Vivant Corporation (VVT)

This posting may contain out of date contents.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	Vivant Corporation (VVT)
Sector	Industrial		Incorporation Date		May 28, 1990
Subsector	Electricity, Energy, Power & Water		Number of employees		77 (Group Total)
Board of Directors	Chairman: Dennis N.A. Garcia
Website / E-mail	http://www.vivant.com.ph / macky.padullo@vivant.com
2. Stock Information
Total Assets	15,204,133,590	Market Capitalization		24,614,133,586.90
Total Liabilities	4,607,114,298	Outstanding Shares		1,023,456,698
Retained Earnings	7,861,170,562	Listed Shares		1,023,456,698
Listing Date	Jun 23, 1994	Issued Shares		1,023,456,698
Board Lot	100	Free Float Level (%)		12.63%
Par Value	1.00	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
Mai-I Resources Corporation JEG Development Corporation Mirant Global Corporation				45.42% 30.44% 11.39%
4. Company Descriptions and Business Development
Notes 1. Dennis N. A. Garcia, Charles Sylvestre A. Garcia and Gil A. Garcia, II are brothers. Mr. Ramontito E. Garcia is a cousin of the Garcia brothers and a brother-in-law of Efren P. Sarmiento. 3. Arlo A. G. Sarmiento and Jose Marko Anton G. Sarmiento are sons of Efren Sarmiento, and nephew of Ramontito E. Garcia. 4. It plans to develop a 2 x 335 MW coal-fired power plant with Globa business power corp (GBPC).
Overview It, through its subsidiaries and affiliates, has interests in various companies engaged in the electric power generation (renewable and non-renewable energy), electric power distribution, and retail electricity supply business. As of 2016, it has the capacity of around 253 MW. Business Revenue contribution in 2016 Power Generation Power Distribution Others 3,121,600,000 689,200,000 59,300,000 81% 18% 1% Subsidiaries / Associates / Affiliates / Joint Ventures Cebu Private Power Corporation (CPPC) owns and operates 70 MW bunker C-fired power plant. Delta P, Inc. (DPI) operates a 16 MW bunker-fired power plant in Palawan. Abovant Holdings, Inc. (Abovant, 40%) and Cebu Energy Development Corporation (CEDC, 17.6%) Amlan Hydroelectric Power Corporation (AHPC, 28.5%) Vivant-Sta. Clara Northern Renewables Generation Corporation (NR, 48%) operates around 100 MW hydroelectric power plants. 1590 Energy Corporation (1590 EC, 52.7%) Therma Visayas, Inc. (TVI, 20%) Visayan Electric Company (VECO, 35%) is the second largest electricity distribution company in the Philippines serving around 408,568 customers. Prism Energy, Inc. (Prism Energy, 40%) and Corenergy, Inc. (Corenergy, 100%) is engaged in Retail Electricity Supply (RES) business. Vivant Energy Corporation (VEC, 100%)