FIN072 - Financial Markets (Assignment)

Name: Alcayde, Diane P.

Section: BSA2-01
PHILIPPINE STOCK EXCHANGE

MRSGI (METRO RETAIL STORES GROUP, INC.)

STOCK DATA AS OF JAN 08, 2024 02:50 PM

Status Open Market Capitalization 4,125,192,410.00
Issue Type Common Outstanding Shares 3,248,183,000
ISIN PHY6033N1001 Listed Shares 3,429,375,000
Listing Date Nov 24, 2015 Issued Shares 3,429,375,000
Board Lot 1,000 Free Float Level (%) 17.18%
Par Value 1.00 Foreign Ownership Limit (%) 100%

Last Traded Price 1.27 Open 1.28 Previous Close & Date 1.27 (Jan 05,2024)
Change (% Change) up 0.0000 (0.00%) High 1.28 P/E Ratio
Value 32,990.00 Low 1.26 Sector P/E Ratio
Volume 26,000 Ave. Price 1.27 Book Value
52-Week High 1.60 52-Wk. Low 1.14 P/BV Ratio

COMPANY INFORMATION

 COMPANY DESCRIPTION
Metro Retail Stores Group, Inc. (MRSGI) was incorporated and registered with the Securities and
Exchange Commission (SEC) on August 28, 2003 originally as Valueshop Market Market, Inc. The Company's
primary purpose is to buy, sell and trade goods, wares and merchandise of every kind and description and in
general to carry on the business of a supermarket, hypermarket and department store operator. The SEC
approved the change in name to the present one on July 3, 2014.

The Company's business is divided into three complementary retail formats namely, a supermarket
format operated under the "Metro Supermarket" and "Metro Fresh N Easy" brand names; a department store
format operated under the "Metro Department Store" brand name; and a hypermarket format operated under
the "Super Metro" brand name. These retail formats are strategically located in densely populated cities or
municipalities across Luzon and Visayas.

As of end of 2022, MRSGI had a total of 10 stores in Metro Manila, 12 stores in other parts of Luzon,
and 40 stores in the Visayas which brings the Company's total store count to 62.

Source: SEC Form 17-A (2022)

 SECURITY INFORMATION
Sector Services
Subsector Retail
Corporate Life 50
Incorporation Date Aug 28, 2003
Number of Directors 7
Stockholders' Meeting as per By-Laws May - first Friday
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Stock Transfer Service, Inc.

 Business Address Vicsal Building, corner of C.D. Seno and W.O. Seno Streets CONTACT
Guizo, North Reclamation Area, Mandaue City
INFORMATION
E-mail Address investor.relations@metrogaisano.com
Telephone Number (6332) 236-8390; (632) 843-0032
Fax Number (6332) 236-9516
Website http://www.metroretail.com.ph
 INITIAL PUBLIC OFFERING (IPO)

Subject Metro Retail Stores Group, Inc. - IPO Terms and Conditions
Company Name Metro Retail Stores Group, Inc.

Mode of Listing Initial Public Offering

Board Main Board
Date of PSE Approval Oct 14, 2015

Security Details
Type of Security Stock Symbol Par Value
Common Shares MRSGI PhP1.00

No. of Shares
Issued Shares (Post-Offer) 3,429,375,000
Outstanding Shares (Post-Offer) 3,429,375,000
Treasury Shares (Post-Offer) (if applicable) -
Primary Offer Shares 905,375,000
Secondary Offer Shares (if applicable) -
Total Offer Shares 905,375,000
Over-Allotment Option Shares (if applicable) 90,537,500
Shares Applied for Listing 3,429,375,000

Offer Price PhP3.99

BPI Capital Corporation and Deutsche Bank AG, Hong Kong Branch
Total Shares
Market Under Escrow
Capitalization (Post-IPO) PhP13,683,206,250.00
TP AllocationStock Symbol No. of181,075,000
Shares common shares equivalentDuration of Lock-up
to PhP722,489,250.00
MRSGI
Allocation per TP 2,475,000,000 180 days
1,371,000 common shares equivalent to PhP5,470,290.00
LSI Allocation MRSGI 2
90,538,000 common shares equivalent to 365 days
PhP361,246,620.00
Estimated Public Float (Post-IPO) 26.40%
Applicable Lock-up Rule Article III, Part D, Section 2 of the Main Board Rules
Lead Underwriter(s)
Stabilizing Agent (if applicable) BPI Capital Corporation and its relevant affiliates

Other Parties to the Offer

Function Name of the Party
Legal Counsel to MRSGI as to Philippine Law Angara Abello Concepcion Regala & Cruz
Legal Counsel to MRSGI as to US Federal and New York Law Latham & Watkins
Legal Counsel to the Underwriters as to Philippine Law Romulo Mabanta Buenaventura Sayoc & delos Angeles
Legal Counsel to Underwriters as to US Federal and New York Law Milbank, Tweed, Hadley & McCloy LLP

Stock Transfer Agent Rizal Commercial Banking Corporation

Receiving Agent Union Bank of the Philippines – Trust and Investments
Escrow Agent Union Bank of the Philippines – Trust and Investments
External Auditor SyCip Gorres Velayo & Co.
Price-Setting Date Nov 4, 2015
Start of Offer Period Nov 9, 2015
End of Offer Period Nov 13, 2015
Tentative Listing Date Nov 24, 2015
Corporate Website Hyperlink to the Prospectus http://www.metroretail.com.ph/index.php/investor-relations/prospectus
Other Relevant Information
The Exchange’s approval of the initial public offering of the MRSGI’s shares is subject to its compliance with all of the post-
approval requirements of the Exchange.

The Exchange will advise the investing public of developments on the initial public offering of the Company.

Attached is a copy of the Company’s final Offer Terms Sheet, for further reference. For your information and guidance.

SHLPH (SHELL PILIPINAS CORPORATION)

STOCK DATA AS OF JAN 08, 2024 02:50 PM

 Status Open Market Capitalization 17,586,541,801.80
Issue Type Common Outstanding Shares 1,613,444,202
ISIN PHY6980U1070 Listed Shares 1,681,058,291
Listing Date Nov 03, 2016 Issued Shares 1,681,058,291
Board Lot 100 Free Float Level (%) 23.02%
Par Value 1.00 Foreign Ownership Limit (%) 100%
Last Traded Price 11.066 Open 10.90 Previous Close & Date 10.90 (Jan 05, 2024)
Change (% Change) up 0.160 (1.47%) High 11.18 P/E Ratio
Value 3,711,504.00 Low 10.90 Sector P/E Ratio
Volume 337,100 Ave. Price 11.01 Book Value
52-Week High 880.00 52-Wk. Low 10.78 P/BV Ratio

COMPANY INFORMATION

 COMPANY DESCRIPTION
Shell Pilipinas Corporation (SHLPH), formerly Pilipinas Shell Petroleum Corporation, was incorporated
and registered with the Securities and Exchange Commission on January 9, 1959 as The Shell Refining
Company (Philippines), Inc. The SEC approved its change in corporate name to its present one on March 15,
2023. SHLPH is primarily engaged in the refining and marketing of petroleum products.

SHLPH solely operates under the downstream oil and gas segment. The Company's integrated
downstream operations span all aspects of the downstream product supply chain, from importing crude oil
and its refining, to importing and marketing refined products to its customers across the Philippines. The
products it markets include gasoline, diesel, heating oil, aviation fuel, marine fuel, lubricants and bitumen.
Some of the Company's products are “Shell V-Power Racing”; “Shell V-Power Gasoline”; “Shell V-Power
Diesel”; “Shell FuelSave Gasoline”; “Shell FuelSave Diesel”; “Shell Helix”; “Shell Rimula” and “Shell Advance”.

The Company has no majority-owned subsidiaries but has equity interest in various joint ventures.
These include Bonifacio Gas Corporation, which constructs, maintains and operates a centralized gas
distribution system; and Kamayan Realty Corporation, which acquires, develops and manages real estate
properties.

SHLPH distributes refined and imported petroleum products through its 24 fuel distribution terminals
and supply points, 10 lubricants warehouses, and three medium range-capable import facilities throughout
the Philippine Archipelago. As of December 31, 2021, the Company has 1,100 retail stations nationwide.

Source: SEC Form 17-A (2021)/ C2068-2023

 SECURITY INFORMATION
Sector Industrial
Subsector Electricity, Energy, Power & Water
Corporate Life
Incorporation Date Jan 09, 1959
Number of Directors
Stockholders' Meeting as per By-Laws third Tuesday in May
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Rizal Commercial Banking Corporation - Stock Transfer Dept.

 CONTACT INFORMATION
Business Address 41st Floor, The Finance Center, 26th Street corner 9th Avenue, Bonifacio
Global City, Brgy. Fort Bonifacio, Taguig City, Metro Manila, 1635
E-mail Address
Telephone Number (632) 3499-4001
Fax Number (632) 3499-4219
Website http://pilipinas.shell.com.ph
 INITIAL PUBLIC OFFERING (IPO)

Subject Pilipinas Shell Petroleum Corp – IPO: Final Terms & Conditions and Final Prospectus
Company Name Pilipinas Shell Petroleum Corporation

Mode of Listing Initial Public Offering

Board Main Board
Date of PSE Approval Sep 14, 2016

Security Details
Type of Security Stock Symbol Par Value
Common Shares SHLPH PhP1.00

No. of Shares
Issued Shares (Post-Offer) 1,681,058,291
Outstanding Shares (Post-Offer) 1,613,444,202
Treasury Shares (Post-Offer) (if applicable) 67,614,089
Primary Offer Shares 27,500,000
Secondary Offer Shares (if applicable) 247,500,000
Total Offer Shares 275,000,000
Over-Allotment Option Shares (if applicable) 16,000,000
Shares Applied for Listing 1,681,058,291

Total
Offer Shares
Lead
Price Under Escrow
Underwriter(s) BPI Capital Corporation
Php 67.00 per (“BPI Capital”)
share
Stabilizing
Market Agent (if(Post-IPO)
Capitalization
Stock Symbol applicable) BPI Capital Php 112,630,905,497.00
No. of Shares Duration of Lock-up
TP Allocation SHLPH 55,000,000 common shares equivalent to 180
1,142,532,001 Php days
3,685,000,000.00
Allocation per TP
SHLPH 416,660
1 common shares equivalent to Php365 27,916,220.00
days
LSI Allocation 27,500,000 common shares equivalent to Php 1,842,500,000.00
Estimated Public Float (Post-IPO) 17.31%
Applicable Lock-up Rule Article III, Part D, Section 2 of the Main Board Rules
Other Parties to the Offer

Function Name of the Party

Global Coordinator and International Bookrunner J.P. Morgan Securities Plc. (“JPM”)

Financial Adviser N M Rothschild & Sons Ltd.

Legal Counsel to SHLPH as to US Federal and English Law Allen & Overy

Legal Counsel to SHLPH as to Philippine Law Romulo Mabanta Buenaventura Sayoc & delos
Angeles

Legal Counsel to the Underwriter & Bookrunners as to US Federal and English Law Milbank Tweed Hadley & McCloy LLP

Legal Counsel to the Underwriter and Bookrunners as to Philippine Law Picazo Buyco Tan Fider & Santos Law Office

Stock Transfer Agent Rizal Commercial Banking Corporation

Receiving Agent Rizal Commercial Banking Corporation and Bank of the Philippine Islands
Escrow Agent Rizal Commercial Banking Corporation
External Auditor SyCip Gorres Velayo & Co.
Price-Setting Date Oct 13, 2016
Start of Offer Period Oct 19, 2016
End of Offer Period Oct 25, 2016
Tentative Listing Date Nov 3, 2016
Corporate Website (Prospectus) http://pilipinas.shell.com.ph/disclaimer/disclaimer-page-before-accessing-the-circulars.html

Other Relevant Information

In relation to the allocation for LSIs, the Exchange approved SHLPH’s proposal to increase the maximum allowable
subscription of LSIs to Php 100,000.00 per LSI. In view thereof and as provided in SHLPH’s final Offer Terms Sheet, each LSI for
SHLPH’s IPO will be allowed to subscribe up to a maximum of 1,490 Offer Shares or up to a maximum amount of Php
99,830.00.
 Further, the Exchange’s approval of the listing of the SHLPH’s shares covering the Company’s initial public offering is
subject to its compliance with all of the post-approval conditions and requirements of the Exchange.
In addition, the Exchange will advise the investing public of developments on the initial public offering of the
Company. Attached is a copy of the Company’s final Offer Terms Sheet, for further reference. For your information and
guidance.