Monday, February 5, 2018

Robinsons Land Corporation (RLC)

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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
Robinsons Land Corporation (RLC)
Sector
Property
Incorporation Date
Jun 04, 1980
Subsector
Property
Number of employees
7,789 (Group Total)
Board of Directors
Chairman: James L. Go, Vice Chairman: Lance Y. Gokongwei
Website / E-mail
http://www.robinsonsland.com / investor.relations@robinsonsland.com
2. Stock Information
Total Assets
136,519,524,245
Market Capitalization
100,708,234,851.00
Total Liabilities
70,527,812,613
Outstanding Shares
4,093,830,685
Retained Earnings
41,572,299,715
Listed Shares
4,093,830,685
Listing Date
Oct 16, 1989
Issued Shares
4,093,830,685
Board Lot
100
Free Float Level (%)
38.59%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
J. G. SUMMIT HOLDINGS, INC.
PCD NOMINEE CORPORATION (NON-FILIPINO)
PCD NOMINEE CORPORATION (FILIPINO)
60.97%
26.11%
12.08%
4. Company Descriptions and Business Development
Notes
1. Related companies: JGS and URC, RRHI
Overview
RLC was incorporated on June 4, 1980 as the real estate investment arm of JG Summit Holdings Inc. (JGS). It is engaged in the development and operation of shopping malls and hotels, and the development of mixed-use properties, office and residential buildings, as well as land and residential housing developments.

Business
Revenue contribution in 2016
Commercial
Residential
Office Building
Hotel
10,017,471,688
7,829,061,783
2,924,219,283
1,807,598,592
44.37%
34.68%
12.95%
8.01%

RLC’s operations are divided into its four business divisions.
Commercial Center Division develops, leases and manages shopping malls throughout the Philippines. As of September 30, 2016, RLC operated 44 shopping malls. The Commercial Centers Division’s main revenue stream is derived from the lease of commercial spaces. It accounts for around 45% of RLC’s total revenue.
Residential Division develops and sells residential developments for sale/pre-sale. It accounts for around 34% of the total revenue. It has four (4) different brand based on the target markets namely Luxuria, Residences, Communities, Homes.
Office Buildings Division develops office buildings for lease. It accounts for around 13% of the revenue. Major customers are BPO companies.
Hotels Division owns and operates hotels in Metro Manila and other urban areas throughout the Philippines.  Some brands are Crowne Plaza and Holiday Inn both managed by the InterContinental Hotels Group, ummit
Circle Cebu, Summit Ridge Tagaytay and Summit Hotel Magnolia which are under the Summit brand, and a network of ten (10) Go Hotels all over the Philippines. It accounts for around 8% of the revenue.

Subsidiaries / Associates / Affiliates / Joint Ventures
Robinson's Inn, Inc. is part of the Company’s hotels division, and runs the Robinsons Apartelle.
Robinsons (Cayman) Limited acts as a real estate agent on the international market, among others, for the Residential Division.
Lingkod Pinoy Bus Liner, Inc .is engaged in land transportation for the transportation and carriage of passengers, goods, and merchandise within any place in the Philippines.
Altus Angeles, Inc. establishes, manages and maintains commercial complexes, offer such services and merchandise of all kinds.

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