Abacus Capital & Investment Corporation

General Information

  • ADDRESS: Unit 2904-A Philippine Stock Exchange Centre,
              Exchange Road, Ortigas Center, Pasig City
  • TELEPHONE NO.: (632) 634-5104 to 11
  • FACSIMILE NO.: (632) 634-0435
  • E-MAIL ADDRESS: manny.ocampo@abacus-sec.com

Date of Incorporation: January 6, 1995

Business / Product / Service Lines
Abacus Capital and Investment Corporation (ACIC) is comprised of two key business segments: (a) Corporate Finance and (b) Treasury Group. These business units and their respective products and services are presented below:

Corporate Finance Group
The Corporate Finance team of ACIC handles all financial advisory, underwriting and investment banking related activities of the Abacus Group:

Equity Underwriting services:
     - Initial Public Offerings
     - Stock Rights Offerings
     - New Tranche Offerings
     - Private Placement Offerings
     - Provides full line of services for the above offering:
       - Financial Advisory
       - Issue Management
       - Book-Building
       - Underwriting
       - Launch and Market-Making

Private Placement Offerings (Non-Listed Situations)
     - Pre-IPO Private Placement Offerings
     - Strategic Investor Search
     - Shareholder Divestments
     - Provides full line of services for the above offering:
       - Financial Advisory
       - Issue Management
       - Placement
       - Closing

Financial Advisory Services
     - Mergers and Acquisitions
     - Financial Review and Restructuring
     - Project Development

Debt Underwriting
     - Loan Arrangements and Syndications
     - Commercial Paper Offerings

Treasury Group
The Treasury team, on the other hand, handles the origination, dealership, trading and distribution of fixed income securities of ACIC and the Abacus Group.

The Treasury Groups sources and places out fixed income securities, such as government securities and corporate commercial paper to clients of the Abacus Group. The addition of this group has resulted in a more complete offering of financial products and services to clients of Abacus.

Selected Balance Sheet Items as of December 31, 2003
in (P Millions)

Total Assets

P 1,167.0

Total Liability

P 838.1

Total Equity

P329.0

Directors / Officers

Name

Position

Paulino S. Soo

Chairman / President

Vicente Co Chien

Treasurer

Jack Huang

Director

Jimmy S. Soo

Corporate Secretary

J. Mariano P. Ocampo

Director & Vice President

Ma. Cristina O. Ramirez

Vice President

Ownership Structure
ACIC is a wholly owned subsidiary of First Abacus Financial Holdings Corporation.
 
Details of ACIC's participation as underwriter in a number of initial public offerings (IPO):

Issuer

Offer Size
(in P Millions)
Listing or
Issue Date
William Lines, Inc. 2, 274.6

May 15, 1995

Pilipino Telepono Corp. 4,800.0

July 11, 1995

Ionics Circuits, Inc. 730.5 July 18, 1995
C & P Homes, Inc. 7.195.1 July 31, 1995
Filinvest Dev. Corporation 5,202.2 October 12, 1995
Fil-Estate Land, Inc. 3,900.0 November 23, 1995
DMCI Holdings, Inc. 3,496.9 December 18, 1995
Philippine National Bank (Tranche 3) 1,872.0 December 20, 1995
Fortune Cement Corporation 1, 155.0 March 4, 1996
Alsons Cement Corporation 2, 900.0 March 25, 1996
HI Cement Corporation 3, 313.0 June 17, 1996
Empire East Land Holdings, Inc. 5, 600.0 June 28, 1996
Lorenzo Shipping Corporation 600.0 June 22, 1996
Uniwide Holdings, Inc. 4,300.0 August 19, 1996
Solid Group, Inc. 3,890.0 September 1996
Ever Gotesco Resources and Holdings, Inc. 1,500.0 September 1996
PDCP Bank-Convertible Preferred Shares 1, 000.0 November 1996
Digitel Philippines, Inc. 3,500.0 November 1996
PCI Leasing & Finance Corporation 880 January 1997
Mabuhay Vinyl Corporation 440 February 1997
Reynolds Phils., Inc. 1, 080 February 1997
Equitable Bank Corporation 9, 000 April 1997
DMCI Holdings, Inc.- Convertible Preferred Shares 2, 400 April 1997
Boulevard Properties Holdings, Inc. 500 April 1997
Benpres Holdings Corporation 4, 000 December 1997
Fort Bonifacio Development Corporation -
Short Term Commercial Papers
500 February 1997
Banco De Oro Universal Bank 1,852

May 2002