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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Waterfront Philippines, Incorporated (WPI)
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Sector
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Services
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Incorporation Date
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Sep 23, 1994
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Subsector
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Hotel & Leisure
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Number of employees
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818 (Group Total)
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Board of Directors
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Chairman: Renato B. Magadia, Director: Kenneth T.
Gatchalian
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Website / E-mail
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http://www.waterfronthotels.com.ph /
c.francisco@waterfronthotels.net
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2.
Stock Information
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Total Assets
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9,555,577,656
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Market Capitalization
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2,474,001,835.47
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Total Liabilities
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3,383,567,134
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Outstanding Shares
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2,498,991,753
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Retained Earnings
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-422,726,058
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Listed Shares
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1,945,934,653
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Listing Date
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Mar 17, 1995
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Issued Shares
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2,498,991,753
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Board Lot
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1,000
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Free Float Level (%)
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53.16%
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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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THE WELLEX GROUP, INC.
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45.15%
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4.
Company Descriptions and Business Development
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Notes
1. Related companies: WIN, WPI, PHES, ACE
2. Dee Hua T. Gatchalian is the mother of Keneth and
senator Sherwin Ting Gatchalian.
Elvira A. Ting is a sister of Dee Hua T. Gatchalian.
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Overview
It is an investment holding company for hotel, leisure,
and tourism businesses.
Business
Revenue
contribution in 2016
It had a casino space lease agreement with PAGCOR for
its 3 hotels but all expired in 2016. Revenue from the lease amounted to
P720,410,000 in 2016. The company is still netotiating with PAGCOR.
Subsidiaries / Associates
/ Affiliates / Joint Ventures
Waterfront Cebu City Casino Hotel,
Inc. (100%)
has 158 guest rooms.
Waterfront Mactan Casino Hotel,
Inc. (100%)
has 164 guest rooms.
Davao Insular Hotel Company, Inc.
(98%) has 159
guest rooms.
ACESITE (Phils.) Hotel Corporation
(ACE, 56%, a listed company) has 337 guest rooms.
Waterfront Hotel Management
Corporation (100%)
Grand Ilocandia Resort and
Development, Inc. (54%)
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