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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Manila Electric Company (MER)
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Sector
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Industrial
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Incorporation Date
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May 07, 1919
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Subsector
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Electricity, Energy, Power & Water
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Number of employees
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5,569 (Group Total)
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Board of Directors
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Chairman: Manuel V. Pangilinan (MPI)
Other Directors: Oscar S. Reyes, James L. Go, John L.
Gokongwei, Jr., Lance Y. Gokongwei, Manuel M. Lopez(LPZ), Pedro E. Roxas(ROX)
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Website / E-mail
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http://www.meralco.com.ph / corcom@meralco.com.ph
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2.
Stock Information
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Total Assets
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304,553,000,000
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Market Capitalization
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364,052,881,715.00
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Total Liabilities
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233,039,000,000
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Outstanding Shares
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1,127,098,705
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Retained Earnings
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49,524,000,000
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Listed Shares
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1,127,092,509
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Listing Date
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Jan 08, 1992
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Issued Shares
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1,127,271,117
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Board Lot
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10
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Free Float Level (%)
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20.77%
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Par Value
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10.00
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Foreign Ownership Limit
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40%
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3.
Major Stock Holders (common shares)
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BEACON ELECTRIC ASSET HOLDINGS, INC.
JG SUMMIT HOLDINGS, INC
PCD NOMINEE CORPORATION (FILIPINO)
METRO PACIFIC INVESTMENTS CORPORATION
PCD NOMINEE CORPORATION (FOREIGNER)
FIRST PHILIPPINE HOLDINGS CORPORATION
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34.96%
29.56%
12.99%
10.50%
4.29%
3.94%
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4.
Company Descriptions and Business Development
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Notes
1. High Dividend Stock
2. Related companies: MPI, TEL
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Overview
Manila
Electric Company, also known as MERALCO, is a private distribution
utility (DU), which holds a congressional franchise under Republic Act
(“RA”) No. 9209. The franchise valid through June 28, 2028 to
construct, operate, and maintain the electric distribution system in | |||||