As a continuation of the Part 1 blog I made previously regarding CONSTRUCTION, INFRASTRUCTURE & ALLIED SERVICES, we are going to look further on the list taken from www2.pse.com.ph. I have selected some of the paragraphs taken from www2.pse.com.ph.
MARIWASA SIAM HOLDINGS, INC.
MSCI is primarily engaged in the manufacture and sale of various quality ceramic floor and wall tiles which come in a wide array of colors, shapes, sizes and finishes. Products include vitrified floor tiles, glazed and decorated ceramic wall tiles among others.
As of December 31, 2010, MSCI has 100 distributors nationwide in which about 20% operate exclusively for MSCI. MSCI's major distributors are Cebu Oversea, Centerpoint Builders, Filco, Rai Strong, Rey Marketing, Inc., Wilcon Builders. Website is www.mariwasa.com
Kind of interesting for me but whether most PPPs will use ceramic floor and wall tiles is a question. Moving on to other companies.
MEGAWIDE CONSTRUCTION CORP.
I have taken a view on this company already at this blog. See MWIDE for the review I made last year. I’ll check again the prospect if I need to buy.
PHILIPPINE NATIONAL CONSTRUCTION CORPORATION
Last status it is suspended.
PHINMA CORPORATION
The Company’s operating businesses are organized and managed separately according to business activities and has five reportable operating segments as follows: Investment holdings – Property development – Steel – Educational services – Business Process Outsourcing
Looks diversified for me. Since I am only interested in PPP related activities, I am moving on to other companies.
REPUBLIC CEMENT CORPORATION
Republic Cement Corporation (RCM) was incorporated in May 3, 1955 to primarily engage in the manufacture, development, exploitation and sale of cement, marble and all other kinds and classes of building materials, and the processing or manufacture of materials for any industrial or commercial purposes. RCM's plants are located in Bulacan, Batangas and Rizal.
We’ll take a look further.
SOUTHEAST ASIA CEMENT HOLDINGS, INC.
Southeast Asia Cement Holdings, Inc. (CMT) was established on May 3, 1994 as a holding company. In December 2003, CMT subscribed to 1,548,614,753 common shares of Republic Cement Corporation (RCM). As payment for the said subscription, CMT exchanged its 19,960,995 common shares in FR Cement Corporation (FRCC) and 10,000,000 common shares in Lloyds Richfield Industrial Corporation (LRIC). As a result, FRCC and LRIC ceased to be subsidiaries of CMT. Accordingly, RCM became an associate investee of CMT with an 26.59% interest.
Looks like it has an interest with RCM. We’ll look more closely.
SUPERCITY REALTY DEVELOPMENT CORPORATION
Supercity Realty Development Corporation (SRDC) was incorporated on June 9, 2000 to engage in the business of construction, and related services and activities. SRDC is authorized to act as a contractor or subcontractor for the construction of houses, buildings, roads, bridges and other construction projects for the private sector or the government anywhere in the Philippines.
Since the start of its commercial operations in 2000, SRDC has completed a number of land development and housing projects. The Company's major completed and ongoing projects are located in various project sites, namely, Mabuhay City Subdivision and Jubilation New Binan Subdivision in Laguna, Eastwood Greenview Subdivision, Eastwind Homes, Centella Homes Subdivision in Rizal, and Celebrity Place Walk-up Condominium in Quezon City.
In February 2008, the Board of SRDC decided to wind down the Company's construction business and re-focus its activities into real estate development. However, as of December 31, 2010, SRDC has not yet started any real development projects and thus the Company is still continuously engaged in the business of construction.
Uhum. It’s a small company and with current PPPs underway, I wonder if it will still refocus on real estate rather than construction. We’ll see.
TKC STEEL CORPORATION
T is currently engaged in business activities that focus on the manufacture and distribution of steel products through its two subsidiaries, namely Treasure Steelworks Corporation (TSC), and Zhangzhou Stronghold Steel Works Co. Ltd (ZZS). TSC manufactures steel billets, which in turn become the raw materials of downstream steel products such as bars, wire rods and sections. ZZS manufactures various types of steel pipes and undertakes the distribution of its products in China and other export markets.
Steel and with the PPPs underway? I'll check.
VULCAN INDUSTRIAL AND MINING CORPORATION
Vulcan Industrial & Mining Corporation (VUL) was incorporated in 1953. VUL, together with its subsidiaries, are engaged in mining and mineral explorations. The Company's primary products are rock aggregates produced at Montalban.
The Company has been participating in oil exploration projects since 1976 and is part of two consortiums that have petroleum contracts.
VUL's wholly-owned subsidiary, Vulcan Materials Corporation (VM), is primarily engaged in the quarrying, crushing and marketing of rock aggregates. VUL also has investments in The Philodrill Corporation, also a listed company, which has diversified investments in oil exploration and production, property development, mining, infrastructure development and financial services.
A diversified company. We’ll see.
After browsing the CONSTRUCTION, INFRASTRUCTURE & ALLIED SERVICES listed in PSE, I have the list below in digging further.
1. EEI CORPORATION (EEI)
2. HOLCIM PHILIPPINES, INC. (HLCM)
3. MEGAWIDE CONSTRUCTION CORP. (MWIDE)
4. REPUBLIC CEMENT CORPORATION (RCM)
5. SUPERCITY REALTY DEVELOPMENT CORPORATION (SRDC)
6. TKC STEEL CORPORATION (T)
7. VULCAN INDUSTRIAL AND MINING CORPORATION (VUL)
