Saturday, February 10, 2018

Suntrust Home Developers, Inc. (SUN)

This posting may contain out of date contents.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
Suntrust Home Developers, Inc. (SUN)
Sector
Property
Incorporation Date
Jan 18, 1956
Subsector
Property
Number of employees
533 (Group Total)
Board of Directors
Chairman: Ferdinand B. Masi
Website / E-mail
http://www.suntrusthomedev.com / budget@megaworld.com
2. Stock Information
Total Assets
726,714,182
Market Capitalization
1,890,000,000.00
Total Liabilities
405,635,169
Outstanding Shares
2,250,000,000
Retained Earnings
-1,766,770,962
Listed Shares
2,250,000,000
Listing Date
Feb 11, 1959
Issued Shares
2,250,000,000
Board Lot
1,000
Free Float Level (%)
38.52%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
Megaworld Corporation
ownsquare Development, Inc.
42.48%
10.44%
4. Company Descriptions and Business Development
Notes
1. Related companies: MEG, AGI and GERI, ELI, RWM, EMP
Overview
SUN currently does not have any business operations and is not offering any product or service. However, through its wholly-owned subsidiary, First Oceanic Property Management, Inc. (FOPMI), the Company is engaged in property management of residential and office buildings and private estates. FOPMI holds 100% of the outstanding shares of stock of CityLink Coach Services, Inc., which is engaged in overland transport, carriage, moving or haulage of passengers, fares, customers and commuters as well as freight, cargo, articles, items, parcels, commodities, goods or merchandise by means of coaches, buses, coasters, jeeps, cars and other similar means of transport.
Business
Revenue contribution in 2016
Management fees
Service income
Rental
Others
366,587,074
27,333,182
15,853,676
7,577,354
87%
7%
4%
2%


Rental
It has six condominium units at Sheraton Marina Square for lease.

Subsidiaries / Associates / Affiliates / Joint Ventures
First Oceanic Property Management, Inc (FOMPI, 100%)
Citylink Coach Services, Inc. (Citylink, 100% by FOPMI)

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MARKET ISSUES

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