Cyber Bay Corporation (CYBR)

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1. Company Information
Company Name	Cyber Bay Corporation (CYBR)
Sector	Property		Incorporation Date	Jul 06, 1989
Subsector	Property		Number of employees	(Group Total)
Board of Directors	Chairman: Oscar L. Paras, Jr.
Website / E-mail	psuchianco@cyber-bay.com
2. Stock Information
Total Assets	614,973,000	Market Capitalization		3,131,164,272.38
Total Liabilities	2,124,596,000	Outstanding Shares		6,806,878,853
Retained Earnings	-11,381,777,000	Listed Shares		6,160,000,000
Listing Date	Mar 19, 1991	Issued Shares		6,806,878,853
Board Lot	10,000	Free Float Level (%)		36.35%
Par Value	1.00	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
PCD NOMINEE CORP. (FILIPINO) PRIMERA COMMERCIO HOLDINGS, INC. GUOCO HOLDINGS (PHILS.), INC. UCPB TA# 99-0196				32.46% 23.51% 21.22% 16.08%
4. Company Descriptions and Business Development
Notes 1. Manila Bay reclamation was started in 1977 by Imela Marcos and now it’s the home of Cultural Center of the Philippines, Entertainment City, Mall of Asia, etc.
Overview Its purpose was to undertake real estate development (except real estate subdivision) and reclamation.  It changed its name from First Lepanto Corporation Guoco Land (Philippines), Inc. and then to Cyber Bay Corporation in 2000. In 1996, it sold several companies such as Tutuban Properties Inc, Mandaue Resources and Realty Corp. to Prime Orion Philippines, Inc. (POPI) and get full control on Central Bay Reclamation and Development Corporation including its Joint Venture Agreement (JVA) with the Public Estates Authority (PEA) (now known as the Philippine Reclamation Authority) to reclaim 750 hectares of land along Manila Bay (the Cyber Bay Project) as its new property core holding. However, in 2002, Supreme Court nullified the JV.  After long dispute, it reached a agreement that PRA will cede parcels of land with value equal to the validated claim of P1.027 billion. It’s still under Commission on Audit’s (COA) review.  Business It is still waiting for the final decision from COA. Only after that, it can start business since its only property is the claimed land. Subsidiaries / Associates / Affiliates / Joint Ventures