Saturday, February 10, 2018

Vulcan Industrial & Mining Corporation (VUL)

This posting may contain out of date contents.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
Vulcan Industrial & Mining Corporation (VUL)
Sector
Industrial
Incorporation Date
Jan 08, 1953
Subsector
Construction, Infra. & Allied Services
Number of employees
 (Group Total)
Board of Directors
Chairman: Alfredo C. Ramos
Website / E-mail
http://www.vulcanminingcorp.com / info@vulcanminingcorp.com
2. Stock Information
Total Assets
868,921,808
Market Capitalization
1,145,500,000.00
Total Liabilities
20,219,271
Outstanding Shares
1,450,000,000
Retained Earnings
-171,541,997
Listed Shares
600,000,000
Listing Date
Aug 31, 1970
Issued Shares
963,944,338
Board Lot
1,000
Free Float Level (%)
30.85%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
National Book Store Inc.
68.09%
4. Company Descriptions and Business Development
Notes
1. It supposed to be used for the backdoor listing of the mother company NBS but not yet happened.
1. Related companies: APO, AT, UPM, VUL and National Book Store.
Overview
The Company is involved in finding, developing, and producing oil and gas reserves and other mineral properties. The Company is also a participant in several service contracts (SCs), mineral production sharing agreements (MPSAs), and geophysical survey and exploration contracts entered with the Philippine Government, through the D
epartment of Energy.
Business
It has no commercial operations since it is only in the stage of exploration

Subsidiaries / Associates / Affiliates / Joint Ventures

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MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...