Philippine Infradev Holdings Inc. (INFRA) Stock Price
₱0.530
3.92%
(
$0.00938
in US Dollar
)
Price Data
Open Price
₱0.530
High Price
₱0.540
Low Price
₱0.500
52-Week High
₱0.710
52-Week Low
₱0.420
Market Data
Trade Volume
₱380,330
Market Cap
₱3.21 Billion
P/E Ratio
53.00
Earnings Per Share
₱0.0100
Book Value
₱16.70
Company Profile
Philippine Infradev Holdings Inc. (INFRA), formerly IRC Properties, Inc., was incorporated on February 24, 1975 primarily to engage in the acquisition, reclamation, development or exploration of land, forests, minerals, oil, gas, and other resources. The Company initially ventured in oil exploration activities and drilled two wells in Southern Mindoro and the Sulu Sea areas.
In 2013, the Securities and Exchange Commission (SEC) approved the change in corporate name to IRC Properties, Inc. as well as the change in the primary purpose and declassification of stock. INFRA again moved to change its corporate name to the present one as well as its primary purpose, which the SEC approved on October 30, 2018. The Company’s primary purpose was changed from real estate development to that of a holding company engaged in infrastructure and real estate development through its subsidiaries and affiliates.
INFRA has three wholly-owned subsidiaries, namely Interport Development Corporation, Makati City Subway, Inc., and Jiangsu Rizal Infradev Co., Ltd.
Source: SEC Form 17-A (2022)/Disclosure No. 4997-2022
Stock Information
Sector
Property
Subsector
Property
Outstanding Shares
6,061,560,322
Share Type
Common
ISIN
PHY6908B1080
Board Lot
1000