PhilWeb Corporation (WEB)

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1. Company Information
Company Name	PhilWeb Corporation (WEB)
Sector	Services		Incorporation Date		Aug 20, 1969
Subsector	Information Technology		Number of employees		216 (Group Total)
Board of Directors	Chairman: Gregorio Ma. Araneta III
Website / E-mail	http://www.philweb.com.ph / info@philweb.com.ph
2. Stock Information
Total Assets	477,234,442	Market Capitalization		11,542,438,507.20
Total Liabilities	386,291,342	Outstanding Shares		1,435,626,680
Retained Earnings	1,649,739,393	Listed Shares		1,447,128,838
Listing Date	Dec 08, 1969	Issued Shares		1,517,007,618
Board Lot	100	Free Float Level (%)		25.09%
Par Value	1.00	Foreign Ownership Limit		100%
3. Major Stock Holders (common shares)
Araneta III, Gregorio Ma. PhilWeb Casino Corporation				54.66% 18.01%
4. Company Descriptions and Business Development
Notes 1. Since August 2016, it couldn’t operate because PAGCOR decided not to renew the Interllectual Property License and Management Agreement (IPLMA) with WEB. Because of this issue, Gregorio Ma. Araneta III acquired the controlling shares from Robert Ongpin, the original owner. WEB could get the IPLMA on October, 2017. 2. New owner is now aggressively acquiring e-games sites in exchange of WEB shares. 3. Related companies: WEB, ARA
Overview  In 2005, the Company changed its primary purpose to that of application service provider for gaming and internet business activities as one of its secondary purposes. Its main business is operating Internet cafes exclusively dedicated to casino games. There are currently 288 operating e-Games cafes across the country, majority of which are owned and operated by independent operators using the WEB more than 300 casino games.  Business Internet application Services Commission Scratch Cards 832,466,562 187,260,000 0 82% 18% 0% Subsidiaries / Associates / Affiliates / Joint Ventures BigGame, Inc. operates internet casino stations