Friday, February 9, 2018

PTFC Redevelopment Corporation (TFC)

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For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
PTFC Redevelopment Corporation (TFC)
Sector
Property
Incorporation Date
Mar 28, 1951
Subsector
Property
Number of employees
3 (Group Total)
Board of Directors
Chairman: Bienvenido A. Tan, Jr.
Website / E-mail
http://www.ptfc-brc.com/info
2. Stock Information
Total Assets
381,011,195
Market Capitalization
1,204,000,000.00
Total Liabilities
66,487,793
Outstanding Shares
35,000,000
Retained Earnings
98,391,939
Listed Shares
35,000,000
Listing Date
Dec 19, 1955
Issued Shares
35,000,000
Board Lot
100
Free Float Level (%)
55.15%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
L'Hirondelle Holdings Inc.
BBB Management Inc.
34.10%
10.26%
4. Company Descriptions and Business Development
Notes
1. Bienvenido A. Tan, Jr. is the father of Bienvenido A. Tan III and Ignacio Luis P. Tan.
2. Bienvenido A. Tan, Jr. is the chairman of Xavier School, St. Therese College Manila, etc.
Overview
TFC, formerly, Philippine Tobacco Flue-Curing and Redrying Corporation. Since the tobacco business had been incurring losses, it changed the primary purpose to real estate business in 2014.
Business
Revenue Contribution in 2016
Rental
Other operating income
139,202,000
13,167,000
89%
11%
It rents out warehouses and other spaces in Quezon City.

Subsidiaries / Associates / Affiliates / Joint Ventures
Baesa Redevelopment Corporation (“BRC”, 100%)
LE Rossignol, Inc. (18%)
Saratoga Holdings, Inc. (18%)

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MARKET ISSUES

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