Saturday, February 10, 2018

Vantage Equities, Inc. (V)

This posting may contain out of date contents.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
Vantage Equities, Inc. (V)
Sector
Financials
Incorporation Date
Oct 20, 1992
Subsector
Other Financial Institutions
Number of employees
 (Group Total)
Board of Directors
Chairman: Valentino C. Sy
Website / E-mail
http://www.ivantage.ph / investor@ivantage.ph
2. Stock Information
Total Assets
9,602,406,014
Market Capitalization
5,207,482,009.84
Total Liabilities
558,140,569
Outstanding Shares
4,199,582,266
Retained Earnings
3,480,898,028
Listed Shares
4,335,181,766
Listing Date
Mar 30, 1993
Issued Shares
4,335,181,766
Board Lot
1,000
Free Float Level (%)
48.19%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
Wilson L. Sy
Creative Wisdom, Inc.
08.77%
42.12%
4. Company Descriptions and Business Development
Notes
1. Valentino Sy and Wilson Sy are brothers.
Overview
 V is engaged in the business to invest, to hold and to use for investment shares of capital stock, bonds, debentures, promissory notes, or other securities or obligations created, negotiated or issued by any corporation, association or other entities. V and its subsidiaries are organized into three major operating business segments, namely remittance services, internet services, and mutual fund management. 
Business
Revenue contribution in 2016
Investment Holdings
Remittance Services
Mutual Fund Management
47,997,905
580,917,709
283,578,620
5%
64%
31%

Investment holdings segment deals in the acquisition and sale of financial instruments.
Remittance services
Mutual fund management


Subsidiaries / Associates / Affiliates / Joint Ventures
e-Business Services, Inc. (100%) is engaged in the fund transfer and remittance services. It has an existing Representation Agreement (Agreement) with Western Union Financial Services, Inc. (Western Union).
eBiz Financial Services, Inc. (100%)
iCurrencies, Inc. (100%) is engaged in the business of buying and selling of foreign currencies.
Philequity Balanced Fund, Inc. (100%)
Philequity Foreign Currency Fixed Income Fund, Inc. (100%)
Philequity Management, Inc. (51%) serves as the full fund manager. Its customers include Governmetn Service Insurance System (GSIS), Unicapital Securities, inc., and De la Salle University, Inc.

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