Investor Relations

1. What is Aboitiz Equity Ventures?

Aboitiz Equity Ventures (AEV) is the publicly listed holding and investment management company of the Aboitiz Group.

2. What is AEV’s purpose?

To drive change for a better world.

3. What is AEV’s Brand Promise?

Advancing Business and Communities or ABC.

4. When did AEV go public?

AEV’s common shares were listed on the Philippine Stock Exchange in 1994.

5. What is AEV’s mission?

AEV’s mission is “To create long-term value for all its stakeholders.”

6. What are AEV’s core businesses?

AEV has core investments in power, banking, food and real estate.

7. What are its subsidiaries?

AEV’s investments in Power Generation include hydroelectric and oil-fired plants located in Luzon, Visayas and Mindanao. In Power Distribution, the company has investments in a number of utilities located in different parts of the Philippines, including the second and third largest in the country. All these investments are in Aboitiz Power Corporation (AP), a publicly listed subsidiary of AEV. For further information on AP, please check ,www.aboitizpower.com.

8. When does the company hold its regular annual Stockholders’ Meeting?

AEV holds its regular stockholders’ meeting on the third Monday of May of every year. A stockholders’ briefing is also held in Manila annually. The venue and final schedule of these meetings are set in the first quarter of every year.

​9. Who is AEV’s independent auditor?

AEV’s independent auditor is Sycip Gorres Velayo & Co. Their office is located at 6760 Ayala Avenue, Makati City, Philippines.

10. Where is AEV’s common stock traded and what is its trading symbol?

AEV’s shares of common stock are listed and traded in the Philippine Stock Exchange (PSE) under the trading symbol AEV.

11. What is AEV’s dividend policy?

AEV’s cash dividend policy is to payout approximately one-third of its consolidated net income from the preceding fiscal year.

12. How much dividends have been declared by AEV? When did AEV pay these dividends?

13. How can I find out the status of dividend payments on my shareholdings?

A stockholder may inquire about the status of the dividend payments on his/her shareholdings by sending AEV’s stock transfer agent a duly signed written request. For a stockholder who maintains an account with his/her stockbroker (i.e. scriptless or street position), he/she may also inquire directly to his/her stockbroker.

14. Why is it that I have not received any dividends and other correspondences for quite some time now?

It is most likely that non-receipt of dividends and other correspondences are tagged RTS (Return to Sender) and are currently under custody of the AEV’s stock transfer agent. The most common reason for the RTS is the stockholder’s movement to a new address. To update his/her mailing address, a stockholder must inform the stock transfer agent to reflect his/her new address in the official stockholders’ record. In case this has already been done, it is recommended that the stock transfer agent be contacted directly by the stockholder to inquire on other possible reasons.

15. How can I replace my lost dividend check?

The following requirements should be submitted to the stock transfer agent.

16. How can I replace a stale-dated dividend check?

17. What is the applicable tax rate for dividends?

For an individual shareholder who is either a Filipino citizen or alien resident of the Philippines, cash and property dividends received are subject to a final withholding tax rate of 10%. For a non-resident alien individual engaged in trade or business in the Philippines, cash and property dividends received are subject to a 20% tax on the gross amount. For a non-resident alien individual not engaged in trade or business in the Philippines, cash and property dividends are subject to a 25% tax on the gross amount. This, however, is subject to the applicable preferential tax rates under tax treaties executed between the Philippines and the country of residence or domicile of such non-resident foreign individual. Cash and property dividends received by another domestic corporation or by a resident foreign corporation are not subject to tax while those received by non-resident foreign corporations are subject to tax at the rate of 35%. This rate, however, may be reduced to 15% if the country of domicile of the non-resident foreign corporation allows a credit equivalent to 20% for taxes deemed to have been paid in the Philippines. The foregoing (a) is based on laws in force as of the date of posting of this information (b) is subject to changes in law occurring after such date (c) does not purport to be a comprehensive description of all of the tax considerations that may be relevant to a decision to invest in the shares of the company and (d) does not purport to deal with the tax consequences applicable to all categories of investors, some of which may be subject to special rates. Investors are advised to consult their own tax advisers concerning the tax consequences of their investment in the company’s shares

18. If I sell my shares, what are the applicable taxes on the proceeds?

If the sale is made through the PSE, a resident or non-resident shareholder is subject to a stock transaction tax at the rate of 0.5% of the gross selling price, unless an applicable tax law or treaty exempts such sale from said tax. This tax is required to be collected by the selling stockbroker on behalf of its client. If the sale is made outside the PSE, the resident or non-resident shareholder is subject to a capital gains tax. The applicable tax rates are as follows: 5% on gains not exceeding P100,000 and 10% on gains over P100,000. These tax rates may not be applicable if a treaty exists, which exempts such gains from tax or provides for preferential rates. The transfer of shares of stock is subject to a documentary stamp tax of P0.75 for each P200 par value or a fractional part thereof of the share of stock transferred. The foregoing (a) is based on laws in force as of the date of posting of this information (b) is subject to changes in law occurring after such date (c) does not purport to be a comprehensive description of all of the tax considerations that may be relevant to a decision to invest in the shares of the company and (d) does not purport to deal with the tax consequences applicable to all categories of investors, some of which may be subject to special rates. Investors are advised to consult their own tax advisers concerning the tax consequences of their investment in the company’s shares

19. If the share of stock was transferred from a deceased stockholder, what is the applicable tax on the transfer?

The transfer of shares of stock upon the death of an individual shareholder to his heirs by way of succession, whether such shareholder is a citizen of the Philippines or an alien, regardless of residence, is subject to an estate tax at progressive rates, ranging from 5% to 20%, if the net estate is over P200,000. Estate tax, however, shall not be collected in respect of intangible personal property, such as shares of stock: (a) if the decedent at the time of his death was a citizen and resident of a foreign country which at the time of his death did not impose a transfer tax of any character, in respect of intangible personal property of citizens of the Philippines not residing in that foreign country, or (b) if the laws of the foreign country of which the decedent was a citizen and resident at the time of his death allowed a similar exemption from transfer or death taxes of every character or description in respect of intangible personal property owned by citizens of the Philippines not residing in that foreign country The foregoing (a) is based on laws in force as of the date of posting of this information (b) is subject to changes in law occurring after such date (c) does not purport to be a comprehensive description of all of the tax considerations that may be relevant to a decision to invest in the shares of the company and (d) does not purport to deal with the tax consequences applicable to all categories of investors, some of which may be subject to special rates. Investors are advised to consult their own tax advisers concerning the tax consequences of their investment in the company’s shares

 20. If the share of stock was transferred by way of gift or donation, what is the applicable tax on the transfer?

Individual and corporate shareholders, whether or not citizens or residents of the Philippines, who give or donate shares of stock are liable to pay Philippine donors’ tax on such transfer of shares, ranging from 2% to 15% of the net gifts during the year exceeding P100,000. Donor’s tax, however, shall not be collected in respect of intangible personal property, such as shares of stock: (a) if the donor at the time of the donation was a citizen and resident of a foreign country which at the time of donation did not impose a transfer tax of any character, in respect of intangible personal property of citizens of the Philippines not residing in that foreign country, or (b) if the laws of the foreign country of which the donor was a citizen and resident at the time of donation allowed a similar exemption from transfer of every character or description in respect of intangible personal property owned by citizens of the Philippines not residing in that foreign country. The foregoing (a) is based on laws in force as of the date of posting of this information (b) is subject to changes in law occurring after such date (c) does not purport to be a comprehensive description of all of the tax considerations that may be relevant to a decision to invest in the shares of the company and (d) does not purport to deal with the tax consequences applicable to all categories of investors, some of which may be subject to special rates. Investors are advised to consult their own tax advisers concerning the tax consequences of their investment in the company’s shares.

21. My name was erroneously printed on my stock certificates. How can this be corrected?

22. ​How can lost certificates be replaced?

ID Requirements: one (1) Primary Identification (Passport, Philippine Driver’s License, New SSS/TIN Digitized ID, or PRC License), OR two (2) Secondary Identification (Company ID, Credit Card / ATM Card, Senior Citizen’s Card, Old SSS/TIN ID) of the shareholder

For all the IDs:

In case of deceased stockholder, applicant is required to provide the following:

Processing fees Php22.40 per certificate cancelled and Php112.00 per issued certificate. Optional : Surety Bond from a reputable surety / insurance company in an amount equivalent to market / book value of the shares covered by the lost stock certificates as indicated in the Issuer’s By-Laws; in lieu of the one (1) year waiting period.

Duly accomplished request form.

23. How can I transfer shares of stock of a deceased stockholder?

Kindly mail the accomplished forms/requirements to:

STOCK TRANSFER SERVICE, INC.
Unit 34D, Rufino Pacific Tower, Rufino Plaza, Ayala Avenue, Makati City
Contact No. (02)  5310-1351
c/o Mr. Vince Mendoza/Mr. Mike Capoy

24. How can I sell my shares?

A stockholder who wishes to sell its shares can transact through any of the stockbrokerage houses, which are members of the Philippine Stock Exchange (PSE). You may check from PSE website for the list of stockbrokers.

25. How do I change the address on my account?

Please submit the duly accomplished change of address form.
Kindly mail the accomplished forms/requirements to:

26. Who is AEV’s stock transfer agent?

AEV’s stock transfer agent is STOCK TRANSFER SERVICE, INC., which acts as the principal record-keeping agent for the company’s common stock. For inquiries, please call or write:

STOCK TRANSFER SERVICE, INC.
UNIT 34-D RUFINO PACIFIC TOWER,
6784 AYALA AVENUE, MAKATI CITY
Telephone. : +632 8-403-2410/ +632 5310-1351

Contact Person: MR. VINCENT MICHAEL G. MENDOZA
Email Address: vgmendoza@stocktransfer.com.ph
​

STOCK TRANSFER SERVICE, INC. keeps the record of every outstanding AEV stock certificate and the name of the person to whom it is registered. When a stock is transferred from one person or entity to another, the transfer agent transfers the ownership of the stock and records the transaction. The transfer agent also handles the payment of dividends that the company may declare from time to time.