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DMCI Homes

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DMCI Homes is the real estate arm of


DMCI Holdings[3] 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.[4]
DMCI Holdings, Inc.

Type Public (PSE: DMC)


Founded Manila, Philippines in
1995
Founder David Mendoza
Consunji
Headquarters DMCI Homes
Corporate Center,
Makati, Philippines
Key people Isidro A. Consunji,
(Chairman & President)
[1]

Cesar A.
Buenaventura (Vice
Chairman)
Herbert M.
Consunji (EVP, CFO,
CCO, & CRO)
Revenue PHP 8.0 billion
(approx US$186.05
million USD) (2010)
Net income PHP 1.2 billion
(approx US$27.9
million USD) (2010)[2]
Parent DMCI Holdings

Website www.dmcihomes.com

History
From 1995 to 2008, DMCI Homes was
headquartered in Dacon Plaza, 1728 Don
Chino Roces Avenue Extension, Makati
City, sharing the office with DMCI and
Semirara Mining Corporation . Total
manpower started at around 75
employees and grew to 600 employees
prompting the need to transfer to DMCI
Homes Corporate Center in 1321
Apolinario St., Brgy. Bangkal, Makati City
(former Intel Building). As of 2012, DMCI
Homes’ employees number at around
1,400.

DMCI Homes started its commercial


operations in 1999 when it constructed its
first Medium Rise Development, the Lake
View Manors in Taguig City.

In 2000, the first DMCI Homes hybrid


development (Mid- and High-Rise
Buildings in a property) is constructed
(Hampstead Gardens Condominium). It
introduced the Pin Wheel Architectural
Design which optimized the flow of fresh
air and ambient light into the building.

In 2004, the first themed Medium Rise


Development, the Mayfield Park
Residences in Rizal, was constructed. It
featured Neo-Asian influences in the
buildings’ architecture and landscaping.

In 2006, DMCI Homes ventured into leisure


residences with the construction of Alta
Vista de Boracay in Malay, Aklan.
Lumiventt Design Technology is also
introduced with the development of Tivoli
Garden Residences, Mandaluyong City in
the same year.

In 2017, DMCI Homes became the


Philippines' first real-estate firm to be
recognized as a quadruple A contractor.
The notice on DMCI Homes’ upgraded
category was released last January 18 by
Philippine Contractors Accreditation Board
(PCAB), the implementing arm of the
Construction Industry Authority of the
Philippines (CIAP) under Department of
Trade and Industry (DTI). [5]
On the same year, DMCI Homes was also
recognized at the Dot Property Philippines
Awards 2017 as Best Developer in Davao
City for its first development in Mindanao -
Verdon Parc [6], and an Award of
Distinction for its Corporate Website in the
23rd Communicator Awards[7].

Holding Firm
DMCI Holdings, Inc. was incorporated on
March 8, 1995 as a holding company to
consolidate all construction businesses,
construction component companies, and
related interests of the Consunji Family. It
was listed on the Philippine Stock
Exchange on December 18, 1995.

Affiliates
General Construction

D.M. Consunji Inc. - a wholly owned


subsidiary that is engaged in general
construction services – the company’s
core business. The subsidiary was
founded in 1954.

Some of the landmark infrastructures that


DMCI built include:
Solaire Resort & Casino (Entertainment
City, Bay City, Paranaque City)
SM Megamall (Mandaluyong City)
Mactan Shangri-La Hotel (Mactan, Lapu-
Lapu City, Cebu)
Makati Shangri-la (Makati City)
Shangri-la Resorts & Spa Boracay
(Malay, Aklan)
Manila Hotel (Rizal Park, Manila)
Philippine International Convention
Center (CCP Complex, Roxas Boulevard,
Pasay City)
The Westin Philippine Plaza/Sofitel
(CCP Complex, Roxas Boulevard, Pasay
City)
Cultural Center of the Philippines
Complex (Roxas Boulevard, Pasay City)
Ayala Tower One (Makati City)
The New Istana Palace (Sultan’s Palace,
Brunei, Darussalam)
The Asian Hospital (Filinvest Corporate
City, Muntinlupa)
The Manila Doctor’s Hospital (UN
Avenue, Manila)
NAIA Expressway Phase 2
Metro Manila Skyway Stage 3 (Sections
1&2)
Line 2 East Extension (Masinag
Extension)
Investment

Project Developers, Inc. (PDI) - another


wholly owned subsidiary that is engaged in
construction business-generating
investments primarily through its
significant minority interests in various
project and infrastructure development
activities. The surge in demand for urban
homes inspired DMCI to construct its very
own housing projects – DMCI Homes.[8]

Mining

Semirara Mining Corporation (PSE:


SCC ), 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 currently 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.[9]
DMCI Mining Corporation (DMC)
(Reuters: [1] ) is 100%-owned subsidiary
engaged in ore and mineral mining and
exploration. The mining operation is an
open pit extraction of nickel, chromite,
and iron laterite for direct shipping. It
was incorporated on May 29, 2007.
Water

DMCI-MPIC Water Company, Inc.


(DMWCI) - is 55-45 joint venture[10] with
Metro Pacific Investments Corporation
(PSE: MPIC ) which has a 92% stake on
Maynilad Water Services, Inc. (Maynilad)
which operates at the West Zone of
Metro Manila. Presently, Maynilad has a
total of 762,315 billed water services,
equivalent to a population of around 6.2
million, in the West Zone which covers
nine cities and two municipalities in
Metro Manila and one city and five
towns in the Cavite province.
Subic Water and Sewerage Company
The first privatized water company in the
Philippines and Southeast Asia to be ISO
certified is a joint venture with three (3)
other companies consisting of Biwater, the
British water utility specialist, Subic Bay
Metropolitan Authority (SBMA), and
Olongapo City Water District (OCWD).

Power

DMCI Power Corporation (DPC) – is a


100%-owned subsidiary engaged in the
business of a generation company
which designs, constructs, invest in, and
operate power plants.[11][12]
Sem-Calaca Power Corporation (Sem-
Calaca) - is 100%-owned by Semirara.[13]
It was incorporated on November 19,
2009 aimed primarily to acquire, expand,
and maintain power generating plants,
develop fuel for generation of electricity,
and sell electricity.[14]

Infrastructure

Private Infra Development Corp. (PIDC)


– On September 11, 2009, the company
subscribed to 1,449,684 representing
32.22% equity interest in Private Infra
Development Corporation 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 construction
period.[15][16]

Memberships
The DMCI is a member of the Philippine
Green Building Council.

References
1. Isidro A. Consunji, Chairman
http://investing.businessweek.com/re
search/stocks/people/person.asp?
personId=9296552&ticker=DMC:PM&p
reviousCapId=35993135&previousTitle
=DMCI%20Homes%2C%20Inc .
2. DMCI Homes 2010 Financial
Highlights
http://www.dmcihomes.com/investor-
relations.php Archived 2012-06-18 at
the Wayback Machine
3. DMCI Holdings, Inc.
http://www.dmciholdings.com/
4. #146 in Business World Top 1000
Corporations for 2014 Business World.
(2014).Top 1000 Corporations in the
Philippines: Economy on the Ascent.
(Volume 28, p. 84). New Manila:
Business World Publishing
Corporation.
5. "DMCI Homes first PH developer to
receive quadruple A license" . Manila
Bulletin Business. Retrieved
2017-06-07.
6. "DMCI Homes wins Best Developer
award in Davao City" . philstar.com.
Retrieved 2017-06-07.
7. "Communicator Awards | Winner's
List" .
www.communicatorawards.com.
Retrieved 2017-06-07.
8. DMCI unit to increase authorized
capital stock
http://www.manilatimes.net/index.php
/business/970-dmci-unit-to-increase-
authorized-capital-stock Archived
2012-07-03 at the Wayback Machine
9. Semirara net income up 2.4%
http://business.inquirer.net/58665/se
mirara-net-income-up-2-4
10. DMCI-MPIC Joint Venture
http://www.abs-
cbnnews.com/business/07/06/09/dm
ci-mpic-water-venture-converts-p28-b-
equity
11. Company Overview of DMCI Power
Corporation
http://investing.businessweek.com/re
search/stocks/private/snapshot.asp?
privcapId=37783204
12. DMCI Power eyes off-grid Napocor
areas
http://www.philstar.com/Article.aspx?
articleId=764301&publicationSubCate
goryId=
13. Philippine Equity Movers: First Gen,
RFM, Semirara, Union Bank
https://www.bloomberg.com/news/20
12-04-30/aboitiz-power-alliance-first-
gen-philippine-equity-preview.html
14. Calaca power plant to be formally
turned over to DMCI Power
http://www.gmanetwork.com/news/st
ory/178372/economy/companies/cal
aca-power-plant-to-be-formally-turned-
over-to-dmci-power
15. DMCI waives right to more shares in
toll road project http://www.abs-
cbnnews.com/business/09/04/09/dm
ci-buy-more-shares-toll-road-
consortium
16. DMCI-SMC venture signs P11.5-B loan
for toll road
http://businessmirror.com.ph/home/c
ompanies/12025-dmci-smc-venture-
signs-p115-b-loan-for-toll-road

External links
DMCI Holdings, Inc. Website
DMCI Homes Website

Retrieved from
"https://en.wikipedia.org/w/index.php?
title=DMCI_Homes&oldid=932415041"

Last edited 2 months ago by Jmertel23


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