DMCI holdings incorporated with subsidiaries Thesis by Gerald Peralta

1.  Gerald Peralta
 Florence Salazar

2. These present times, many students especially Business
Administration students aims to become an employee, why do you
need to be an employee if you can build a business on your own?
You don’t need to settle on what is offered, you need to take risk to
become successful. In fact, there are many ways to become one,
David M. Consunji, a student who is enrolled at University of the
Philippinines 1939, a civil engineer who graduated in 1946 and
passed the board exam during the same year is an epitome of a
good entrepreneur. This study is all about DMCI Holdings
Inc. (David M. Consunji Incorporated) founded on December 24,
1954 and incorporated in March 8, 1995. This company consolidates
all construction business, construction component companies and
related interest of the Consunji Family. It was listed on the
Philippines Stock Exchange on December 18, 1995. The
researchers have decided to work on this research in order to inspire
the students to become one of the successful entrepreneurs here in
the Philippines. No one is too poor or too rich in doing Business, as
long as your passion is in there, it is not impossible to be successful.

3. History
The story began when a young concrete inspector learned
valuable insights of what construction is all about-the planning,
preparation, implementation, and the systems involved and put
up his own contracting company bearing his name, DAVID
CONSUNJI Civil Engineers and Contractors. Equipped with a
vision and dedication to profession, this young inspector in a
small room in Pandacan, Manila, DAVID MENDOZA CONSUNJI
(DMC) founded D.M.Consunji, Incorporated (DMCI) on December
24, 1954. Starting from constructing chicken houses for the
Bureau of Animal Industry, DMCI has earned a reputation for on
schedule delivery and quality work.

4. David M. Consunji, is the chairman of publicly listed holding firm, DMCI
Holdings Incorporated, he was a former secretary of the Department of
Public works, Transportation and Communications from 1970 to 1975,
during the Marcos administration. Last 2015, Forbes listed him as the 9th
richest Filipino, with a net worth of US$3.4 billion. David Consunji
founded D.M. Consunji, Inc. in 1954 and has become its Chairman since.
In 1995, he established the DMCI Holdings Incorporated to consolidate
the businesses. In 1979, Consunji was named Outstanding Citizen of the
City of Manila for Engineering. He was also awarded one of the ten
outstanding Civil Enginers by the Philippine Institute of Civil Engineers in
1982. Awardee of Knighthood of Saint Sylvester in 1988, in 1993, he was
a recipient of Doctor of Laws, honoris causa from the University of the
Philippines. In 1994, Consunji was named Meralco Awardee in
Engineering and Applied Science. He was also a recipient of the Civil
Engineer Diamond Jubile Award conferred by the University of the
Philippines Alumni Engineers in 1993, and was named Management
Association of the Philippines Awardee in 1996. In 2001, he received The
Outstanding Filipino (TOFIL) Awardee for Construction Industry and the
UPAA Lifetime Distinguished Achievement Awardee for the 2005, for his
invaluable contribution to the development and progress of the country.
The hundreds of landmark infrastructure constructed by DMCI symbolize
the expertise and professionalism of the Filipino engineer.
THE FOUNDER

5. DMCI Holdings, Inc. (DMCIHI) was
incorporated on March 8, 1995 as a holding
company to consolidate all construction
business, construction component companies
and related interests of the Consunji Family. It
was listed on the Philippine Stock Exchange
on December 18, 1995.
The Company has five operating subsidiaries,
namely: D.M. Consunji, Inc. (DMCI), DMCI
Project Developers, Inc. (PDI), Semirara
Mining and Power Corporation [Semirara
(SMPC), DMCI Mining Corporation, and
DMCI Power Corporation; and two affiliates
namely, DMCI-MPIC Water Company, Inc.
and Private Infra Dev Corporation (PIDC).

6. A wholly owned subsidiary, is engaged in general
construction services – the Company’s core
business. It is also engaged in various construction
component businesses such as production and
trading of concrete products, and electrical and
foundation works. Founded in 1954, DMCI is
acknowledged as one of the leaders in the
Philippine construction industry, noted for quality
projects delivered on time and its pioneering
application of advanced engineering methodology.

7. Another wholly owned subsidiary, is engaged in
construction business-generating investments primarily
through its significant minority interests in various project
and infrastructure development activities. These
ventures generate not only investment income but also
construction business for DMCI. PDI also seeks strategic
partners who will add value and expertise to the various
aspects of its project development and implementation.

8. DMCI Homes is the real estate arm of DMCI
Holdings, Inc. through its wholly owned
subsidiary DMCI Project Developers, Inc. (PDI). It
was incorporated and registered with the Securities
and Exchange Commission (SEC) on April 27, 1995.
It ranked #146 in the Business World Top 1000
Corporations for 2014.

9. A 56%-owned subsidiary, is a publicly listed company
engaged in the exploration, mining and development of
coal resources on Semirara Island in Caluya, Antique. It
is currenly the Philippines’ largest coal-producing
company with a guaranteed long-term market by virtue
of its supply contract with the state-run National Power
Corporation.

10. Is 100%-owned subsidiary engaged in ore and mineral mining
and exploration. It was incorporated on May 29, 2007. It has
entered into a Memorandum of Agreement with Rusina
Mining Ltd., a listed company in Australia, in which the
Corporation agreed to be the independent contractor to
directly undertake the mining operations in the municipalities
of Sta. Cruz and Candelaria in Zambales. Currently it also
has a contract mining with Benguet Mining Corporation in
Zambales. The mining operation is an open pit extraction of
nickel, chromite, and iron laterite for direct shipping.

11. A 100%-owned subsidiary, is engaged in the business of a
generation company which designs, constructs, invest in, and
operate power plants. On January 15, 2007, the National Power
Corporation (NPC) awarded to DPC the Masbate Power
Generation, one of the small utilities group (SPUG) of NPC. DPC
shall cover the take over of the power supply obligation in
Masbate with a 15-year Power Supply Agreement with Masbate
Electric Cooperative (MASELCO). Masbate Power Generation
has a total contract of 13,000 KW of Guaranteed Dependable
Capacity (GDC).

12. DMWCI (DMCI-MPIC Water Company, Inc.)
Is a joint venture holding company which holds 92.85 percent of
shares in Maynilad Water Service, Inc. (Maynilad), between the
Company, Metro Pacific Investments Corporation (MPIC) and
Marubeni Corporation Phils. Marubeni's acquisition of 21.54%
shareholdings in DMWCI concluded last February 2013 and
following this, the economic interest of the Company is now at
25.24%, while MPIC and Marubeni have 52.8% and 20%
respectively.

13. Is a consortium of different local contractors which the
Company holds 24% equity interest for the Tarlac-
Pangasinan-La Union Expressway (TPLEX) Project.
TPLEX is an 88-km two lane toll road with a 35-year
concession including 5-year contruction period. It costs a
total of Php 19.4 billion including the Php 2.9 billion
government subsidy. The Group’s ultimate goal is to play
a vital role in the nation’s bid toward progress, inspired
by its vision to become an institution in the construction
industry committed to the economic and social
development of the country.