Pryce Corporation (PPC)

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1. Company Information
Company Name	Pryce Corporation (PPC)
Sector	Industrial		Incorporation Date		Sep 07, 1989
Subsector	Chemicals		Number of employees		187 (Group Total)
Board of Directors	Chairman: Salvador P. Escaño
Website / E-mail	www.pryce.com.ph / epe@pryce.com.ph
2. Stock Information
Total Assets	9,189,642,105	Market Capitalization		13,100,000,000.00
Total Liabilities	2,194,505,478	Outstanding Shares		2,000,000,000
Retained Earnings	1,557,023,415	Listed Shares		1,822,993,750
Listing Date	Oct 29, 1991	Issued Shares		2,000,000,000
Board Lot	100	Free Float Level (%)		72.56%
Par Value	1.00	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
Hinundayan Holdings Corp. Josefina Multi-Ventures Corporation Pryce Securities, Inc.				8.04% 5.43% 2.68%
4. Company Descriptions and Business Development
Notes 1. PGI holds 77% of Hinundayan Holdings Corp. 2. It’s seeking to sell non-memorial land to focus on LPG businesses.
Overview It was a property company till 1997 crisis. Since 2004, it was under rehabilitation proceedings but graduated from it in 2015. It is now engaged in real estate (memorial park), LPG and gases, hotel (Pryce Plaza) and drug store.  It has now 5 memorial parks in various locations. PGI has the following LPG market shares in the following regions as of 2016: 25.89% in Mindanao, 21.83% in Visayas, and 9.97% in Luzon. It imports LPG from Asian countries. Business Revenue contribution in 2016 LPG and gases Real estates Hotel Phamaceutical products 6,516,302,298 133,566,654 37,078,534 35,212,974 96% 2% 1% 1% Real estates are mainly from sale of memorial lots. Subsidiaries / Associates / Affiliates / Joint Ventures Pryce Gases, Inc. (“PGI”, 91.04%) is principallly engaged in the importation and distribution of liquefied petroleum gas (LPG) under the brand name PryceGas. It also manufactures oxygen (medical and industrial) and other gases in its 8 facilities. Also, it has 35 autogas stations. It has 22,313 metric tons (MT) of storage capacity in 47 storage facilities and has 32 refilling plants. Oro Oxygen Corporation (99.62% by PGI) sells PGI’s products in NCR and Luzon. Pryce Pharmaceuticals, Inc. (directly/indirectly 88.61%) sells multi-vitamins and generic drugs.