CORPORATE GOVERNANCE

Disclosure and Transparency

A. OWNERSHIP STRUCTURE (owning 5% of the voting stocks of the Corporation as of December 31, 2019)

Name of Beneficial Owner Amount of Beneficial Ownership Percent of Class
Dacon Corp.  6,838,807,440 (Common)  51.51%
PCD Nominee Corp. (Fil)  2,437,412,305 (Common)  18.36%
DFC Holdings, Inc. 2,379,799,910 (Common)  17.92%
PCD Nominee Corp. (Foreign) 1,226,119,146 (Common)  9.23%

 

B. SHAREHOLDINGS OF DIRECTORS and OFFICERS (as of December 31, 2019)

Directors Direct Ownership Indirect Ownership Percent of Capital Stock
ISIDRO A. CONSUNJI 65,000 22,103,690 0.17%
CESAR A. BUENAVENTURA 900,000 5,700,000 0.05%
JORGE A. CONSUNJI 5,000 4,744,525 0.03%
HERBERT M. CONSUNJI 23,000 - 0.00%
MA. EDWINA C. LAPERAL 3,315,000 85,901,036 0.67%
LUZ CONSUELO A. CONSUNJI 61,000 40,000 0.00%
MARIA CRISTINA C. GOTIANUN 5,500 109,382,410 0.82%
ANTONIO JOSE U. PERIQUET 125,000 3,251,850 0.03%
HONORIO O. REYES-LAO 175,000 - 0.00%
Officers      
VICTOR S. LIMLINGAN 1,539,100 - 0.01%
NOEL A. LAMAN 100,000 - 0.00%
MA. PILAR P. GUTIERREZ - - -
BRIAN T. LIM - - -
CHERUBIM O. MOJICA - - -

 


C. EFFECTIVE PERCENTAGES OF OWNERSHIP

SUBSIDIARIES DIRECT INDIRECT EFFECTIVE INTEREST
D.M. Consunji, Inc. 100.00 - 100.00
   Beta Electric Corporation   53.95 53.95
   Raco Haven Automotion Phils. Inc.   50.14 50.14
   Oriken Dynamics Company, Inc.   89.00 89.00
   DMCI Technical Training Center   100.00 100.00
   Bulaca North Gateway Holdings, Inc.    100.00 100.00
       
DMCI Project Developers, Inc. 100.00   100.00
   Hampstead Gardens Corp.   100.00 100.00
   Riviera Land Corp.   100.00 100.00
   DMCI-PDI Hotels Inc.   100.00 100.00
   DMCI Homes Property Management Corp.   100.00 100.00
   Zenith Mobililty Solutions Services Inc.   51.00 51.00
   DMCI Homes Inc.   100.00 100.00
       
Semirara Mining and Power Corp. 56.65   56.65
   Sem-Calaca Power Corporation   56.65 56.65
   Southwest Luzon Power Generation Corp.   56.65 56.65
   Sem-Calaca Res Corporation   56.65 56.65
   SemCal Industrial Park Developers Inc.   56.65 56.65
   Semirara Energy Utilities Inc.    56.65 56.65
   Southeast Luzon Power Generation Corp.   56.65 56.65
   Semirara Claystone Inc.   56.65 56.65
       
DMCI Power Corporation 100.00   100.00
   DMCI Masbate Power Corporation   100.00 100.00
       
DMCI Mining Corporation 100.00   100.00
   Berong Nickel Corporation   74.80 74.80
   Ulugan Resources Holdings, Inc.   30.00 30.00
   Ulugan Nickel Corporation   58.00 58.00
   Nickeline Resources Holdings Inc.   58.00 58.00
   TMM Management Inc.   40.00 40.00
   Zambales Diversified Metals Corp.   100.00 100.00
   Zambales Chromite Mining Company Inc.    100.00 100.00
   Fil-Asian Strategic Resources & Properties Corp.   100.00 100.00
   Montague Resources Phils. Corp.   100.00 100.00
   Montemina Resources Corp.   100.00 100.00
   Mt. Lanat Metals Corp.   100.00 100.00
   Fil-Euro Asia Nickel Corp.   100.00 100.00
   Heraan Holdings, Inc.    100.00 100.00
   Zambales Nickel Processing Corp.   100.00 100.00
   Zamnorth Holdings Corp.    100.00 100.00
   ZDMC Holdings Corp.    100.00 100.00
       
Semirara Cement Corporation  100.00 - 100.00
Wirerope Corporation of the Philippines  45.68 16.02 61.70

(Source: 2019 Audited Financial Statements)

 

ASSOCIATES PERCENTAGE OF OWNERSHIP
Maynilad Water Holding Company, Inc.  27.19%
Subic Water and Sewerage Company, Inc. 30.00%
Bachy Soletanche Philippines Corporation  49.00%
Celebrity Sports Plaza 04.62%
JOINT VENTURES  
DMCI-First Balfour Joint Venture 51.00%
RLC DMCI Property Ventures, Inc.  50.00%
St. Raphael Power Generation Corporation 50.00%

(Source: 2019 Audited Financial Statements)


D. AUDIT AND NON-AUDIT FEES

Total fees for audit and non-audit services paid to the external auditor in 2019 are as follows:

Name of External Auditor Audit Fee Non-audit fee
Sycip Gorres Velayo & Co. (SGV) Php18,104,870 Php120,000.00


E. MODES OF COMMUNICATION

The Company uses the following modes of communications to its investors and stakeholders.

1. Audited Annual Financial Report (click here)
    The Company filed its SEC From 17-A or the Audited Annual Financial Statements for the period ended December 31, 2019  
    on April 8, 2019 or 98 days from the end of its fiscal year.   PSE EDGE website posted on April 8, 2019 (click here)
2. Quarterly Report (click here)
2. Company website (click here)
3. Analysts Briefings  (click here)
4. Media Briefings
5. Annual Stockholders' Meeting (click here)


F. MEDIA ENGAGEMENT PROGRAMS

1. Media Briefings
2. Press releases and statements
3. Interviews and media appearances
4. Familiarization tours
5. Emails and correspondence
6. Others

 

2019 Media Briefings

2018 Full Year Results March 7, 2019
6:30 pm
Benjarong Thai Restaurant, Dusit Thani Manila, Edsa corner Pasay Road Ayala Center, Makati City
2019 First Quarter Results May 16, 2019
6:30 pm
La Grotta Cucina Italiana G/F Angelus Plaza Bldg., 104 V.A. Rufino Street, Legaspi Village, Makati City
2019 First Half Results August 13, 2019
6:30 pm
Ichiba Japanese Market 2/F Newport Mall Resorts World Manila,     
Pasay City
2019 Third Quarter Results

No briefing

 

2018 Media Briefings

2017 Full Year Results March 8, 2018
Chef Jessie Rockwell Club, Ground Level Amorsolo Square, Amorsolo Drive, Rockwell Center, Makati City
2018 First Quarter Results May 11, 2018
Ogetsu Hime, Fifth Floor, SM Aura Premier, C5 Road Corner 26th, Street, Bonifacio Global City, Taguig City
2018 First Half Results August 13, 2018
3/F Dacon Bldg. 2281 Chino Roces Avenue, Makati City
2018 Third Quarter Results November 12, 2018
Canton Road Restaurant, Shangri-la The Fort, 30th Street cor. 5th Ave.
BGC, Taguig