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Ocier’s P114.44-M paper wealth in BEL



BOUGHT. Robert MacGregor, executive director and chief investment officer of Aboitiz Equity Ventures Inc. (AEV), bought 49,000 shares for P51.30 each on Nov. 19, 2019. This increased the number of the AEV common shares he holds to 221,400 from 211,141.

That day, AEV common shares opened trading at P51.25, which was also the stock’s high, then fell to a session’s low of P51.20, also those shares’ closing price. On November 20, those shares opened trading at P52.60, which were also their high, then dropped to a low of P50.80 before closing.

Sold. Andre Marin Flores is a vice president of the Bank of Philippine Islands (BPI). On Nov. 15, 2019, he sold 2,000 BPI common shares for P95.50 each, reducing his direct ownership to 24,397 shares.

On the day he sold them, the stock opened trading at P95.40, hit a high of P97, fell to a low of P93.60 and closed the day’s session at P96. On November 20, the stock opened trading at P93.60, which was also its high, then dropped to a low of P92.20 before it closed at P93.

Stockholding. Ana Milagros D. David, chief marketing officer of Universal Robina Corp. (URC), directly owns 49,630 URC common shares as of Nov. 14, 2019. She reported her direct ownership of these shares in accordance with the full-disclosure rule of the Securities and Exchange Commission (SEC).

On November 20, URC common shares opened trading at P152, hit a high of P154, fell to a low of P150.10 and closed the day’s session at P153.10. At closing, David had paper wealth of P7,598,353.

Vice chairman. On Nov. 19, 2019, Willy Ng Ocier, vice chairman of Belle Corp. (BEL), reported his acquisition of 100,000 BEL common shares at P2.01 each. This increased his ownership to 56,935,702 such shares, or 0.583 percent.

That day, BEL common shares opened trading at P2.01, peaked at P2.03, dropped to a low of P2.01 and closed at the stock’s opening price of P2.01. At closing, Ocier’s direct ownership of 56,935,702 BEL common shares had a market value of P114,440,761.

Majority public. As of Sept. 30, 2019, public stockholders were attributed with the ownership of 54.43 percent of 4,922,324,907 outstanding common shares in Philippine Realty and Holdings Corp. (RLT). Their ownership is equivalent to 2,679,339,683 RLT common shares, which at the stock’s close of P0.370 on November 20 would make them very rich — P991,355,683.

The public ownership of 54.43 percent topped even Greenhills Properties Inc., the principal stockholder, which directly held 1,755,779,066 RLT common shares, or 35.66 percent.

The public ownership report (POR) also listed seven banks with combined ownership of 17,542,994 RLT common shares, or 0.33 percent. These are Citibank N.A., 14,735,331 RLT common shares; Ventures Rural Bank of Mandaluyong, 2 million; Hongkong & Shanghai Banking Corp., 412,872; Pilipinas Bank, 341,000; Insular Savings Bank Trust, 50,000 ; Development Bank of the Philippines, 2,500; and Standard Chartered Bank, 1,271.

An employee directly owned 500,000 RLT common shares, or 0.01 percent, according to the POR, which also showed 5,003,581,007 listed RLT common shares and 2,242,985,224 RLT common shares, which the report described as the “total number of non-public shares.”

Annual meeting. BHI Holdings Inc. (BHI) will hold its annual stockholders’ meeting on Dec.

18, 2019. Holders of 499,987 BHI common shares were divided into 349,987 BHI Class A shares and 150,000 BHI Class B shares. In announcing the meeting, BHI said “only stockholders of record at the close of business hours on Nov. 20, 2019 shall be entitled to notice and to vote at the annual stockholders’ meeting.”

The company listed Bulk Handlers Inc. as BHI’s majority stockholder with 449,424 common shares, or 89.89 percent, as of Oct. 31, 2019, which the definitive information statement said is owned by the Tan family.

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