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Prime Media Holdings, Inc.
| Prime Media Holdings, Inc. (PRIM) was originally incorporated on February 6, 1963 as Private Development Corporation of the Philippines and then changed to PDCP Development Bank, Inc. that same year. On June 6, 2000, the Company changed its name to First e-Bank Corporation and then eventually shifted to its current name on October 20, 2003. In 2002, Banco de Oro Unibank, Inc. assumed the servicing of PRIM's deposit liabilities and other banking functions. On December 6, 2002, the Board of PRIM approved the change in primary purpose from a development bank to a holding company, which would hold investments in the media industry. In view of the very minimal operations, the Company gradually retired all its employees by 2010 and engaged consultants/service providers to service its requirements. On May 23, 2023, the Company entered into a joint venture agreement with ABS-CBN to create a joint venture company which will develop, produce and finance content programs and shows for distribution to local and international broadcast networks, channels and platforms. On July 5, 2023, the parties incorporated such joint venture company under the name, Media Serbisyo Production Corp. with ownership ratio of 51:49 between Prime Media and ABS-CBN. Source: SEC Form 17-A (2023) |
| Sector | Holding Firms |
|---|---|
| Subsector | Holding Firms |
| Corporate Life | 50 |
| Incorporation Date | Feb 06, 1963 |
| Number of Directors | 7 |
| Stockholders' Meeting as per By-Laws | Third Tuesday of May of each year |
| Fiscal Year | 12/31 (Month/Day) |
| External Auditor | Reyes Tacandong & Co. |
| Transfer Agent | Stock Transfer Service, Inc. |
| Business Address | 16Th Floor BDO Towers Valero, 8741 Paseo De Roxas, Makati City |
|---|---|
| E-mail Address | [email protected] |
| Telephone Number | 8821-2202/ 8831-4479 |
| Fax Number | 8856-7976 |
| Website | http://www.primemediaholdingsinc.com |
