Monday, February 5, 2018

Semirara Mining and Power Corporation (SCC)

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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
Semirara Mining and Power Corporation (SCC)
Sector
Mining and Oil
Incorporation Date
Feb 26, 1980
Subsector
Mining
Number of employees
787 (Group Total)
Board of Directors
Chairman: Isidro A. Consunji, Vice Chairman: Victor A. Consunji
Website / E-mail
 investor_relations@dmcinet.com
2. Stock Information
Total Assets
65,947,703,776
Market Capitalization
157,875,448,926.00
Total Liabilities
30,762,676,887
Outstanding Shares
4,261,145,720
Retained Earnings
27,851,700,151
Listed Shares
4,264,609,290
Listing Date
Nov 28, 1983
Issued Shares
4,264,609,290
Board Lot
100
Free Float Level (%)
26.58%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
DMCI HOLDINGS, INC.
PCD Filipino
DACON CORPORATION
PCD Non-Filipino
PRIVATIZATION AND MANAGEMENT OFFICE
56.32 %
13.80 %
12.47 %
10.02 %
03.41 %
4. Company Descriptions and Business Development
Notes
1. Related companies: DMC, SCC
Overview
The Company was incorporated on February 26, 1980 to explore, develop, and mine the coal resources in Semirara Island. Since then it diversified into other sectors such as power generation.

Business
Revenue contribution per sector in 2016
Coal Sales
SCPC
SLPGC
24,157,000,000
10,984,000,000
5,747,000,000
59.08%
26.82%
14.10%


Coal
It sold around 59% to export market, 33% to power plants, 6% to cement and 2% to others in 2016. The mine is located in Semirara Island covering an area of 3,832 hectares.
Power
It supplies power under various bilateral contracts and its excess power generated is sold to WESM (Whole Sale Electricity Spot Market).
Industrial Park
Its plan to develop part of Calaca Power Plants complex into an economic zone is still under study.
Semirara Claystone, Inc.
It’s for the “Clay and other related raw material” business but not yet started commercial operation.
SLPGC operates 2x150 MW Coal Fired Thermal Power Plant and developing another 350 MW plant. If it finishes all the expansion projects, the total generation capacity of the SCC will reach to 1,250 MW.

Subsidiaries / Associates / Affiliates / Joint Ventures
SEM-Calaca Power Corporation (SCPC) was incorporated in 2009 to engage in the business of power generation. It operates 600 MW thermal coal-fired power plant in Calaca, Batangas.
SEM-Cal Industrial Park Developers Inc. (SIPDI) was incorporated in 2011 to engage the development of economic zone.
Southwest Luzon Power Generation Corporation (SLPGC) was incorporated in 2011 to engage in the business of power generation.
Semirara Claystone Inc. (SCI) was incorporated in 2012 to engage in the business of manufacturing of clay products.
Semirara Energy Utilities Inc. (SEUI) was incorporated in 2013 to perform qualified third party functions as an alternative electric service provider authorized to serve remote and unviable areas.
Southeast Luzon Power Generation Corporation (SELPGC) was incorporated in 2013 to engage in the business of power generation.

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