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Synergy Grid & Development Phils., Inc.

Company Description
Synergy Grid & Development Phils., Inc. (SGP) was originally incorporated on June 1, 1970 as Mankayan Minerals Development Company, Inc. On February 22, 1994, the Securities and Exchange Commission (SEC) approved the Company's change in corporate name to UEM Development Phils., lnc., and the change in primary purpose from engaging in mining activities to general construction and other allied businesses.

On March 28, 2011, the SEC approved the change in corporate name to the present one, as well as the change in primary purpose to engage in power, energy, utilities, infrastructure and allied businesses.

In January 2015, SGP entered into a shared services agreement with Monte Oro Grid Resources Corporation and Calaca High Power Corporation. The Company shall render monthly management consulting and financial advisory services and, in consideration of the services rendered, shall receive a monthly management fee from each entity. The shared services agreement is effective until December 31, 2021.

Source: SEC Form 17-A (2020)
Security Information
Sector Industrial
Subsector Electricity, Energy, Power & Water
Corporate Life Perpetual
Incorporation Date Jun 01, 1970
Number of Directors 7
Stockholders' Meeting as per By-Laws October - third Thursday at 5 pm except holidays
Fiscal Year 12/31 (Month/Day)
External Auditor R.G. Manabat & Co.
Transfer Agent Stock Transfer Service, Inc.
Contact Information
Business Address 16th Floor, Tycoon Center Bldg. Condominium, Pearl Drive, Pasig City
E-mail Address [email protected]
Telephone Number (632) 8584-3930
Fax Number (632) 8584-3930