For the updated or exact information, you should check edge.pse.com.ph or their official website.
1.
Company Information
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Company Name
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TKC Metals Corporation (T)
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Sector
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Industrial
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Incorporation Date
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Nov 28, 1996
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Subsector
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Construction, Infra. & Allied Services
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Number of employees
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(Group Total)
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Board of Directors
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Chairman: Ben C. Tiu
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Website / E-mail
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http://www.tkcsteel.com
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2.
Stock Information
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Total Assets
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5,681,028,619
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Market Capitalization
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1,146,800,000.00
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Total Liabilities
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5,662,511,586
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Outstanding Shares
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940,000,000
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Retained Earnings
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-3,384,630,372
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Listed Shares
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940,000,000
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Listing Date
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Jul 20, 2001
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Issued Shares
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940,000,000
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Board Lot
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1,000
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Free Float Level (%)
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29.04%
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Par Value
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1.00
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Foreign Ownership Limit
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100%
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3.
Major Stock Holders (common shares)
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Star Equities, Inc.
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70.95%
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4.
Company Descriptions and Business Development
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Notes
1. Ben C. Tiu is the eldest son of John Tiu Ka Cho.
JTKC group, founded by John Tiu Ka Cho, controls Discovery Word (DWC), TKC
metals (T), I-Remit (I, a listed company) and Sterling Bank.
2. JTKC Equities, Inc (JEI) is the ultimate parent.
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Overview
T is engaged in the business of manufacturing and
distributing steel products through its two subsidiaries namely, Treasure
Steelworks Corporation (TSC), and Zhangzhou Stronghold Steel Works Co. Ltd
(ZZS). TSC manufactures steel billets, which in turn become the raw materials
of downstream steel products such as bars, wire rods and sections. ZZS
manufactures various types of steel pipes and undertakes the distribution of
its products in China and other export markets.
Business
Revenue
contribution in 2016
It recorded around P400 millions of net loss in 2016.
Subsidiaries /
Associates / Affiliates / Joint Ventures
Billions Steel International
Limited (billions, 100%) is incorporated in Hongkong as an investment holding
company.
Treasure Steelworks Corp. (Treasure,
98%)
manufactures steel products. It suspended its plant operation in Iligan City
in 2013. It is planning to produce nickel concentrate and nickel pig iron
instead because it requires less electricity. It almost finished the
refurbishment and upgrade for this purpose as of 2016.
Campanilla Mineral Resources, Inc
(70%)
Zhangzhou Stronghold Steel Works
Co. Ltd. (ZZ Stronghold, 91% by billions) is incorporated in China to
manufactures steel pipes.
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