Saturday, February 10, 2018

Premiere Horizon Alliance Corporation (PHA)

This posting may contain out of date contents.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
Premiere Horizon Alliance Corporation (PHA)
Sector
Services
Incorporation Date
Jan 13, 1988
Subsector
Other Services
Number of employees
 (Group Total)
Board of Directors
Chairman: Teofilo A. Henson
Website / E-mail
http://www.premierehorizon.com / investors@premierehorizon.com
2. Stock Information
Total Assets
4,469,046,000
Market Capitalization
716,573,120.04
Total Liabilities
3,574,582,000
Outstanding Shares
1,990,480,889
Retained Earnings
81,808,000
Listed Shares
1,648,592,000
Listing Date
May 05, 1997
Issued Shares
1,815,480,889
Board Lot
10,000
Free Float Level (%)
81.69%
Par Value
0.25
Foreign Ownership Limit
100%
3. Major Stock Holders (common shares)
Augusto Antonio C. Serafica, Jr.
Teofilo A. Henson
Siso M. Lao
5.73%
2.51%
8.96%
4. Company Descriptions and Business Development
Notes
1.
Overview
PHA, formerly Premiere Films International, Inc., is mainly engaged in real estate business. Its subsidiary Total GameZone Xtreme Inc. (TGXI) was sold to LR (a listed company) in 2014.

Business
Revenue contribution in 2016
Real estate
Contract Mining
Service Contracts
Film rights
605,423,264
297,833,328
7,882,924
0
66%
33%
1%

Contract Mining
It is conducting several contract mining such as MARC’s mine, BC’s mine and Cagdianao Mine.
Service Contracts
CUBES have 9 sites for the installment in 2016.
Real Estates
It has 17 projects under construction. GLCI develops and sell innovative master planned communities of low to mid rise residential and commercial condominiums including student dormitories.

Subsidiaries / Associates / Affiliates / Joint Ventures
Premiere Horizon Business Services, Inc. (100%)
PH Mining and Development Corporation (100%)
Goshen Land Capital Inc. (GLCI, 55%)
West Palawan Premiere Development Corp. (100%) has 500-ha land for development
Redstone Construction & Development Corporation (RCDC, 80%) provides mining service like hauling and excavation to mining companies. It has equipments like 89 dump trucks, 39 heavy equipment and 15 service vehicles.
Concepts Unplugged Business Environment Solutions, Inc. (CUBES, 51%), through a MOA with Linc International Management Consulting, Inc. (LIMC) provides refrigeration to established cold storage facilities through a patented Thermo Chiller system. The technology uses alternative fuel like biomass for electricity requirements.
Digiwave Solutions Inc. (DSI, 100% All assets are sold to LR.

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MARKET ISSUES

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