2GO.
Overview CWWC currently serves 12,648 residential and 736 commercial clients. Groundwater is the source of water supply in Calapan City. It also operates Tabuk water system which has 3,475 clients. Business Total subscribers are 17,907 as of 2016. Water service Others 223,079,762 422,501 99% 1% Subsidiaries / Associates / Affiliates / Joint Ventures Calapan Waterworks Corporation (“CWWC”, 99.71%) owns, operates and manages the waterworks system of Calapan City, Oriental Mindoro. Metro Agoo Waterworks Inc. (“MAWI”) started operation in 2016. Nation Water Corporation (“Nation Water”, 39.87% by CWWC) Agoo Waterworks, Inc. (MAWI, 84.71% by CWWC)