Belle Corporation
OUR STORY
1973. The Beginning.
Belle Corporation is incorporated as Belle Mining and Oil Exploration, Inc.
1989. The Shift.
Belle Mining and Oil Exploration, Inc. changes its name to Belle Resources Corporation and takes a new direction
and ventures into property development. The once barren mountains of Tagaytay is developed into an 18-hole golf
course called Tagaytay Highlands Golf Course. Consequently, the Tagaytay Highlands International Golf Club is
established.
1994. The Trailblazer.
Belle Resources Corporation is renamed Belle Corporation (Belle), underscoring the Company’s diversification and
shift in business strategy. Tagaytay Highlands begins to make a name for itself in the real estate industry as a
premiere mountain resort destination. The first of its kind and scale, Tagaytay Highlands covers three provinces –
Batangas, Cavite and Laguna. The themed residential communities boast of breathtaking views of the Taal Lake and
the countryside.
2010. The Game Changer.
Belle Corporation acquires PremiumLeisure & Amusement, Inc. (PLAI), a grantee by the Philippine Amusement and
Gaming Corporation (PAGCOR) of a license to operate integrated resorts, including casinos, in the vicinity of the
Entertainment City and the Newport City Integrated Resort.
In October 2012, Belle and PLAI enter into a cooperation agreement with Melco Resorts & Entertainment (Melco),
which places Belle as a co-licensee and the owner of the land and buildings and Melco as a co-licensee, developer
and operator of all the facilities within the resort complex.
2015. Realizing the Dream.
City of Dreams Manila is launched. It is an integrated resort after Melco’s flagship City of Dreams integrated resort in
Macau's Cotai Strip. City of Dreams Manila is the first integrated resort in Entertainment City to have its license
converted from Provisional to Regular status by PAGCOR.
This partnership is a significant milestone in the Company’s evolution from a specialty niche player in the real estate
industry to a fairly diversified conglomerate in the tourism and leisure industries.
Today, Belle Corporation is in a strong position to take advantage of opportunities, to withstand challenges and to
deliver sustainable growth and many happy returns to the Company’s loyal shareholders .
Vision
Belle Corporation envisions itself as a world-class provider of the finer things in life.
Mission
To develop quality entertainment and leisure facilities that promote growth and environmental
sustainability.
To enhance shareholder value for the Company’s investors and partners.
To promote a mutually beneficial relationship with all stakeholders grounded on integrity and
respect.
To be the employer of choice offering career growth opportunities.
To enhance the quality of life of the communities we serve.
Our Values
Sustainability. Accountability. Integrity. Leadership. Hard Work. Innovation.
Corporate Objectives
Deliver the finer things in life to our customers
o Identify trends and opportunities in tourism and leisure industries.
o Forge partnerships with world-class organizations: Belle has always looked for business
partners with a proven track record, domain expertise and similar values.
o Enhance and launch prime leisure amenities and developments.
Enhance shareholder value.
o Realize sustained recurring earnings growth year on year.
o Benchmark against global good governance best practices, and continue as one of the
top 100 Philippine publicly listed companies scoring above 90 points in the annual
ASEAN Corporate Governance Scorecard.
o Pay consistent dividends to shareholders.
Establish a culture of sustainability across our businesses.
o Embed sustainability in its operations: Sustainability is a core value for Belle Corporation
and working with the communities we operate in is a priority for our operations, including
programs to lower use of fossil fuels, achieve more efficient waste management, care for
the environment and uplift the lives of the less privileged in our communities.
o Establish social partnerships: Belle Kaagapay partners with a number of non-government
organizations to expand the reach of its community initiatives.
BDO Unibank, Inc
BDO Unibank, Inc. (the Bank) is a banking company that offers an array of products and services,
including retail banking, lending (corporate, commercial, consumer, and small and medium enterprise
(SME)), treasury, trust, credit cards, corporate cash management and remittances. The Bank operates
through five segments: Commercial banking, which handles the lending (corporate and consumer), trade
financing and cash management services for corporate and retail customers; Investment banking, which
provides services to corporate clients outside the traditional loan and deposit products; Private banking,
which provides traditional and non-traditional investment and structured products to individuals and
institutional accounts; Leasing and financing, which provides direct leases, sale and leaseback
arrangements, and real estate leases, and Others, which includes asset management, insurance
brokerage, realty management, remittance, accounting service, credit card service and computer service.
Mission, Vision and Values
Mission
Help our clients achieve their corporate objectives with the experience, knowledge and skills of our
professionals, innovative methodologies, best practices and resources of our international network, and the
support of our Integrated Management System.
Vision
Our vision is to be the leader for exceptional client service and this means a laser focus on quality in all of
BDO’s 1,400+ offices in 154 countries and territories, in order to ensure the consistent delivery of exceptional
service worldwide. For us, exceptional client service is based on five key components that define BDO today:
client needs, communication, commitment, people and value.
1. Client needs
BDO works with clients listed on all of the world’s major stock markets and we are the adviser of choice for
many of the largest private companies in each territory where we have a presence. We invest a great deal of
time in getting to know our clients: building personal relationships so that we can anticipate their needs and
offer genuine added value. We aim always to fulfil our clients’ complex needs, through a combination of in-
depth local market knowledge and global industry expertise and technical skills.
2. Communication
Our top priority is to be clear, open and swift in all our communication. In practice, this means ensuring short
lines of communication so our clients always know who to talk to. Our client teams, including our senior
professionals, are easily contactable so their experience in offering in-depth industry expertise and
commercially astute insights is readily available.
3. Commitment
Our constant drive towards achieving the high expectations of our clients is in our DNA. This means that
every BDO Member Firm is committed to providing the consistently high-quality service delivery to meet their
clients’ needs. We put this commitment into practice through the demanding client service standards that all our
member firms are required to meet and we have also implemented a global Net Promoter Score (NPS)
programme to facilitate the gathering of client feedback, specifically with reference to our vision’s five attributes.
Our clients appreciate the outcome: efficient, constructive, workable and timely solutions, tailored to their
particular needs.
4. People
In every BDO firm we employ experienced people and empower them to make a difference through top-class
training, opportunities and reward. By providing the right environment for our people and the right people for
our clients, we ensure a focus on the delivery of exceptional client service in all our firms. Our people are proud
to work for BDO and this is clearly seen when they talk about the international network and their interaction with
clients: please view some video testimonials from both clients and their BDO relationship partners: practical
examples of where we have helped our clients to successfully achieve remarkable goals.
Values
Our values are the foundation for the development of our business.
Integrity and objectivity: We are honest professionals and we serve our clients based on values and
principles.
Quality and opportunity: We have excellent standards to maintain control of the work and carry it out
with maximum quality.
Professionalism: We are experts in what we do, but above all, we love our profession.
Teamwork: We can work with others, understand differences and seek common goals.
Commitment: We identify with our values and we act so that they are reflected in everything we do.
Proximity to clients: We focus on discovering the needs of our clients, and provide the tools to satisfy
them.
Bank of the Philippine Islands
Bank of the Philippine Islands(BPI) is that country's second-largest bank, trailing only
Metropolitan Bank & Trust. It is also the Philippines' oldest bank and one of the oldest of
all Asian banks. BPI offers a full range of commercial and retail financial services,
including corporate finance services, asset management, and brokerage and other
financial consulting services. BPI's retail network includes more than 700 branches
throughout the Philippines, as well as branches in New York, Hong Kong, and Tokyo. The
bank also operates a network of more than 1,200 automated teller machines and more
than 8,500 retailer-based point-of-sale machines. In 1999, BPI pioneered online banking
in the Philippines with the launch of online bank BPI Direct in 1999. In addition to its
banking products and services, BPI has also developed a strong non-life
insuranceoperation, chiefly under subsidiary BPI/MS InsuranceCorporation. Listed on
the Philippines Stock Exchange, BPI has long been majority controlled by Philippines
conglomerate Ayala Corporation.
Vision
To be the leading non-life insurance company in the Philippines in terms of professional competence,
service quality, responsible corporate citizenry, and overall growth and stability.
Mission
Through our insurance and financial service business, we commit ourselves to:
Bring security and safety to people and businesses around the world, and make a lasting contribution
to the enrichment of the society.
Provide the finest products and services, and realize customer satisfaction.
Continuously improve our business, thereby meeting our stockholders’ expectations and earning their
trust
* Delivering on shareholders’ value expectations by achieving a return that is greater than the
company’s weighted average cost of capital;
* Building upon experience to expand the company’s generation capacities, utilities projects
and energy-conversion projects;
* Optimizing power generation and water desalination businesses;
* Providing utilities with reliable and competitive prices;
* Taking the BPI brand to different destinations in North and Sub-Sahara African countries;
* Continuing to build our understanding of stakeholder expectations;
* Successfully retaining and developing our intellectual knowledge of the utilities industry;
* Enhancing our systems and processes efficiency and operational effectiveness;
*Innovating and deploying cutting edge solutions based on eco-friendly technologies; and
* Caring for the safety, health, environment and well-being of our stakeholders
Chelsea Logistics and Infrastructure Holdings Corp.
Chelsea Logistics and Infrastructure Holdings Corp. (C), formerly Chelsea Logistics Holdings
Corp., was incorporated and registered with the Securities and Exchange Commission (SEC) on
August 26, 2016 as Chelsea Shipping Group Corp. primarily to act as a holding company. The
Company underwent three more changes in corporate name with the recent one in 2019 when the
SEC approved the change to its present name.
The Company, through its wholly-owned subsidiaries, is engaged in the shipping transport
business. These two subsidiaries are Chelsea Shipping Corp., which is engaged in the maritime
trade in the conveyance or carriage of petroleum products including but not limited to general
cargo handling, loading, transporting, discharging and storing over waterways in the Philippines;
and Trans-Asia Shipping Lines, Inc., which is engaged in transporting passengers and cargo
within Philippine territorial waters and the high seas.
On March 27, 2017, C acquired all of Udenna Investments B.V.'s (UIBV) outstanding capital stock
through a share swap agreement with Udenna Corporation. UIBV owns 80% economic interest
and 39.97% of the voting rights in KGLI-NM Holdings, Inc., which holds 39.85% economic interest
in Negros Navigation Co., Inc. (Nenaco). Nenaco, in turn, owns 88.31% of 2GO Group, Inc. (2GO).
Hence, the Company has a 28.15% indirect economic interest in 2GO.
Vision
To be the finest shipping and logistics company known for its unrivalled customer service.
Mission
We transport passengers, cargos, petroleum, oil, chemicals and other bulk products.
We satisfy our customers’ needs through reliable, punctual, efficient and safe service.
We constantly challenge ourselves to do better and to perform beyond what is expected.
We care for the community and the environment by applying the best practices in ship management,
adhering to global standards.
We deliver superior returns to our stakeholders through prudent stewardship of our resources.
Values
INTEGRITY
We adhere to the highest ethical and professional standards. Our reputation defines who we are.
PASSION
We are motivated and driven in what we do.
ENTERPRISE
We seize opportunities to enhance our growth.
TEAMWORK
We work as one to deliver our commitments.
EXCELLENCE
We deliver unsurpassed performance in all our endeavours.
BDO Leasing & Finance, Inc.
Corporate Profile
BDO Leasing and Finance Inc. (BDOLF) is a subsidiary of BDO Unibank Inc., with an established track
record of service and innovation in the leasing and finance industry. BDOLF is a recognized leader in the
market it serves, confirmed by its consistently excellent financial results and continuously growing
clientele base.
Capitalizing on BDO Unibank’s extensive market reach and its wide product range, BDOLF continues to
be among the industry’s dominant players in terms of total assets, capitalization and profitability. In 2018,
net income amounted to P330.7 million, while total loans and leasing portfolio stood at P34.55 billion,
while maintaining an NPL ratio of 1.02%, attributable to its prudent loan underwriting. BDOLF has also
positioned its branches in strategic locations to service the increasing needs of the country’s growth areas
which resulted in an 11% growth in its provincial portfolio.
BDOLF also continued to have the highest approved ceiling for commercial papers in the financing
industry at P15 billion, as approved by the Securities and Exchange Commission. Further, the Philippine
Ratings Services Corp (PhilRatings) issued an above average rating of PRSAa (minus) for BDOLF,
reflective of its strong capability to meet new challenges and expectations. The BDO brand strengthens
BDOLF’s position in the industry and revolutionizes its capability to meet new sets of challenges and
expectations.
Corporate Mission
We are in business for our customers, shareholders and employees.
We shall deliver creatively innovative products and cross-sell the BDO Unibank Group’s services
supported by procedures, systems and processes which will ensure utmost customer satisfaction.
We shall recognize and reward excellence in our employees and shall provide an environment conducive
to maximizing their potentials as we work cohesively as a team.
We shall generate consistently high returns for our shareholders.
We shall maintain a prestigious and professional corporate image and shall actively fulfill our social
responsibility.
Total Quality shall be the most important standard in all our activities.
Corporate Vision
We shall be at the forefront of the leasing and financing industry in the Philippines and in the Asia Pacific Region. We shall
have the most extensive market reach and shall be composed of highly trained, technically competent and upright
professionals working as a team and contributing to the growth of the nation and the communities we serve. Recognizing
that the customer is the focus of our activities, we shall lead the industry by providing modern and relevant financial services
which exceed their expectations.
Core Values
The Company’s corporate governance practices are anchored on our core values which guide us in our
decisions, interactions and relationships with our shareholders and other stakeholders. These are as
follows:
Commitment to Customers
We are committed to delivering products and services that surpass customer expectations in
value and every aspect of customer services, while remaining prudent and trustworthy stewards
of their wealth.
Commitment to a Dynamic and Efficient Organization
We are committed to creating an organization that is flexible, responds to change, and
encourages innovation and creativity. We are committed to the process of continuous
improvement in everything we do.
Commitment to Employees
We are committed to our employees’ growth and development and we will nurture them in an
environment where excellence, integrity, teamwork, professionalism, and performance are valued
above all else.
Commitment to Shareholders
We are committed to providing our shareholders with superior returns over the long term.
REMIDIAL
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Enverzo,alex d.
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MS. Analyn, Waldez
