Bright Kindle Resources & Investments Inc.
PPSE:BKR0.49
PHP
0.00
(0.00%)
ISIN
PHY096AT1065
CUSIP
Y096AT106
Return %
Stock
S&P 500
1Y
-32.64
14.20
3Y
-66.32
81.12
5Y
-46.11
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Augusto Antonio C. Serafica
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Makati Philippines
- IPO Date
- Feb 23, 1995
- Website
- brightkindle.com
- Similar Companies
- Business
- Bright Kindle Resources & Investments Inc. is a Philippines-based investment holding company primarily engaged in acquiring, managing, holding, and disposing of financial assets, equity securities, debt instruments, and strategic interests in operating enterprises, with a concentrated focus on the natural resources and mineral extraction sectors. Originally incorporated on December 4, 1981, as Bankard, Inc., a credit card issuing corporation, the company divested its consumer credit card operations in December 2013 and officially adopted its current corporate name and holding mandate in January 2014 following its acquisition by parent entity RYM Business Management Corporation. Headquartered in Makati City, Philippines, the company operates across the domestic Philippine market, directing capital toward resource development, asset management, and corporate investment projects. The company's core asset portfolio and commercial activities encompass a 19.9 percent equity interest in Marcventures Holdings, Inc., an enterprise active in the exploration, extraction, smelting, and commercial distribution of mineral ores, including nickel ore, chromite, copper, gold, and manganese across mining tenements in Surigao del Sur; capital allocation and treasury management services; direct and indirect equity investments in operating corporate ventures; holding of fixed-income instruments, bonds, and promissory notes; and corporate investment management across resource development subsidiaries. Through its portfolio entities, the company provides raw mineral ores and industrial commodities to international metal refiners, smelters, and industrial trade clients across Asia. In recent corporate developments, Bright Kindle Resources & Investments Inc. expanded its mineral resources portfolio through a major transaction executed by its investment subsidiary, Brightstar Holdings and Development, Inc. (BHDI). BHDI entered into a definitive agreement and deed of exchange to acquire 100 percent of Strong Built (Mining) Development Corp., a Leyte-based mining enterprise holding magnetite iron sand extraction assets, in a reverse takeover transaction valued at approximately 5 billion Philippine pesos. To execute this acquisition and asset integration, BHDI increased its authorized capital stock to 7 billion Philippine pesos and issued new common shares to the owners of Strong Built (Mining) Development Corp., restructuring BHDI's shareholding structure while solidifying the group's strategic positioning and operational pipeline within the Philippine iron sand and extractive industries.