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Bright Kindle Resources & Investments Inc.

Company Description
Bright Kindle Resources and Investments Inc. (BKR), formerly Bankard, Inc. (BKD), was incorporated in the Philippines on December 4, 1981 as a credit card corporation. On March 21, 1995, the Company listed its shares with the Philippine Stock Exchange. In 2007, BKD changed the nature of its business from a full credit card business of issuing cards and merchant acquiring, to that of credit card servicing.

Prior to December 2013, the Company was a subsidiary of Rizal Commercial Banking Corporation (RCB). However, on October 18, 2013, the Board of RCB and RCBC Capital Corporation approved the sale of an 89.98% stake in BKD to RYM Business Management Corp. together with other investors. As a result, RYM acquired 81.77% of BKD. The Company then ceased acting as the administrator of RCB's credit card business.

In November 2013, the Board of BKR approved the change in name to the present one as well as the primary purpose to a holding company.

Considering the sale of shares, the Company is now engaged in the purchase, exchange, assignment and hold investments of all properties, including but not limited to, bonds, debentures, promissory notes, shares of stocks and other securities without however engaging in the business of an investment company or a broker or dealer in securities.

At present, BKR has no operating segment other than being a holding company. The Company holds 19.9% of Marcventures Holdings Inc.

Source: SEC Form 17-A (2022)
Security Information
Sector Financials
Subsector Other Financial Institutions
Corporate Life 50
Incorporation Date Dec 04, 1981
Number of Directors 11
Stockholders' Meeting as per By-Laws May - last Thursday except holidays
Fiscal Year 12/31 (Month/Day)
External Auditor Reyes Tacandong & Co.
Transfer Agent Stock Transfer Service, Inc.
Contact Information
Business Address 16th Floor BDO Towers Valero, 8741 Paseo de Roxas, Makati City
E-mail Address [email protected]
Telephone Number (632) 8821-2202; (632) 8821-2203; (632) 8821-2205; (632) 8821-1530
Fax Number (632) 8856-7976