Saturday, February 10, 2018

Solid Group, Inc. (SGI)

This posting may contain out of date contents.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
Solid Group, Inc. (SGI)
Sector
Holding Firms
Incorporation Date
Oct 09, 1933
Subsector
Holding Firms
Number of employees
367 (Group Total)
Board of Directors
Chairman: Elena S. Lim
Website / E-mail
http://www.solidgroup.com.ph
2. Stock Information
Total Assets
11,447,217,510
Market Capitalization
3,096,621,400.00
Total Liabilities
1,351,136,050
Outstanding Shares
1,821,542,000
Retained Earnings
3,210,360,522
Listed Shares
2,030,975,000
Listing Date
Apr 26, 1948
Issued Shares
2,030,975,000
Board Lot
1,000
Free Float Level (%)
21.24%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
David S. Lim
AA Commercial Inc.
AV Value Holding Corporation
10.13%
32.03%
27.45%
4. Company Descriptions and Business Development
Notes
1.
Overview
It was engaged in the manufacture of color television, audio and video products and plastic molding. It phased out all those business and ventured into Filipino brand mobile phone, “myPhone”. MyPhone is distributed through 100 dealer accounts and 1,500 retail outlets.

Business
Revenue contribution in 2016
Digital Mobile Devices
Property & Building
Technical Support
Investment & Others
5,164,417,000
348,734,000
830,053,000
178,895,000
79%
5%
13%
3%


Subsidiaries / Associates / Affiliates / Joint Ventures
My Solid Technologies & Devices Corporation (MySolid, 100%) is engaged in the manufacture, sale, distribution, importation of any type of digital communication devices, communication technology, broadband and audio-video equipment, gadgets and accessories.
SolidGroup Technologies Corporation (SGTC, 100%)
Solid Manila Corporation (SMC, 100%) is engaged in the lease and development of the Company’s real estate properties.
Solid Broadband Corporation (SBC, 100%) acquired SkyCable assets but sold out. It’s no a collecting agent of SkyCable.
MyApp Corporation (MC, 100%)
Zen Towers Corporation (ZTC, 100%)
Omni Solid Services, Inc. (OSSI, 100%) provides logistics and assembly of consumer electronics products.
Laguna International Industrial Park, Inc. (LIIP, 50%)
Green Sun Hotel Management, Inc. (GSHMI, 100%)

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