A. Soriano Corp. is an investment holding company. The Company’s core operating investments include Phelps Dodge Philippines Energy Products Corporation and Seven Seas Resorts and Leisure, Inc. The firm has three segments. Holding company segment pertains to the operations of the Company. Resort operations segment pertains to the Company’s subsidiary providing hotel and resort accommodation, relaxation and entertainment, among others, while villa development includes the sale of villa lots, construction of structures and setting up of furniture, fixtures and equipment. Cable and Wire Manufacturing segment pertains to the Company’s subsidiaries engaged in manufacturing, importing, exporting, buying, selling or otherwise dealing in, at wholesale, goods, such as building wires, power cables, aluminum wires and cables, copper rods, automotive wires and other energy-related goods of electrical nature.
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