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Pepsi-Cola Products Philippines, Inc.
| Pepsi-Cola Products Philippines, Inc. (PIP) was incorporated and registered with the Securities and Exchange Commission (SEC) on March 8, 1989 primarily to engage in manufacturing, sale and distribution of carbonated soft drinks and non-carbonated beverages, and confectionery products to retail, wholesale, restaurants and bar trades. On August 27, 2014, the SEC approved the amendment of PIP's primary purpose to also engage in the manufacturing, sale and distribution of snacks, food and food products. PIP's major shareholder is Lotte Corporation (LC) which owns a 42.22% equity interest. In March 2020, the Philippine Competition Commission approved the proposed acquisition of LC's subsidiary, Lotte Chilsung Beverage Co., Ltd. (Lotte Chilsung), of the remaining shares of PIP. Lotte Chilsung completed its tender offer in June 2020, under which it was able to acquire 30.7% of the total outstanding and issued shares, bringing the Company's public ownership level down to 2.1%. The Company remains the exclusive bottler in the Philippines of PepsiCo's beverage brands Pepsi, Mountain Dew, 7-Up, Mirinda, Mug, Gatorade, Tropicana, Sting, and Aquafina. Source: SEC Form 17-A (2019) |
| Sector | Industrial |
|---|---|
| Subsector | Food, Beverage & Tobacco |
| Corporate Life | 50 |
| Incorporation Date | Mar 08, 1989 |
| Number of Directors | 9 |
| Stockholders' Meeting as per By-Laws | Last Friday of May |
| Fiscal Year | 12/31 (Month/Day) |
| External Auditor | R.G. Manabat & Co. |
| Transfer Agent | Stock Transfer Service, Inc. |
| Business Address | Km. 29 National Road Tunasan Muntinlupa City Philippines 1773 |
|---|---|
| E-mail Address | [email protected] |
| Telephone Number | (02) 8887-3774 |
| Fax Number | (02) 8850-0928 |
| Website | https://www.pepsiphilippines.com |
