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Philippine Seven Corporation

Company Description
Philippine Seven Corporation (SEVN) was registered with the Securities and Exchange Commission (SEC) on November 23, 1982. The Company acquired from Seven Eleven, Inc. of Dallas, Texas the license to operate 7-Eleven stores in the Philippines on December 13, 1982. SEVN opened its first store in February 1984 at the corner of Kamias Road and EDSA Quezon City, Metro Manila.

In July 1988, SEVN transferred its Philippine area license to operate 7-Eleven stores to its affiliate, Phil-Seven Properties Corporation (PSPC), together with some of its store properties, in exchange for shares of stock of PSPC. In May 1996, the stockholders of both SEVN and PSPC approved the merger of the two companies, with the SEC subsequently approving the merger in October that same year. PSPC was then absorbed by SEVN as the surviving entity.

SEVN and its subsidiaries are primarily engaged in the business of retailing, merchandising, buying, selling, marketing, importing, exporting, franchising, acquiring, holding, distributing, warehousing, trading, exchanging, or otherwise dealing in all kinds of grocery items, dry goods, food or foodstuffs, beverages, drinks, and all kinds of consumer needs or requirements and in connection therewith, operating or maintaining warehouses, storages, delivery vehicles and similar or incidental facilities. The Company is also engaged in the management, development, sale, exchange, and holding for investment or otherwise of real estate of all kinds, including buildings, houses, and apartments and other structures.

As of December 31, 2016, the Company is operating 1,995 stores, 869 of which are franchise stores under FC1, 235 franchise stores under FC2, and the remaining 891 are Company-owned.

Source: SEC Form 17-A (2016)
Security Information
Sector Services
Subsector Retail
Corporate Life 50
Incorporation Date Nov 23, 1982
Number of Directors 11
Stockholders' Meeting as per By-Laws Third week of July
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Banco de Oro Unibank, Inc. - Trust Banking Group
Contact Information
Business Address 7/F The Columbia Tower Ortigas Ave., Mandaluyong City
E-mail Address
Telephone Number (02) 724-4441 to 51
Fax Number (02) 705-5209