Nickel-Laden road beds

Nickel-Laden road beds
A cooperative mining project - in a reality of people, their struggles and their loves . .

Friday, February 17, 2012

Subscription & Investment Structure


Intertech (Inc.)
In process of registration

INITIAL CAPITAL: PHP350 MILLION
SUBSCRIBED: PHP87.5 MILLION
PAR VALUE PER SHARE: PHP1.00

INVESTORS/INTERIM BOARD OF DIRECTORS & SUBSCRIPTION OF SHARES
((@25% OF INITIAL CAPITAL)


Name
Nationality
No. of shares 25%
subscribed
 amount
J-(Foreign Investor)
40% 
Thru Intern'l Agent

35000000
(+128,500,000 total)
Php35,000,000.00
(Php128,500,000.00)
Benedict I. Ballug
Filipino
10250000
Php10,250,000.00
Cherrylynn repomanta-
Bonacua
Filipino
26250000
Php26,250,000.00
K-Local Investor
(mobilization)
Thru local Agents
11500000
(initial funding)
Php11,500,000.00
Evelyn Ballug-Trinidad
Filipino
5000000
Php500,000.00
©Jhonny Q. Sipin
Filipino
500000
Php500,000.00
©Wesley E. Sayud
Filipino
500000
Php500,000.00
©Redentor Edoc
Filipino
500000
Php500,000.00
Paul Gupana
Filipino
500000
Php500,000.00
©Macrina Santella
Filipino
500000
Php500,000.00
©Helen S. Oliva

©Joseph Ayod
©Mario E. Bumanglag
 ©Sherwin Pineda
 ©Berjyl Baluyot
Filipino

Filipino
Filipino
Filipino
Filipino
500000

250000
250000
 250000
250000
Php500,000.00 

Php500,000.00
Php250,000.00
Php250,000.00
Php250,000.00


Total
87500000
Php87,500,000.00
                       
Benedict Ilacad Ballug
(Interim) President


LEGEND:
J– two-tiered direct investment
K - Local investor for interim funding requirements
© - Shareholdings of Benedict Ballug held in Trust

No comments:

Post a Comment