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Petron Corporation PCOR
C00168-2018 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Jan 12, 2018 2. SEC Identification Number 31171 3. BIR Tax Identification No. 000-168-801 4. Exact name of issuer as specified in its charter PETRON CORPORATION 5. Province, country or other jurisdiction of incorporation Philippines 6. Industry Classification Code(SEC Use Only) 7. Address of principal office San Miguel Head Office Complex, 40 San Miguel Avenue, Mandaluyong City Postal Code 1550 8. Issuer's telephone number, including area code (63 2) 886-3888, 884-9200 9. Former name or former address, if changed since last report N/A 10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA Number of Shares of Common Stock Outstanding and Amount Title of Each Class of Debt Outstanding COMMON (PCOR) 9,375,104,497 PREFERRED SERIES 2A (PRF2A) 7,122,320 PREFERRED SERIES 2B (PRF2B) 2,877,680 PCOR SERIES A BONDS DUE 2021 (IN MIL 13,000 PESO) PCOR SERIES B BONDS DUE 2023 (IN MIL 7,000 PESO) TOTAL DEBT AS OF SEPT 30, 2017 (IN MIL 226,694 PESO-CONSO) 11. Indicate the item numbers reported herein Item 9. The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. -
Sustainability— What Matters?
sustainability — what matters? published by Governance & Accountability Institute, Inc. 845 Third Avenue, Suite 644 New York, New York 10022 646.430.8230 [email protected] www.ga-institute.com sustainability — what matters? 2014 | published by Governance & Accountability Institute, Inc. 845 Third Avenue, Suite 644 New York, New York 10022 646.430.8230 [email protected] www.ga-institute.com authors and architects Hank Boerner — Chairman, Chief Strategist and Co-Founder Governance & Accountability Institute, Inc. Louis D. Coppola — Executive Vice President and Co-Founder Governance & Accountability Institute, Inc. primary researchers Laura Ana Jardieanu Santiago Viteri Table of sustainability — what matters? Contents OVERVIEW page 1 Most Material | Least Material In Reporters' Views 2 Background | Sustainability Reporting Trends 3 Materiality 4 Timing 5 Methodology 6 • Scoring 6 • Sectors 7 • Sector Scoring 8 • Sector Difference Scores 8 • Additional Categories and Aspect Ranks 9 And Now The Results | Top 10 / Bottom 10 9 SECTORS Agriculture 10 Automotive 15 Aviation 20 Chemicals 25 Commercial Services 30 Computers 35 Conglomerates 40 Construction 45 Construction Materials 50 Consumer Durables 55 Energy 60 Energy Utilities 65 Equipment 70 Financial Services 75 Food and Beverage 80 Forest and Paper 85 Healthcare Products 90 Healthcare Services 95 Household and Personal Products 100 Logistics 105 Media 110 Metals Products 115 Mining 120 Public Agency 125 Sustainability – What Matters? | Governance & Accountability Institute, Inc. -
Preliminary Prospectus Dated May 20, 2019 – Part 1
n PETRON CORPORATION (a company incorporated under the laws of the Republic of the Philippines) ffer Shares may not be sold nor may an offer to an offer may be sold nor not may ffer Shares Offer in the Philippines of which such offer, solicitation or sale would be unlawful be unlawful or would sale solicitation such offer, which 15,000,000 Perpetual Preferred Shares Series 3 n inn with Oversubscription Option of up to 5,000,000 Perpetual Preferred Shares Series 3 consisting of Series 3A Preferred Shares (PRF3A): [●]% p.a. Series 3B Preferred Shares (PRF3B): [●]% p.a. at an Offer Price of ₱1,000.00 per Preferred Share to be listed and traded on the Main Board of The Philippine Stock Exchange, Inc. JOINT ISSUE MANAGERS, JOINT LEAD UNDERWRITERS AND JOINT BOOKRUNNERS1 SENIOR CO-LEAD UNDERWRITERS [●] CO-LEAD UNDERWRITERS issued in final form. Under no circumstances shall this Preliminary Prospectus constitute an offer to sell or the solicitatio the or to sell an offer constitute Prospectus Preliminary this shall circumstances Under no form. in final issued [●] PARTICIPATING UNDERWRITERS [•] SELLING AGENTS Trading Participants of The Philippine Stock Exchange, Inc. THE SECURITIES AND EXCHANGE COMMISSION HAS NOT APPROVED THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS ACCURATE OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE AND SHOULD BE REPORTED IMMEDIATELY TO THE SECURITIES AND EXCHANGE COMMISSION. This Preliminary Prospectus is dated 20 May 2019. 1 BPI Capital Corporation, one of the Joint Issue Managers, Joint Lead Underwriters and Joint Bookrunners, is the [wholly-owned] investment banking subsidiary of Bank of the Philippine Islands which is the bank which the buy be accepted prior to the time that the Prospectus is is the Prospectus time that to the accepted prior be buy jurisdictio in any Offer the Shares of sale or solicitation offer, any be there shall nor Shares Offer any to buy of an offer jurisdiction. -
Cost-Benefit Analysis of Kirkuk Sulymaniya Railway Project
Journal of Engineering and Development, Vol. 17, No.2, 2013, ISSN 1813‐ 7822 Cost-Benefit Analysis of Kirkuk Sulymaniya Railway Project Lect. Dr. Ali J. Kadhim Lect. Dr.Mohmmad B. Abdljabar Highway and Transportation Dep College of Engineering Univ. of Mustansiriyah Lect. Shatha S. Kareem Highway and Transportation Dep College of Engineering Univ. of Mustansiriyah Abstract The railway network is considered one of the major stone in the economic skeleton in most countries. Herein, the user benefit was investigated when a new railway track is to be installed between Kirkuk and Sulymaniya cities in the north of Iraq. The operating costs of the new railway line are compared with the existing transportation modes that depend only on multilane highway between the two cities. The analysis was done using the related parameters that involved in the cost benefit procedures, beside that this project have the ability of joining Iran with Iraq and consequently joining the Iraqi railways. The results show that when the construction and other initial costs are added the economic evaluation is negative and results no user benefit, while in the real world there are impacts on the development of the society when such transportation projects are installed. This paper concluded that there is a great user benefit in the proposed project when the operating, accidents, time saving costs and the ecological effects are considered, with the excluding of the initial costs as in the case of the roadway construction. This study aims to understanding the effect of adding a new mode of travel (railway travel) and compare its effect with the existing modes (roadway travel) by using the cost-benefit analysis. -
Lessons Not Learned the Other Shell Report 2004 Dedicated to the Memory of Ken Saro-Wiwa
Lessons Not Learned The Other Shell Report 2004 Dedicated to the memory of Ken Saro-Wiwa “My lord, we all stand before history. I am a man of peace. Appalled by the denigrating poverty of my people who live on a richly-endowed land . anxious to preserve their right to life and to a decent living, and determined to usher into this country . a fair and just democratic system which protects everyone and every ethnic group and gives us all a valid claim to human civilization. I have devoted all my intellectual and material resources, my very life, to a cause in which I have total belief and from which I cannot be blackmailed or intimidated. I have no doubt at all about the ultimate success of my cause . Not impris- onment nor death can stop our ultimate victory.” —Ken Saro-Wiwa’s final statement before his execution on 10 November 1995 Guide to contents 1 Guide to contents 2 Foreword from Tony Juniper & Vera Dalm This report is based largely on evidence from people Tony Juniper, Executive Director, Friends of the Earth (England, around the world who live in the shadows of Shell’s vari- Wales & Northern Ireland) & Vera Dalm, Director, Milieudefensie ous operations. This report is written on behalf of (Friends of the Earth Netherlands) Friends of the Earth (FOE); Advocates for Environmental Human Rights; Coletivo Alternative Verde; Community In- 3 The Year in Review power Development Association; Concerned Citizens of Norco; Environmental Rights Action (FOE Nigeria); 4 Niger Delta, Nigeria Global Community Monitor; groundWork (FOE South Injustice as a Shell Trademark Africa); Humane Care Foundation Curacao; Louisiana Bucket Brigade; Niger-Delta Project for the Environment, 7 Durban, South Africa Human Rights and Development; Pacific Environment Communities Doomed with Aging Refinery Watch; Sakhalin Environment Watch; Shell to Sea; South Durban Community Environmental Alliance; and 10 Sao Paulo, Brazil United Front to Oust Oil Depots. -
Iraq Railroad Reconstruction: a Success Story with Al Qarya Group
Research and Innovative Technology Administration Innovation for a Nation on the Move U.S. Department of Transportation Research and Innovative Technology Administration Fall 2008 contents Fall 2008 on the frontier 3 Iraq Railroad Reconstruction: A Success Story across the department 5 RITA Supports U.S. Priorities with China BTS Examines U.S./China Freight Trade HORIZONS is a publication of the U.S. Department of 5 Transportation, Research and Innovative Technology Administration. Improving Operational Safety—Confi dential 6 Cover photo courtesy of Agata Urbaniak Close Call Reporting ITS happenings 7 Innovation Roundtable Explores Advanced Wireless Communication to Meet the Nation’s Congestion Reduction and Safety Goals 7 Safetrip-21 Update university news 8 Conferences Put the Spotlight on University Transportation Centers 8 Utah Transit a True "FrontRunner" with WiFi Aboard 9 TTI Website a Unique Resource on Transportation Funding Options p. Center Volpe guest column 3 13 The New DNA of the Automobile by Larry Burns, Transmission tower at Hilla, Vice President, Research & Development and Karbala province in Iraq. Strategic Planning General Motors Corporation in every issue new tools & training 14 New TSI Motorcycle Safety Course Helps 9 Your National State-Level Planners Transportation Library 10 RITA Happenings statistical news 12 Technology Transfer 15 From the Bureau of Transportation 17 Check it out at Statistics www.RITA.dot.gov! on the frontier Iraq Railroad Reconstruction: A Success Story Every day, American men and women are working closely with Iraqis to build stability and peace; to construct roads, rails, and airports; and to forge ties of friendship, understanding, and respect that will last lifetimes.1 – Transportation Secretary Mary E. -
Final Offer Supplement Dated October 12, 2016
Petron Corporation (a company incorporated under the laws of the Republic of the Philippines) OFFER SUPPLEMENT Offer of P15,000,000,000 Fixed Rate Bonds with an Oversubscription Option of up to P5,000,000,000 Fixed Rate Bonds consisting of Series A Bonds: 4.0032% p.a. due 2021 Series B Bonds: 4.5219% p.a. due 2023 Offer Price: 100% of Face Value to be listed in the Philippine Dealing & Exchange Corp. JOINT ISSUE MANAGERS, JOINT LEAD UNDERWRITERS & BOOKRUNNERS CO-LEAD UNDERWRITERS PARTICIPATING UNDERWRITER The proceeds of the offer will be partly used for the payment of the outstanding short-term loans of Petron Corporation from BDO Unibank, Inc., the parent company of BDO Capital & Investment Corporation. THE SECURITIES AND EXCHANGE COMMISSION HAS NOT APPROVED THESE SECURITIES OR DETERMINED IF THIS OFFER SUPPLEMENT IS ACCURATE OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE AND SHOULD BE REPORTED IMMEDIATELY TO THE SECURITIES AND EXCHANGE COMMISSION. The date of this Final Offer Supplement is October 12, 2016. Petron Corporation SMC Head Office Complex 40 San Miguel Avenue Mandaluyong City, Philippines Telephone Number: (632) 886 3888 Corporate Website: www.petron.com Petron Corporation (“Petron”, the “Company” or the “Issuer”), a corporation duly organized and existing under Philippine law, has prepared a Final Prospectus dated October 12, 2016 (the “Prospectus”) relating to the shelf registration and sale in the Philippines of fixed rate bonds (the “Bonds”) in the aggregate principal amount of P40,000,000,000. The Bonds will be issued in tranches within a period of three (3) years from the effective date of the Registration Statement, subject to applicable regulations (the “Shelf Period”). -
1St Edition, Dezember 2010
EUROPEAN RAILWAY AGENCY INTEROPERABILITY UNIT DIRECTORY OF PASSENGER CODE LISTS FOR THE ERA TECHNICAL DOCUMENTS USED IN TAP TSI REFERENCE: ERA/TD/2009-14/INT DOCUMENT REFERENCE FILE TYPE: VERSION: 1.1.1 FINAL TAP TSI DATE: 08.03.2012 PAGE 1 OF 77 European Railway Agency ERA/TD/2009-14/INT: PASSENGER CODE LIST TO TAP TSI AMENDMENT RECORD Version Date Section Modification/description number 1.1 05.05.2011 All sections First release 1.1.1 27.09.2011 Code list New values added B.4.7009, code list B.5.308 ERA_TAP_Passenger_Code_List.doc Version 1.1.1 FINAL Page 2/77 European Railway Agency ERA/TD/2009-14/INT: PASSENGER CODE LIST TO TAP TSI Introduction The present document belongs to the set of Technical Documents described in Annex III „List of Technical Documents referenced in this TSI‟ of the COMMISSION REGULATION (EU) No 454/2011. ERA_TAP_Passenger_Code_List.doc Version 1.1.1 FINAL Page 3/77 European Railway Agency ERA/TD/2009-14/INT: PASSENGER CODE LIST TO TAP TSI Code List ERA_TAP_Passenger_Code_List.doc Version 1.1.1 FINAL Page 4/77 European Railway Agency ERA/TD/2009-14/INT: PASSENGER CODE LIST TO TAP TSI Application : With effect from 08 March 2012. All actors of the European Union falling under the provisions of the TAP TSI. ERA_TAP_Passenger_Code_List.doc Version 1.1.1 FINAL Page 5/77 European Railway Agency ERA/TD/2009-14/INT: PASSENGER CODE LIST TO TAP TSI Contents AMENDMENT RECORD ....................................................................................................................................................... -
Lecture 1 Msc Transportation Engineering Railroad Engineering College of Engineering University of Babylon
Lecture 1 MSc Transportation Engineering Railroad Engineering College of Engineering University of Babylon Introduction to Railway Engineering • Railway Mode Of Transport • Early Beginnings • Railways in Iraq Lecturer : Prof. Dr. Hussein A. Ewadh 2017-2018 • Classification Schemes for Transportation Engineering Railways: Introduction • In this mode of transport, all vehicles use rail tracks to move from one point to another. • Vehicles consist of a long train of coaches attached to a locomotive. • The coaches and the locomotive have steel wheels which run on steel rail tracks. • The locomotive either uses diesel or use electricity as fuel (locomotives which run on coal are hardly used these days). • Since the rail tracks provide a dedicated right-of-way for the train services, these are good for high speed transit facilities. • Trains stop at pre-specified locations called stations. Important aspects related to the railway mode of transport • Safe and efficient operation and control of rail traffic. • Layout of rail tracks. • Structural design of the subgrade on which rail tracks run. • Planning of stations or terminals for railway vehicles. Early Beginnings • By the time steam locomotives came on the scene, in the early nineteenth century, wrought iron rails and later steel rails were developed which were strong enough to support these heavy axle loads without assistance from longitudinal timbers. • In essence the track itself, together with its supports, had and still has the basic function of safely transmitting the loads and forces imposed by passing trains to the ground beneath. • Various other civil engineering skills were also involved in the construction of early railways. These included the building of bridges, tunnels and gravity walls as well as extensive earthworks and drainage. -
List of Numeric Codes for Railway Companies
List of numeric codes for railway companies (RICS Code) contact : [email protected] reference : http://www.uic.org/spip.php?article311 code short name full name country request date allocation date modified date beginof validity of end validity recent Freight Passenger Infra- structure Holding Integrated Other url 0001 0002 0003 0004 0005 01/02/2011 0006 StL Holland Stena Line Holland BV Netherlands 01/07/2004 01/07/2004 x http://www.stenaline.nl/ferry/ 0007 0008 0009 0010 VR VR-Yhtymä Oy Finland 30/06/1999 30/06/1999 x http://www.vr.fi/fi/ 0011 0012 TF Transfesa Spain 30/06/1999 30/06/1999 10/09/2013 x http://www.transfesa.com/ 0013 OSJD OSJD Poland 12/07/2000 12/07/2000 x http://osjd.org/ 0014 CWL Compagnie des Wagons-Lits France 30/06/1999 30/06/1999 x http://www.cwl-services.com/ 0015 RMF Rail Manche Finance United Kingdom 30/06/1999 30/06/1999 x http://www.rmf.co.uk/ 0016 RD RAILDATA Switzerland 30/06/1999 30/06/1999 x http://www.raildata.coop/ 0017 ENS European Night Services Ltd United Kingdom 30/06/1999 30/06/1999 x 0018 THI Factory THI Factory SA Belgium 06/05/2005 06/05/2005 01/12/2014 x http://www.thalys.com/ 0019 Eurostar I Eurostar International Limited United Kingdom 30/06/1999 30/06/1999 x http://www.eurostar.com/ 0020 OAO RZD Joint Stock Company 'Russian Railways' Russia 30/06/1999 30/06/1999 x http://rzd.ru/ 0021 BC Belarusian Railways Belarus 11/09/2003 24/11/2004 x http://www.rw.by/ 0022 UZ Ukrainski Zaliznytsi Ukraine 15/01/2004 15/01/2004 x http://uz.gov.ua/ 0023 CFM Calea Ferată din Moldova Moldova 30/06/1999 30/06/1999 -
Lessons Not Learned: the Other Shell Report
Lessons Not Learned The Other Shell Report 2004 Dedicated to the memory of Ken Saro-Wiwa “My lord, we all stand before history. I am a man of peace. Appalled by the denigrating poverty of my people who live on a richly-endowed land . anxious to preserve their right to life and to a decent living, and determined to usher into this country . a fair and just democratic system which protects everyone and every ethnic group and gives us all a valid claim to human civilization. I have devoted all my intellectual and material resources, my very life, to a cause in which I have total belief and from which I cannot be blackmailed or intimidated. I have no doubt at all about the ultimate success of my cause . Not impris- onment nor death can stop our ultimate victory.” —Ken Saro-Wiwa’s final statement before his execution on 10 November 1995 Guide to contents 1 Guide to contents 2 Foreword from Tony Juniper & Vera Dalm This report is based largely on evidence from people Tony Juniper, Executive Director, Friends of the Earth (England, around the world who live in the shadows of Shell’s vari- Wales & Northern Ireland) & Vera Dalm, Director, Milieudefensie ous operations. This report is written on behalf of (Friends of the Earth Netherlands) Friends of the Earth (FOE); Advocates for Environmental Human Rights; Coletivo Alternative Verde; Community In- 3 The Year in Review power Development Association; Concerned Citizens of Norco; Environmental Rights Action (FOE Nigeria); 4 Niger Delta, Nigeria Global Community Monitor; groundWork (FOE South Injustice as a Shell Trademark Africa); Humane Care Foundation Curacao; Louisiana Bucket Brigade; Niger-Delta Project for the Environment, 7 Durban, South Africa Human Rights and Development; Pacific Environment Communities Doomed with Aging Refinery Watch; Sakhalin Environment Watch; Shell to Sea; South Durban Community Environmental Alliance; and 10 Sao Paulo, Brazil United Front to Oust Oil Depots. -
Iraq – Iran Railway Project: Warnings of Destroying the Grand Faw Port
Iraq – Iran Railway Project: Warnings of Destroying the Grand Faw port Ali Karim Edheeb Al-Baydar Center Publications for Studies and Planning Baidar Center for Studies and Planning About Center Baidar Center for Studies and Planning is a non-governmental and non-profit organization established in 2015 and registered with the NGO Directorate in the General Secretariat of the Council of Ministers in Baghdad. The Center seeks to contribute to developing the state and its institutions, by proposing ideas and practical solutions to the main problems and challenges facing the state, including improving public sector management, policies and strategic planning, using reliable data and best practices. The Center engages the relevant authorities in the state with regular meetings to support this objective and utilises the support of international organizations dedicated to assisting Iraq’s developmemnt. The Center also seeks to support economic reforms, sustainable development and provide technical assistance to the public and private sectors. The Center also seeks to support development of the private sector to provide job opportunities for citizens through training and upskilling, in a way that reduces dependence on government institutions and contributes to supporting and diversfying the country’s economy. The Center aims to utilise the vast amount of potential in Iraq’s human resources by organizing programs to prepare and develop promising young people, including leaders capable of proposing, adopting and implementing visions and future plans that advance society and preserve its value system based on the commitment to a high moral standard and rejection of all types of corruption. 2 Iraq – Iran Railway Project: Warnings of Destroying the Grand Faw port Iraq – Iran Railway Project: Warnings of Destroying the Grand Faw port Ali Karim Edheeb The Grand Faw Port prepares Iraq to be a pathway for 16% of world trade Iraq doesn’t have railways with neighboring countries and relies on the land and seaports for trade exchange.