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Cemex Holdings Philippines, Inc.

Company Description
Cemex Holdings Philippines, Inc. (CHP), a subsidiary of CEMEX Asian South East Corporation (CASEC), was incorporated on September 17, 2015 as a stock corporation. It is primarily to invest in or purchase real or personal property; and to acquire and own, hold, use, sell, assign, transfer, mortgage all kinds of properties. CASEC is a wholly-owned indirect subsidiary of CEMEX España, S.A., which in turn is indirectly owned by CEMEX, S.A.B. de C.V (CEMEX).

CHP's incorporation formed part of the reorganization implemented in 2015 by CEMEX, which had a presence in the Philippines through different affiliates and other companies in which CEMEX had minority equity ownership interests (CEMEX Philippines Group).

CHP primarily sells gray ordinary Portland cement, masonry or mortar cement, blended cement and ready-mix concrete. The Company's cement products are marketed and sold under the "APO", "Island" and "Rizal" brand names. The "Island" and "Rizal" brands are sold in Luzon, while the "APO" brand is sold in Visayas and Northern Mindanao.

At present, CHP's two operating subsidiaries are APO Cement Corporation and Solid Cement Corporation which are both involved in the production, distribution, and sale of cement and other cement products in the Philippines.

CHP also holds 100% equity interest in Falcon Re Ltd., a company incorporated in Barbados which reinsures the CEMEX Reinsurer of property, non-damage business interruption and political risks; and in CEMEX Asia Research A.G., a company incorporated in Switzerland which is the licensee for the certain licensed trademarks and intangible assets of the Company.

As of December 31, 2018, the Company and its subsidiaries own two cement plants, one ready-mix concrete plant, one admixtures facility and several land distribution facilities and shipping terminals across the country.

Source: SEC Form 17-A (2018)
Security Information
Sector Industrial
Subsector Construction, Infrastructure & Allied Services
Corporate Life 50
Incorporation Date 17-Sep-15
Number of Directors 7
Stockholders' Meeting as per By-Laws 15th day of May
Fiscal Year 12/31 (Month/Day)
External Auditor R.G. Manabat & Co.
Transfer Agent BDO Unibank, Inc. - Trust and Investments Group
Contact Information
Business Address 34th Floor Petron Mega Plaza Building, 358 Sen. Gil J. Puyat Avenue, Makati City
E-mail Address
Telephone Number (632) 8849-3600
Fax Number (632) 8849-3580