공시 • Nov 29
Holcim Philippines, Inc.(PSE:HLCM) dropped from PSE All Share Index Holcim Philippines, Inc. has been dropped from PSE All Share Index. 공시 • Sep 27
Holcim Philippines Seeks to Voluntarily Delist its Shares from the Philippine Stock Exchange by November 27, 2023 Holcim Philippines, Inc. is seeking to voluntarily delist its shares from the Philippine Stock Exchange (PSE) by November 27, 2023 after two rounds of tender offers by Holderfin B.V. has reduced its public float to just 1.42% which would lead to its forced delisting. “The Board of Directors and stockholders of the Company approved the voluntary delisting of the Company from the Main Board of the PSE on June 29, 2023 and September 22, 2023, respectively,” Holcim said in a disclosure to the PSE. It added that, “the Company believes that it has satisfied all the conditions in PSE Memorandum CN No. 2020- 0104, the amended Voluntary Delisting Rules (the Delisting Rules), to delist its Common Shares from the Main Board of the PSE.” On June 29, 2023, Holderfin purchased from Sumitomo Osaka Cement Co. Ltd. 594,952,725 common shares of Holcim Philippines representing 9.22% of the company’s issued and outstanding capital stock-reducing the company’s public float to 5.05%-below the minimum public float requirement of 10%. Given this, Holderfin, one of the company’s major shareholders, initiated a voluntary tender offer proceedings for purposes of delisting the company’s shares from the PSE. On July 10 to August 30, the first tranche of the voluntary tender offer was conducted by Holderfin. Following the close of the Tender Offer Period, 233.8 million Common Shares, representing approximately 3.62% of the company’s issued and outstanding Common Shares, were tendered pursuant to the Tender Offer and were purchased by the Bidder on the Execution Date. As of September 6, the total ownership of Holderfin along with two of its affiliates, Union Cement Holdings Corporation and Cemco Holdings, Inc. has reached 6.36 billion Common Shares, representing approximately 98.58% of Holcim's issued and outstanding Common shares. Consequently, the PSE imposed a trading suspension of Holcim’s Common Shares on June 29 for falling below the minimum public float requirement. The company has informed Holderfin that, due to prevailing market and other conditions, it will be unable to increase the required MPO within a reasonable period of time. If the Company is unable to comply with the MPO, it may face involuntary delisting procedures under the PSE’s rules. To avoid such involuntary delisting proceedings against the Company, Holderfin conducted a tender offer of the remaining shares in the Company preparatory to the Company’s voluntary delisting. 공시 • Jun 30
Holcim Philippines to Quit Philippine Stock Exchange as Public Float Drops Holcim Philippines Inc. is planning to delist from the Philippine Stock Exchange (PSE) after deciding that it would be unable to raise its public float - already below the required minimum - after a shareholder increased its interest in the company. In a disclosure on June 29, 2023, Holcim said that Dutch firm Holderfin B.V. had purchased a 9.22% stake held by Sumitomo Osaka Cement Co. Ltd. via a block sale. This raised Holderfin's interest in Holcim to 27.33% from 18.11%. Holcim's public float - at 14.27% prior to the transaction and below the minimum requirement of 20% - subsequently dropped to 5.05%. "Accordingly, Holderfin informed the company that if the company will be unable to issue additional shares to the public sufficient to raise its public float to the required level, Holderfin is prepared to make a tender offer for all outstanding common shares of the Company held by the public with the aim of subsequently conducting a voluntary delisting of the company's common shares from the main board of the PSE," Holcim said. It initially said that it was "carefully evaluating the feasibility and potential benefits of pursuing the voluntary delisting" but later issued another disclosure saying that Holderfin would be proceeding with the tender offer. "The company will not be able to raise the required MPO (minimum public ownership) within a reasonable period due to prevailing market conditions," Holcim said. Reported Earnings • May 13
First quarter 2023 earnings released: EPS: ₱0.06 (vs ₱0.065 in 1Q 2022) First quarter 2023 results: EPS: ₱0.06 (down from ₱0.065 in 1Q 2022). Revenue: ₱6.64b (down 1.4% from 1Q 2022). Net income: ₱356.0m (down 15% from 1Q 2022). Profit margin: 5.4% (down from 6.2% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. 공시 • May 12
Holcim Philippines, Inc. Elects Gerardo Ablaza, Jr as Director Holcim Philippines, Inc. at its Annual Stockholders' Meeting held on May 11, 2023, elected Gerardo Ablaza, Jr as director for the upcoming year. Reported Earnings • Mar 26
Full year 2022 earnings released: EPS: ₱0.15 (vs ₱0.40 in FY 2021) Full year 2022 results: EPS: ₱0.15 (down from ₱0.40 in FY 2021). Revenue: ₱26.6b (down 1.3% from FY 2021). Net income: ₱941.8m (down 63% from FY 2021). Profit margin: 3.5% (down from 9.5% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 32% per year. 
