9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common
13,277,470,000
Preferred
3,780
11. Indicate the item numbers reported herein
Item no. 9
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
DMCI Holdings, Inc.DMC
PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C) Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
DMCI invests in cutting-edge steel plant
Background/Description of the Disclosure
D.M. Consunji, Inc. (DMCI) has completed the construction of a P900 million state-of-the-art steel plant in Calaca, Batangas.
The newest high capacity steel fabrication plant in the country, the DMCI facility uses machine tool technology from Peddinghaus Corporation and Voortman Steel Machinery. Both are globally acknowledged suppliers of innovative machine tool technology for structural steel and plate fabrication.
The last known high capacity steel fabrication plant in the Philippines was established in the 1980s.
The DMCI steel plant has the capacity to fabricate heavy steel sections for power plants, infrastructure and steel vertical structures. It currently supplies the requirements of the DMCI group but plans are underway to secure sales contracts with other industrial and construction companies.
Since it began operations, the facility has generated employment for over 240 people, most of whom are from the Province of Batangas.
“The idea to set up a steel fabrication facility came about in April 2013. We did market and business case studies for a couple of months before breaking ground in November 2014,” said DMCI President Jorge A. Consunji.
“Right now, we are completing the ancillary building structures while our fabrication operations are on-going,” he added.