Business Continuity in the Era of Covid-19
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Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA
Retirement Strategy Fund 2060 June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA ACTIVIA PROPERTIES INC REIT 0.0137% 0.0137% AEON REIT INVESTMENT CORP REIT 0.0195% 0.0195% ALEXANDER + BALDWIN INC REIT 0.0118% 0.0118% ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 0.0585% 0.0585% ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 0.0329% 0.0329% ALLIED PROPERTIES REAL ESTAT REIT 0.0219% 0.0219% AMERICAN CAMPUS COMMUNITIES REIT USD.01 0.0277% 0.0277% AMERICAN HOMES 4 RENT A REIT USD.01 0.0396% 0.0396% AMERICOLD REALTY TRUST REIT USD.01 0.0427% 0.0427% ARMADA HOFFLER PROPERTIES IN REIT USD.01 0.0124% 0.0124% AROUNDTOWN SA COMMON STOCK EUR.01 0.0248% 0.0248% ASSURA PLC REIT GBP.1 0.0319% 0.0319% AUSTRALIAN DOLLAR 0.0061% 0.0061% AZRIELI GROUP LTD COMMON STOCK ILS.1 0.0101% 0.0101% BLUEROCK RESIDENTIAL GROWTH REIT USD.01 0.0102% 0.0102% BOSTON PROPERTIES INC REIT USD.01 0.0580% 0.0580% BRAZILIAN REAL 0.0000% 0.0000% BRIXMOR PROPERTY GROUP INC REIT USD.01 0.0418% 0.0418% CA IMMOBILIEN ANLAGEN AG COMMON STOCK 0.0191% 0.0191% CAMDEN PROPERTY TRUST REIT USD.01 0.0394% 0.0394% CANADIAN DOLLAR 0.0005% 0.0005% CAPITALAND COMMERCIAL TRUST REIT 0.0228% 0.0228% CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1 0.0105% 0.0105% CITY DEVELOPMENTS LTD COMMON STOCK 0.0129% 0.0129% CK ASSET HOLDINGS LTD COMMON STOCK HKD1.0 0.0378% 0.0378% COMFORIA RESIDENTIAL REIT IN REIT 0.0328% 0.0328% COUSINS PROPERTIES INC REIT USD1.0 0.0403% 0.0403% CUBESMART REIT USD.01 0.0359% 0.0359% DAIWA OFFICE INVESTMENT -
2015 SMPHI Annual Report
SUSTAINING GROWTH, DELIVERING VALUE 10th Floor, OneE-com Center Harbor Drive, Mall of Asia Complex Pasay City 1300, Philippines Email: [email protected] www.sminvestments.com 2 IFC Our Business Philosophy 2 Business Highlights & Impact 6 Financial Highlights 7 Shareholder Value SM INVESTMENTS CORPORATION SM INVESTMENTS OUR BUSINESS PHILOSOPHY 8 Ten-Year Performance Overview 10 Our Business Footprint 12 Message to Shareholders SM Investments Corporation is the Philippines’ largest 14 President’s Report publicly-listed holding company that holds a group of sustainable businesses in retail, property and financial services. The Group thrives on leadership, innovation 18 RETAIL OPERATIONS and highly synergistic operations. • THE SM STORE Our Vision is to build world-class businesses that are • SM Markets catalysts for development in the communities we serve. Our long history of sustained growth is an indication of our ability to deliver value for all our stakeholders through sound financial management, leadership, innovation, long-term sustainability efforts and a comprehensive development program for all our host communities. Through our interests and activities, Our Mission is to strive to be a good corporate citizen by partnering with our host communities in providing consistently high standards of service to our customers, look after the welfare of our employees, and deliver sustainable returns to our shareholders at all times, upholding the highest standards of corporate governance in all our businesses. 28 PROPERTY Over the years, we have been committed to sustaining • Malls our growth, in creating value and delivering quality • Residences products and services that our millions of customers aspire for. We are here to serve. -
FTSE Publications
2 FTSE Russell Publications 28 October 2020 FTSE Philippines USD Net Tax Index Indicative Index Weight Data as at Closing on 27 October 2020 Constituent Index weight (%) Country Constituent Index weight (%) Country Constituent Index weight (%) Country Aboitiz Power 1.55 PHILIPPINES JG Summit Holdings 6.55 PHILIPPINES Semirara Mining and Power 0.48 PHILIPPINES Alliance Global 1.11 PHILIPPINES Jollibee Foods 2.48 PHILIPPINES SM Investments 16.27 PHILIPPINES Ayala Corporation 8.63 PHILIPPINES LT Group 1.16 PHILIPPINES SM Prime Hldgs 10.52 PHILIPPINES Ayala Land 9.44 PHILIPPINES Manila Electric 2.7 PHILIPPINES Universal Robina 4.26 PHILIPPINES Bank of The Philippine Islands 4.65 PHILIPPINES Megaworld 1.25 PHILIPPINES BDO Unibank 6.27 PHILIPPINES Metro Pacific Investments 1.97 PHILIPPINES Bloomberry Resorts 0.9 PHILIPPINES Metropolitan Bank & Trust 2.63 PHILIPPINES DMCI Holdings 0.65 PHILIPPINES PLDT 4.32 PHILIPPINES Globe Telecom 2.08 PHILIPPINES Puregold Price Club 1.44 PHILIPPINES GT Capital Holdings 1.51 PHILIPPINES San Miguel 1.28 PHILIPPINES International Container Terminal Service 4.37 PHILIPPINES San Miguel Food and Beverage 1.52 PHILIPPINES Source: FTSE Russell 1 of 2 28 October 2020 Data Explanation Weights Weights data is indicative, as values have been rounded up or down to two decimal points. Where very small values are concerned, which would display as 0.00 using this rounding method, these weights are shown as <0.005. Timing of data Constituents & Weights are generally published in arrears and contain the data as at the most recent quarter-end. However, some spreadsheets are updated on a more frequent basis. -
Diversification Strategies of Large Business Groups in the Philippines
Philippine Management Review 2013, Vol. 20, 65‐82. Diversification Strategies of Large Business Groups in the Philippines Ben Paul B. Gutierrez and Rafael A. Rodriguez* University of the Philippines, College of Business Administration, Diliman, Quezon City 1101, Philippines This paper describes the diversification strategies of 11 major Philippine business groups. First, it reviews the benefits and drawbacks of related and unrelated diversification from the literature. Then, it describes the forms of diversification being pursued by some of the large Philippine business groups. The paper ends with possible explanations for the patterns of diversification observed in these Philippine business groups and identifies directions for future research. Keywords: related diversification, unrelated diversification, Philippine business groups 1 Introduction This paper will describe the recent diversification strategies of 11 business groups in the Philippines. There are various definitions of business groups but in this paper, these are clusters of legally distinct firms with a managerial relationship, usually by virtue of common ownership. The focus on business groups rather than on individual firms has to do with the way that business firms in the Philippines are organized and managed. Businesses that are controlled and managed by essentially the same set of principal owners are often organized as separate corporations, not as separate divisions within the same firm, as is often the case in American corporations like General Electric, Procter and Gamble, or General Motors (Echanis, 2009). Moreover, studies on emerging markets have pointed out that business groups often occupy dominant positions in the business landscape in markets like India, Korea, Indonesia, Thailand, and the Philippines (Khanna & Palepu, 1997; Khanna & Yafeh, 2007). -
First Metro Consumer Fund
FUND FACT SHEET | JUNE 26, 2020 FIRST METRO CONSUMER FUND INVESTMENT OBJECTIVE NAVPS GRAPH The Consumer Fund seeks long-term return from investments with concentration in companies that are part of the consumer industry 1.20 and derive its revenues largely on consumer related business activities. The Fund is suitable for investors who are willing to take 1.00 higher risk for potentially high capital return over the medium to 0.80 long term. 0.60 INVESTMENT INFORMATION 0.40 Fund Classification Equity Fund 0.20 Risk Profile Aggressive Fund Currency Philippine Peso 0.00 Jun-18 Jun-19 Jun-20 Inception Date January 12, 2018 Net Asset Value per Share (NAVPS) Php 0.6680 Fund Size Php 385 M YOY Return (06/26/2020) -24.80% HISTORICAL PERFORMANCE Annualized Volatility 19.35% YTD 1YR S.I.* Management Fee up to 1.750% per annum Annualized - -24.80% -13.18% Min. Initial Investment Php 5,000 Cumulative -21.35% -24.80% -29.15% Min. Add’l Investment Php 1,000 Min. Holding Period 6 months *Since Inception – January 12, 2018 Sales Load max. of 2% Exit Fee 1.00% within 6 months Redemption Notice Period max. of 7 days ASSET ALLOCATION PORTFOLIO MIX Valuation Method Marked-to-Market Custodian Bank Citibank HOLDING FIRMS Transfer Agent Metrobank Trust 53% EQUITY 87.55% 2% INDUSTRIAL CASH & 12.45% MARKET COMMENTARY OTHER ASSETS PSEi : 6,191.84, YTD : -20.77% 45% SERVICES PSEi ended at 6,191.84 pts, down by 123.23 pts. Majority of the sectors ended the week as losers: Conglomerates TOP 10 HOLDINGS (-2.35%), Industrials (-0.94%), Properties (-2.89%), Mining (+3.75%), Services (-0.04%), and Banks (-0.94%). -
Download Rate 82 Sessions Conducted 526 Childcare Leaves Credited 81% Access Rate 42% Activated Accounts Vs
Integrated Report 2020 1 Our Story Inspiring Resilience Integrated Report 2020 2 Integrated Report 2020 Our Story About this Report (102-46, 102-47, 102-49, 102-50, 102-51, 102-54) SM Prime Holdings, Inc. presents the first annual Integrated Report and the ninth edition following the Global Reporting Initiative (GRI) Framework. This Integrated Report features the International Integrated Reporting Council (IIRC) framework that uses the economic, environment, social and governance pillars of sustainability in combination with the six capitals: Financial, Manufactured, Intellectual, Environment, Human and Social and Relationship. The financial and non-financial information contained herein covers reporting from January to December 2020 and discusses SM Prime’s assets where the business has an organizational boundary. The report shares the performance and consolidated data of its malls, residences, leisure resorts, offices, hotels and convention centers. This report has been prepared in accordance with the GRI Standards: Core Option and the Task Force on Climate-related Financial Disclosures alongside multiple internationally recognized frameworks such as the UN Sustainable Development Goals, UN Global Compact and the Sendai Framework for Disaster Risk Reduction (2015-2030). This report is entitled Inspiring Resilience to describe the year in terms of the Company’s strength, dedication and response to Cover Photo: any challenge. SM Mall of Asia’s iconic globe reflects a public health and safety message in line with #SafeMallingatSM. The online version of the 2020 SM Prime Integrated Report is Next Page: available at the SM Prime website (www.smprime.com). Part of the Bike-Friendly SM program, commuters ply the new bike lane at the Feedback on the report may be sent to [email protected]. -
Bloomberry 1Q2021 EBITDA at P1.4 Billion, Net Loss at P781 Million Lower Year-Over-Year, but Improved from Previous Quarter
BLOOMBERRY RESORTS CORPORATION ! (incorporated in the Philippines) PSE: BLOOM FIRST QUARTER 2021 UNAUDITED RESULTS ANNOUNCEMENT Bloomberry 1Q2021 EBITDA at P1.4 billion, net loss at P781 million Lower year-over-year, but improveD from previous quarter 1Q2021 HIGHLIGHTS: Solaire recorded 88 days of limited operations in the first quarter and was closed on March 29, 2021 as the government reverted Metro Manila and nearby provinces to Enhanced Community Quarantine (ECQ) – the strictest form of quarantine. The ECQ was eased to Modified Enhanced Community Quarantine (MECQ) on April 12, 2021. Solaire remains closed to the public. Jeju Sun in South Korea remains closed. Total GGR at Solaire was P6.9 billion, representing a decrease of 44% from P12.2 billion in the first quarter of 2020. GGR at Solaire improved by 29% compared to the fourth quarter of 2020 as domestic patron confidence improved prior to the return to ECQ at the end of March. Consolidated net revenue was P5.5 billion, representing a decline of 41% year-over-year. Consolidated EBITDA was P1.4 billion, representing a decrease of 59% from P3.5 billion in the same quarter last year and meaningfully higher than the P129.3 million consolidated EBITDA recorded in the fourth quarter of 2020. Consolidated net loss was P780.8 million, representing a reversal from P1.4 billion net profit in the same quarter last year. Net loss improved by 68% compared to the P2.5 billion net loss reported in the fourth quarter of 2020. Consolidated cash and cash equivalents balance as of March 31, 2021 was P23.4 billion. -
The Business Case for Disaster Risk Reduction
The business case for disaster risk reduction From Shared Risk to Shared Value Manila, Philippines, 16-17 June 2014 FINAL REPORT "Economic losses from disasters are out of control and can only be reduced in partnership with the private sector which is responsible for 70% to 85% of all investment worldwide in new buildings, industry and small to medium sized enterprises. The principles of disaster risk reduction must be taught at business schools and become part of the investor's mind-set." • UN Secretary -General Ban Ki -moon “We need to bridge the gap in understanding and convince business owners of the need to move beyond basic continuity planning, and to consider the opportunity to create value in markets with products that address disaster risk and the important role of public-private sector partnership in disaster recovery.” • President of SM Prime Mr Hans Sy 1 Making the case: The President of SM Prime, Mr Han Sy, tells the Philippines’ private sector that disaster risk management is both good business and good for business. Rationale: the private sector and disaster risk reduction In future, trillions of dollars of new business investment will pour into hazard-exposed regions, determining whether disaster risk continues to accumulate and underlying risk drivers remain unaddressed. The Philippines is one of the most exposed and vulnerable countries in the world in terms of disaster risk. The November 2013 Typhoon Haiyan (known as Yolanda locally) is the most recent – and tragic – illustration of this fact. A post-disaster needs assessment from the 2009 Typhoon Ketsana (known as Ondoy locally) revealed that 90% of losses were sustained by the private sector. -
The Family Business: Statistics, Profiles and Peculiarities by Sheelah E
The Family Business: Statistics, Profiles and Peculiarities By Sheelah E. Johnston The family business is the world’s dominant form of business organization. Based on figures compiled by the Family Firm Institute (FFI), family firms comprise 80 to 90% of all businesses in North America. In the United Kingdom 75% of all businesses are family businesses. Contrary to most expectations, family businesses are not limited to small, “mom and pop” operations. Some of the world’s biggest and best-known companies are actually family-owned. In the United States, some 37% of Fortune 500 companies are family-owned while 60% of publicly-listed companies are family-controlled (FFI figures). Wal-Mart, Ford, Mars Corporation, J.P. Morgan, Firestone, DuPont and Levi Strauss are some examples of big family businesses in the U.S. Other family-owned or family-controlled multinational companies with popular brands include: L’Oreal (France), Benetton (Italy), Siemens (Germany), Ikea (Sweden), Lego (Denmark) and Kikkoman (Japan). In the Philippines, it is estimated that at least 80% of businesses are family-owned. In fact, most big corporations are family-owned or family-controlled. These companies, whose ownership may be already dispersed, are still identified with the founding family. They would include Ayala Corporation (Ayala family), Metrobank (George Sy Family), ABS-CBN and Meralco (Lopez family), J.G. Summit Holdings (Gokongwei family) and SM Prime Holdings (Henry Sy family). Although these companies are publicly listed and hence, ownership may include non-family shareholders, each family’s influence on these companies is still far-reaching: the top position is occupied by a family member. -
A Product of Wealth Securities, Inc
A Product of Wealth Securities, Inc. Index Value Change % Chg PSEi 4,943.84 63.13 1.2935 All Shares 3,316.40 32.09 0.9771 Financials 1,191.05 29.48 2.5379 Industrial 7,262.42 12.93 0.1784 Holding Firms 3,925.41 38.24 0.9837 Property 1,896.52 79.90 4.3983 Services 1,789.17 16.32 0.9039 Mining & Oil 25,836.87 677.18 2.6915 20 Feb 2012: 4,943.84 + 63.13 Value T/O, net Php 5,203 million 52-week High 4,966.94 Low 3,705.18 Foreign Buying: Php 5,179 million Foreign Selling: Php 2,492 million Dow Jones 12,949.90 +45.79 FTSE 100 5,945.25 +40.18 NIKKEI 225 9,485.09 +100.92 Index Movers Points Ayala Land Inc. +16.33 SM Prime Holdings +15.27 TEL, MER, MPI hit profit guidance for 2011 Aboitiz Equity Ventures +12.01 Manuel V. Pangilinan, chairman of PLDT, Meralco and Metro Pacific Investments, told Banco De Oro +10.05 reporters yesterday that all three companies were able to hit their respective profit PLDT -8.86 guidance for 2011. This means that for Meralco, the company hit a projected P14.50B in Index Out- net profits for 2011. Meralco reported earlier that its nine months net profits reached Up performers P11.66B, 27.4% higher than on the same period in 2010. For MPIC, the company projected SM Prime Holdings 8.02% Banco De Oro 5.37% P5B in net profits for the full year of 2011. -
Securities and Exchange Commission Sec Form 17-C
C04477-2018 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) Jun 27, 2018 2. SEC Identification Number A1999-04864 3. BIR Tax Identification No. 204-636-102 4. Exact name of issuer as specified in its charter Bloomberry Resorts Corporation 5. Province, country or other jurisdiction of incorporation Philippines 6. Industry Classification Code(SEC Use Only) 7. Address of principal office The Executive Office, Solaire Resort & Casino, 1 Asean Avenue, Entertainment City, Barangay Tambo, Parañaque City Postal Code 1701 8. Issuer's telephone number, including area code (02) 8838920 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 Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Unclassified Shares 11,013,030,591 11. Indicate the item numbers reported herein Item (9) Other Events 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. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party. Bloomberry Resorts Corporation BLOOM PSE Disclosure Form 10-1 - Acquisition or Disposition of Shares by Subsidiaries/Affiliates Reference: Section 10 of the Revised Disclosure Rules Subject of the Disclosure Acquisition and/or Sale of BLOOM Shares by Bloomberry Resorts & Hotels Inc. -
2020 BRC Sustainability Report.Pdf
ABOUT THE REPORT 102-45, 102-50, 102-51, 102-52, 102-53, 102-54 United in Resilience is the theme of Solaire business and profit interests while keeping in mind Resort and Casino's ("Solaire") 2020 Economic, its responsibilities to its customers, employees, Environmental, Social, and Governance (EESG) society and the environment. The company’s Report. Solaire is owned and operated by Sureste efforts toward ethical business practices in its value Properties Inc. (Sureste), and Bloomberry Resorts chain are similarly presented in this publication. and Hotels Inc. (BRHI) - both subsidiaries of The reporting framework prescribed in the Global Bloomberry Resorts Corporation (Bloomberry). Reporting Initiative (GRI) Standards: Core option is applied throughout this publication, along with the Since its first report in 2019, Solaire continues to Hotel & Lodging, Casino & Gaming, and Restaurants provide an annual published summary of Solaire’s Standards from the Sustainability Accounting triple bottom line performance for the year. This Standards Board (SASB). The report also builds on report, covering January 1 to December 31, 2020, the initial alignments of Solaire’s operations with accounts for Solaire’s operations in the Philippines the UN Sustainable Development Goals (SDGs). — from the company’s gaming and resort operations The complete list of GRI material topics and its to its retail and performing arts platforms. It also boundaries are presented in pages 16-20. These includes actions that were taken during the natural disclosure levels are detailed in the GRI Index at calamities in 2020, including the Taal eruption and the end of this report (page 59). The company the COVID-19 Pandemic.