Saturday, February 10, 2018

Wellex Industries, Incorporated (WIN)

This posting may contain out of date contents.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
Wellex Industries, Incorporated (WIN)
Sector
Holding Firms
Incorporation Date
Oct 19, 1956
Subsector
Holding Firms
Number of employees
 (Group Total)
Board of Directors
Chairman:  Rogelio D. Garcia
Website / E-mail
info@ccplaw.com.ph
2. Stock Information
Total Assets
1,767,219,900
Market Capitalization
595,492,748.76
Total Liabilities
465,526,670
Outstanding Shares
3,271,938,180
Retained Earnings
-1,998,835,208
Listed Shares
3,276,045,637
Listing Date
Jan 09, 1958
Issued Shares
3,271,938,180
Board Lot
10,000
Free Float Level (%)
43.20%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
WILLIAM GATCHALIAN
DEE HUA GATCHALIAN
SHERWIN GATCHALIAN
25.52%
15.07%
09.71%
4. Company Descriptions and Business Development
Notes
1. William T. Gatchalian is the father of Kenneth T. Gatchalian nad Elvira A.Ting is a sister in law.
2. Related companies: WIN, WPI, PHES, ACE
Overview
It was a mining and oil exploration company but transformed to a holding company. Now it is planning to develop its landbank with Avida (a subsidiary of ALI) and PHES.
Business
There are no significant commercial activities except for the lease income.


Subsidiaries / Associates / Affiliates / Joint Ventures
Plastic City Industrial Corporation (PCIC) has ceased operations but PCIC subsidiaries have leased out its 50 hectare warehouse/building facilities.

+++++++++++++++++++++++++++++++++++++++++

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...