Suntrust Resort Holdings, Inc. (SUN) Stock Price
₱0.820
2.50%
(
$0.0145
in US Dollar
)
Price Data
Open Price
₱0.820
High Price
₱0.820
Low Price
₱0.800
52-Week High
₱1.00
52-Week Low
₱0.700
Market Data
Trade Volume
₱18,040
Market Cap
₱5.95 Billion
P/E Ratio
-11.71
Earnings Per Share
₱-0.0700
Book Value
₱1.22
Company Profile
Suntrust Resort Holdings, Inc. (SUN), formerly Suntrust Home Developers, Inc., was incorporated on January 18, 1956 under the name Ramie Textiles, Inc. to engage in the manufacturing and sale of all types of ramie products. In 2002, the Company changed its name from Fairmont Holdings to Suntrust Home Developers, Inc. The said change came hand in hand with a corresponding shift in SUN's primary purpose from a holding company to a real estate company authorized to engage in real estate development.
On October 28, 2019, SUN entered into a co-development agreement with Westside City Resorts World, Inc. wherein the Company shall finance the development and construction costs for, and would be appointed as the exclusive operator and manager of the operations of Main Hotel Casino located at Manila Bayshore Integrated City, Paranaque City.
On June 17, 2020, the Securities and Exchange Commission (SEC) approved the amendments to SUN's primary and secondary purposes from that of a real estate company to a tourism-oriented company authorized to engage in tourism-related businesses. SUN adopted its present name, which the SEC approved on June 8, 2022.
The Company has two wholly-owned subsidiaries in Hong Kong and Macau, namely SWC Project Management Limited and WC Project Management Limited, respectively. Both subsidiaries are engaged in providing project management services.
Source: SEC Form 17-A (2022)
Stock Information
Sector
Property
Subsector
Property
Outstanding Shares
7,250,000,000
Share Type
Common
ISIN
PHY831501051
Board Lot
1000