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SBS Philippines Corporation

Company Description
SBS Philippines Corporation (SBS) was incorporated and registered with the Securities and Exchange Commission (SEC) on July 17, 2001 originally as Sytengco Philippines Corporation. The Company traces its roots to the 1970s when its founder Mr. Necisto U. Sytengco opened a single proprietorship merchandising firm in Sta. Cruz, Manila to engage in the import-wholesale trade of chemicals and other products. On November 18, 2014, the SEC approved the Company's change in name to the present one.

The core of SBS' operations is in the trading and warehouse distribution business as the Company generally procures chemicals by bulk and sells and distributes them to market customers in relatively smaller quantities. The Company offers a selection of chemical products to service the food; industrial; agribusiness, feeds and veterinary care; pharmaceuticals; and personal care and cosmetics industries.

SBS markets the chemical products to domestic customers through direct selling efforts and through other traders on wholesale basis. The products are delivered to the customers either through warehouse distribution or direct distribution. The Company has five warehouse facilities and distribution depots, two of which are located in Quezon City and one each in Mandaluyong City, Malabon City, and Marilao, Bulacan.

In 2016, SBS invested in small ownership stakes in companies investing in real properties. These "co-investment" rights of the Company involve a 37% shareholding interest in Lakerfield Philippine Holdings Corp., 25% shareholding interest in Ayschester Holdings Corp., 37.25% shareholding interest in Cleon Phils. Holdings Corp., and 17% shareholding interest in I Bonding Holdings Corporation. The Company also established a wholly-owned subsidiary, SBS Holdings and Enterprises Corporation for purpose, among others, of holding, acquiring or participating in investments in companies involved in property-related investments and engaging in property-related businesses.

Source: SEC Form 17-A (2016)
Security Information
Sector Services
Subsector Other Services
Corporate Life 50
Incorporation Date 17-JUL-01
Number of Directors 9
Stockholders' Meeting as per By-Laws Last Friday of June each year
Fiscal Year 12/31 (Month/Day)
External Auditor Punongbayan & Araullo
Transfer Agent Banco de Oro Unibank, Inc. - Trust Banking Group
Contact Information
Business Address No. 10 Resthaven Street, San Francisco Del Monte, Quezon City
E-mail Address
Telephone Number (02) 371 1111
Fax Number (02) 371 1288