POR says non-public Cityland is LAND’s principal stockholder

City and Land Developers Inc. (LAND) listed Cityland Inc. as its principal stockholder, with direct ownership of 422,918,496 common shares, or 29.538 percent, and indirect ownership of 731,825,331 common shares, or 51.115 percent, for total holdings of 1,154,770,827 common shares, or 80.653 percent of 1,431,785,284 outstanding common shares with P1 par value, according to LAND’s public ownership report (POR) as of Dec. 31, 2020, which it posted Jan. 26, 2021 on the website of the Philippine Stock Exchange (PSE).

LAND attributed to the public their ownership of 227,316,830 common shares, or 15.876 percent of outstanding. The nine directors, who compose the board, were direct holders of 33,287,202 common shares, or 2.325 percent, and indirectly owned 14,523,468 common shares, or 1.015 percent, for total ownership of 47,810,670 common shares, or 3.339 percent, according to the POR. (When rounded, the result of the multiplication equals 3.34 percent.)

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The nine directors, along with their ownerships of LAND were Sabino R. Padilla Jr.,
chairman of the board; Andrew I. Liuson, vice chairman, 7,695,178 common shares, or 0.537 percent (direct), and 10,410,801 common shares, or 0.727 percent (indirect), for total ownership of 18,105,579 common shares, or 1.265 percent; Stephen C. Roxas, chairman of the executive committee, 12,223,321 common shares, or 0.854 percent (direct), and 3,333,770 common shares, or 0.233 percent (indirect), for a total of 15,557,091 common shares, or 1.087 percent; Grace C. Liuson, 6,737,109 common shares, or 0.471 percent (direct); deputy vice chairman of the board; Josef C. Gohoc, 3,004,274 common shares, or 0.21 percent, and 484,378 common shares; Helen C. Roxas, 143,166 common shares (direct); and Cesar E.A. Virata directly held 98,540 common shares, and Peter S. Dee, 2,110,852 common shares, or 0.147 percent, were LAND’s independent directors.

LAND peaked at a 30-day high of P0.82 on Dec. 17, 2020 when it opened at P0.75; dropped to P0.74; and finished trading at P0.79. It fell to P0.71 on Jan. 20, 2021 when it opened at session high of P0.72; dropped to P0.71; and closed at P0.72.

As of Dec. 31, 2020, Concepcion Industrial Corp. (CIC) reported in its POR 407,263,891 issued common shares of which 5,308,800 were treasury common shares. It left CIC with 401,955,091 outstanding CIC common shares, according to its POR.

In its filing, CIC listed three principal stockholders with directly held 267,513,113 common shares, or 1.049 percent 401,955,091 outstanding common shares. These were Foresight Realty and Development Corp., 92,580,290 common shares, or 23.032 percent; Hyland Realty and Development Corp., 89,387,797 common shares, or 22.238 percent; and Horizon Realty Inc., 85,545,026 common shares, or 22.282 percent. It credited the public with 120,233,194 common shares, or 29.912 percent.

Concepcion said that when it bought back 455,000 shares on Sept. 1, 2020, its reacquisition totaled 5,308,800 common shares, which reduced its outstanding to 401,955,091 common shares from 402,410,091 outstanding common shares.

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CIC had appropriated P387.6 million for the reacquisition of its common shares of which it had spent P96.309 million.

Concepcion peaked at a 30-day high of P23.50 on Jan. 4, 2021 when it opened at P23.40; dropped to session low of P22.55; and closed at P22.65. It fell to a 30-day low of P21.50 on Jan. 19, 2021 when it opened at P21.85; hit a session high of P21.85; and finished trading at P21.65.

Jollibee Foods Corp. said Hyper Dynamic Corp. (HDC) bought 43,000 JFC common shares on Jan. 25, 2021: 3,000 common shares at P185.40 each; 10,000 common shares at P185.50 each; 8,000 common shares at P185.60 each; 9,160 common shares at P185.70 each; 4,840 common shares at P185.80 each; 4,000 common shares at P185.90 each; 2,000 common shares at P186 each; and 2,000 common shares at P186.10 each.

As a result, HDC increased by 43,000 common shares its JFC holdings to 277,702,390 common shares, or 25.07 percent of 1,107,712,270 outstanding common shares from 277,639,390 common shares, or 25.064 percent.

On Jan. 25, 2021, JFC opened at P186.50; hit a session high of P186.60; dropped to P185.40; and closed at P185.70. It peaked at a 30-day high of P211 on Dec. 9, 2020 when it opened at P209, which was its low; and closed at P210.60. It fell to a 30-day low of P180 on Jan. 26, 2021 when it opened at P185.60, its session high; and finished trading at its low of P180.

Ainslee Anne T. Lao is the assistant corporate secretary of D&L Industries Inc. (DNL). She
increased her ownership to 19,372,002 common shares when she bought 110,000 common shares at P7.31 per share on Jan. 19, 2021. She used to directly own 1,273,600 DNL common shares. In addition, she indirectly holds 17,988,402 common shares. Her acquisition of 110,000 DNL common shares increased her ownership to 19,372,002 common shares.

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Lao’s earlier acquisitions were: 10,000 DNL common shares at P7.31 per share on Jan. 18, 2021; and 1,100 common shares at P7.48 per share on Jan. 14, 2021.

A POR as of Dec. 31, 2020, that was posted on PSE website on Jan. 14, 2021 listed Lao as holder of 1,113,600 common shares (direct) and 17,401,874 common shares, which totaled 18,515,474 common shares, or 0.259 percent of 7,142,857,990 outstanding common shares.

D&L Industries peaked at a 30-day high of P7.93 on Jan. 12, 2021 when it opened at P7.90; dropped to session low of P7.65; and closed at P7.76. It fell to a 30-day low of P6.85 on Jan. 21, 2021 when it opened at P7.05; climbed to P7.10; and closed at P7.
Why is Lao buying more DNL shares? Just asking.

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Article and Photo originally posted by Manila Times last April 5, 2021 12:00am and written by Emeterio SD. Perez.

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