Who holds 4-B JGS voting preferred shares?
Credit to Author: EMETERIO SD. PEREZ| Date: Thu, 12 Sep 2019 16:18:24 +0000
Sale. On Aug. 22, 2019, Vikings Asia Agri Ventures B.V. sold 682.1 million common shares it owns in Agrinurture Inc. (ANI) at P13.642 each. The sale reduced Vikings’ ownership in the company to 110 million ANI common shares, or 10.80 percent, according to a “statement of changes in beneficial ownership of securities.” The ANI common shares Vikings sold represent 66.986 percent of 1,018,274,088 outstanding ANI common shares. When computed, Vikings still owns 10.803 percent in ANI.
On Sept. 11, 2019, ANI common shares opened trading at P15.86, hit a high of P15.92, fell to a low of P15.80 and closed the session at P15.92. The stock peaked at 30-day high of P15.92 and fell to a month’s low of P13.20.
Acquisition. Willy Ng Ocier is vice chairman of Belle Corp. (BEL). On Sept. 10, 2019, he bought 150,000 BEL common shares at P2.19 each. The acquisition increased his ownership to 51,211,702
BEL common shares, or 0.525 percent of 9,763,126,297 outstanding BEL common shares, according to a filing.
On Sept. 11, 2019, BEL common shares opened trading at P2.20, its session’s high, dropped to a low of P2.17 and closed the session at P2.19. The stock hit a 30-day high of P2.30 and a month’s low of P2.13.
Sale. Jose Marcel & family sold 7 million common shares at P0.0580 each on Sept. 5, 2019 in Boulevard Holdings Inc. (BHI). After the sale, they still own through JP Guilds Inc., 4,871,114,776 BHI common shares, or 40.59 percent of 12 billion outstanding BHI common shares as per company disclosure. The family also directly owns 3.502 million BHI common shares, or 0.03 percent.
On Sept. 11, 2019, BHI common shares opened trading at P0.058, hit a high of P0.059, and dropped to a low of P0.058, which was also the stock’s closing price.
Acquisition. GT Capital Holdings Inc. is a principal stockholder of Metropolitan Bank & Trust Co. (MBT). It bought 240,000 MBT common shares at P69.99 each on Sept. 4, 2019 and 194,590
MBT common shares at P70 each on Sept. 5, 2019. The additional acquisitions increased its ownership to 1,448,827,903 MBT common shares, or 36.40 percent, in the bank.
Following its additional acquisitions, GT Capital holds 1,448,827,903 MBT common shares, or 36.40 percent of 3,980,015,036 outstanding MBT common shares.
On Sept. 11, 2019, MBT common shares opened trading at P70, hit a high of P70.15, fell to a low of P69.75 and closed the session at P69.75. The stock hit a month’s high of P76.80 and a 30-day low of P69.10.
Public ownership
In an updated public ownership report as of Aug 31, 2019, Filinvest Development Corp. (FDC) said the company still has 671,409,400 treasury shares, or 7.204 percent of 9,319,872,387 issued common shares. These treasury shares left the company with 8,648,462,987 outstanding FDC common shares.
Of FDC’s outstanding common shares, Filinvest attributed to seven directors their ownership of 66,720,360 FDC common shares, or 0.81 percent, according to a filing. Of the board’s ownership of 69,720,360 FDC common shares, three hold a nominal common share each, namely, Val Antonio B. Suarez, Virginia T. Obcena, and Claire A. Huang.
The rest of the board’s common shares are distributed as follows: Jonathan T Gotianun, who directly owned 12 FDC common shares. He also indirectly held 33,795 FDC common shares through Beret Holdings Corp.; 63,000 FDC common shares through Jabberwork Holdings Inc.; and 167,130 FDC common shares through Chriszen Holdings Inc.
Josephine G. Yap, directly owns of 6,187,402 FDC common shares. In addition, she indirectly held 9,395,522 FDC common shares, or 0.11 percent; Andrew T. Gotianun Jr., was direct holder of 3,371,995 FDC common shares, or 0.04 percent; and Michael Edward T. Gotianun, 50,501,501 FDC common shares, or 0.58 percent.
The public ownership report (POR) attributed to FDC’s public stockholders their holdings totaling 925,081,688 FDC common shares, or 10.70 percent of 8,648,562,987 outstanding FDC common shares.
On Sept. 11, 2019, FDC common shares opened trading at P13.88, which was also the session’s high, fell to a low of P13.80 which was also the stock’s closing price.
Ownership
JG Summit Holdings Inc. (JGS) has 18.85 billion shares as authorized capital stock (ACS) divided into 12,850,800,000 common shares, 2 billion non-voting preferred shares and 4 billion voting preferred shares. Except for 4 billion voting preferred shares, which has par value of P0.01 each, the company’s common and non-voting preferred shares carry par value of P1 each, according to a general information sheet (GIS).
The company’s GIS showed having 1,016 holders of common shares but only one, which was Gokongwei Brothers Foundation Inc., held JGS’s 4 billion voting preferred shares as of May 30, 2019 in addition to 1,997,076,451 JGS common shares, or 27.881 percent of 7,162,841,657 outstanding JGS common shares.
In addition to Gokongwei Brothers Foundation, a public ownership report (POR) also listed RSB-TIG No. 030-46-00001-9 as principal stockholder. The POR did not identify the holder of said account.
Identified in a POR as an affiliate, Ego Investments Holdings Ltd. directly owned 267.568 million JGS common shares, or 3.74 percent.
The public, according to the POR, held 2,936,383,759 JGS common shares, which were equivalent to 40.99 percent while the 11-person board owned 928,489,222 JGS common shares, or 12.97 percent.
On Sept. 11, 2019, JGS common shares opened trading at P72.40, hit a high of P73.55, dropped to a low off P72.30 and closed the day’s session at P73.45. The stock peaked at 30-day high of P73.65 and a month’s low of P61.05.
Email: esdperez@gmail.com