Friday, February 9, 2018

Filinvest Development Corporation (FDC)

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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
Filinvest Development Corporation (FDC)
Sector
Holding Firms
Incorporation Date
Apr 04, 1973
Subsector
Holding Firms
Number of employees
10,556 (Group Total)
Board of Directors
Chairman Emeritus: Mercedes T. Gotianun, Chairman: Jonathan T. Gotianun
Website / E-mail
http://www.filinvest.com.ph / ir@filinvestgroup.com
2. Stock Information
Total Assets
535,669,684,000
Market Capitalization
74,073,918,196
Total Liabilities
425,807,244,000
Outstanding Shares
9,317,473,987
Retained Earnings
60,130,214,000
Listed Shares
7,716,586,861
Listing Date
Dec 22, 1982
Issued Shares
9,319,872,387
Board Lot
100
Free Float Level (%)
10.08%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
A.L. Gotianun, Inc.
PCD NOMINEE CORPORATION (FILIPINO)
88.21%
09.21%
4. Company Descriptions and Business Development
Notes
1. Related companies: FDC, FLI, EW
Overview
FDC’s operating properties include the Crimson Resort and Spa Mactan, Quest Hotel and Conference Center Cebu, and Crimson Hotel Filinvest City, Manila. The Company is also involved in mall, theater, and resort hotel operations, banking and financial services, sugar farming and milling, and power generation.
As of 2016, the group has 2,435-hectares landbank.
Business
Revenue contribution in 2016 (in million pesos)
Banking
Real Estate
Power
Hotel
Sugar
Others
24,209
22,597
7,545
1,629
2,597
0
41.33%
38.58%
12.88%
2.78%
4.43%
0%



Its revenue amounted to 58,575 million pesos and net income attributable to equity holders of the parent company amounted to 5,502 million pesos.

Subsidiaries / Associates / Affiliates / Joint Ventures
Filinvest Land Inc. (FLI, 59%) is a real estate arm of the group.
Filinvest Alabang, Inc. (FAI, 80%)
East West Banking Corporation (EW, 77.2%)
Pacific Sugar Holdings Corporation (PSHC, 100%) owns 3 Mindanao based sugar companies. They have a sugar mill and refinery with 1,488-ha farm land.
FDC Utilities, Inc. is developing 405 MW clean coal thermal power plant in Mindanao, 270 MW of which is already operational. It also administers around 140 MW geothermal plant awarded by PSALM.
Filinvest Development Cayman Islands
Countrywide Water Service, Inc. 
Chroma Hospitality, Inc (60%) operates Crimson Resort, Quest Hotel, Entrata Hotel, Mimosa Golf, etc.
Filinvest Hospitality Corporation (FHC, 100%)
Countrywide Water Services, Inc

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