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|Pryce Corporation (PPC), formerly Pryce Properties Corporation, was incorporated and registered with the Securities and Exchange Commission on September 7, 1989. The Company was established basically as a property holding and real estate development company. The Company concentrates its operations in Mindanao and is involved in the development of memorial parks and sale of memorial lots; in the past, the Company developed residential and commercial properties.
PPC owns and operates 12 memorial parks in Mindanao's major cities such as Cagayan de Oro, Iligan City, Ozamiz, Polanco (near Dipolog City), Zamboanga City, Davao City, including smaller-sized memorial parks suited for Mindanao's secondary cities or major municipalities namely, Manolo Fortich and Malaybalay City in Bukidnon, Malita in Davao del Sur, Bislig in Surigao del Sur, Alabel in Saranggani and in Pagadian City.
The Company has three subsidiaries namely, Pryce Gases, Inc. (PGI), Oro Oxygen Corporation (OOC), and Pryce Pharmaceuticals, Inc. (PPI). PGI manufactures and distributes industrial gases and liquefied petroleum gas (LPG) while OOC trades and markets in general merchandise, industrial, medical and other gases and LPG. On the other hand, PPI trades pharmaceutical products.
On July 31, 2015, PPC received an Order from the Court granting the Company's motion to terminate and close its corporate rehabilitation proceedings. The order came after PPC presented/asserted before the Court that the Company's corporate rehabilitation has been successful, whilst the rehabilitation receiver requested for his discharge after filing his final report as required by the Court. The termination/closure of PPC's rehabilitation proceedings will enable the Company to start anew with a clean slate and enable it to better achieve its business and growth objectives as a publicly listed company.
Source: SEC Form 17-A (2015)/The Company (2015)
|Incorporation Date||Sep 07, 1989|
|Number of Directors||9|
|Stockholders' Meeting as per By-Laws||May - fourth Wednesday at 3 pm except holidays|
|Fiscal Year||12/31 (Month/Day)|
|External Auditor||Diaz, Murillo, Dalupan & Co.|
|Transfer Agent||Banco de Oro Unibank, Inc. - Trust Banking Group|
|Business Address||17/F Pryce Center 1179 Chino Roces Ave. Cor. Bagtikan St., Makati City|
|E-mail Addressfirstname.lastname@example.org; email@example.com|
|Telephone Number||(+632) 899-4401|
|Fax Number||(632) 899-6866 and/or 899-9638|