medical center trading corporation

MEDICAL CENTER TRADING CORPORATION
PIONEER STREET CORNER SHAW BOULEVARD
BARRIO KAPITOLYO, PASIG CITY 1600, PHILIPPINES
TEL NOS.: (632) 6311715 TO 17
FAX NO.: (632) 6317869
TIN NO. 000-280-681
E-MAIL ADDRESS: medcen@info.com.ph
SUMMARY
ORGANIZATION TYPE
REGISTRATION NO.
REGISTRATION DATE
LINE OF BUSINESS
PSIC NO.
TERRITORY
EMPLOYS
EXPORTS
IMPORTS
CHIEF EXECUTIVE
COURT RECORD
PAYING RECORD
BANK EXPOSURE
REVENUE
NET WORTH
CORPORATION
3788
JULY 31, 1948
IMPORTER/DISTRIBUTOR – MEDICAL/HOSPITAL INSTRUMENTS/SUPPLIES
D33119
NATIONAL
ABOUT 140
NO
YES
MS. VIVIAN QUE AZCONA
NONE
PROMPT
YES
464,970,063 (2001)
135,236,400 (2001)
ECONOMIC OVERVIEW
•
Real gross domestic product (GDP) growth rose to 3.8 percent, higher than the 2.9 percent in the same period last year. In
addition, the 22.5 percent expansion in net factor income from abroad brought about by the stable flow of remittances from
OFW’s and reduced property expense led to a 4.9 percent increase in gross national product (GDP), as compared to 3.4 percent
for the same period last year.
•
Personal consumption expenditure slightly dipped to 3.4 percent growth, compared with the 3.5 percent growth in the first quarter
of 2001 despite stable inflation and interest rates. However, consumer demand remained as the economy’s growth driver amidst
weak investments and export performance. Investments continue to falter in the face of weak business confidence while exports
remain weak pending the recovery of demand in key markets. On the other hand, government consumption is still hampered by
the tight fiscal stance of the government to rein in the budget deficit.
•
The services sector posted 4.8 percent growth on the strong performance of the communications, trade and transportation
subsectors and the recovery of the ownership of dwellings and real estate subsectors. Agriculture recorded a 4.4 percent growth
due to increased hectarage in areas planted and better yield in the corps subsector. Meanwhile, the Malampaya gas field started
production. This helped augment the industry sector’s growth of 1.9 percent, as compared to 0.6 percent for the same period
last year. However, overall sectoral growth remains on the recover of demand in export markets and the full return of business
confidence.
Source: Institute for Development and Econometric Analysis Inc.
PAYMENTS
Supplier
:1
First Transaction : -
Last Transaction: July 2002
 Equifax Plc. All rights reserved.
This report is provided for your internal business use only and may not be reproduced, disclosed, distributed or transferred in any manner without permission of Equifax Plc.
Please note that the information in this report is provided to Globalscan by third parties and the cost reflects the fact that we do not verify the information. Accordingly, we
accept no liability in respect of inaccuracies or omissions (unless caused by our negligence) and our liability in other respects is limited.
Date
Checked
07.2002
11.00
Credit
Outstanding
Products Purchased
Paying Habits
Line
Balance
Past Due
Medical supplies
Prompt
Open
None
Subject has a purchase order this month amounting to 3,000,000
Medical supplies
Prompt
None
(Average monthly purchase – 2,000,000)
Supplier
Date
Checked
07.2002
11.00
First Transaction : -
Paying Habits
Prompt
Medical supplies
Prompt
:3
First Transaction : -
Products Purchased
Gloves
30 days
Last Transaction: June 2002
Products Purchased
Medical devices
Supplier
Date
Checked
11.00
:2
Credit Term
30 days
Credit
Outstanding
Line
Balance
Past Due
Credit Term
Open
200,000
None
30 days
(Average monthly purchase – 200,000). Subject is a good client.
None
30 to 45 days
Last Transaction : November 2000
Paying Habits
Prompt
Credit
Line
Outstanding
Balance
(Highest purchase – 2,000,000)
Past Due
None
Credit Term
30 day
No further trade information obtained from other possible suppliers checked.
“Medical Center Trading Corporation” not found in our database of Accounts Referred for
Collection/Reported as Delinquent Accounts.
HISTORY
A corporation registered with the Securities and Exchange Commission on July 31, 1948; registration
no. 3788; term, 50 years.
Originally registered as "Medical Center Drug Corporation". Present name adopted on April 11,
1980.
Authorized capital stock
Subscribed capital stock
Paid-up capital
Par value per share
Original
Common
As of 05.09.2002
Common
100,000
20,000
5,000
100
150,000,000
53,250,000
53,250,000
100
Increase in authorized capital stock from 25,000,000 to 150,000,000 was approved by the Securities
and Exchange Commission in August 1997.
Capital structure per records.
A wholly owned subsidiary of Mercury Group of Companies Inc.
PRINCIPALS
07.25.2002
Name
Position
 Equifax Plc. All rights reserved.
This report is provided for your internal business use only and may not be reproduced, disclosed, distributed or transferred in any manner without permission of Equifax Plc.
Please note that the information in this report is provided to Globalscan by third parties and the cost reflects the fact that we do not verify the information. Accordingly, we
accept no liability in respect of inaccuracies or omissions (unless caused by our negligence) and our liability in other respects is limited.
AZCONA, VIVIAN QUE
MACATANGAY, ANTONIO C. (DR.)
ROMERO, JOSEFINA P.
ORTIZ-LUIS, INOCENCIO JR. (ATTY.)
QUE, MARIANO
BATILARAN, SULPICIO
CHAIRMAN
PRESIDENT/DIRECTOR
TREASURER/DIRECTOR
CORPORATE SECRETARY
DIRECTOR
DIRECTOR
AZCONA, V. Q., Filipino, born on September 1, 1955. Bachelor of Science in Pharmacy, University of
Santo Tomas. As of 03.98, President/Director, Pacifica Agrivet Supplies Inc.; as of 03.98, Vice
President/Director, Milestone Development Corp.; as of 10.00, Director M L M Foods Inc.; as of 03.98,
President/Director, Apollo Chemicals Inc.; as of 02.00, Director, Elta Industries Inc.; as of 08.00,
President/Director/General Manager, Mercury Drug Corp.; as of 09.98, Vice President/Director, Mercury
Group of Companies Inc.; as of 04.98, Director, Tropical Hut Food Mart Inc.; as of 09.99, Vice
President/Director, Trinity Franchising And Management Corp; as of 06.00, Director, Philusa Corp.
ROMERO, J. P. As of 10.00, Vice President – Finance/Director, MLM Foods Inc.; as of 08.00
Treasurer/Director, Mercury Drug Corporation, as of 07.00 Treasurer/Director, Tropical Hut Food Market
Inc.; as of 02.00 Treasurer/Corporate Secretary/Director, Elta Industries Inc.; as of 09.99, Director,
Trinity Franchising and Management Corporation.
ORTIZ LUIS, I. JR., Filipino, born on February 6, 1933. Bachelor of Laws, Ateneo De Manila University.
As of 03.98, Corporate Secretary, Trinity Franchising And Management Corp.; as of 03.98, Corporate
Secretary/Director, Milestone Development Corp.; as of 03.98, Corporate Secretary/Director, Pacifica
Agrivet Supplies Inc.; as of 03.98, Corporate Secretary/Director, Apollo Chemicals Inc.; as of 03.98,
Corporate Secretary, Mercury Group of Companies Inc.; as of 03.98, Corporate Secretary, Philusa
Corp.; as of 03.98, Corporate Secretary, M L M Foods Inc.; as of 03.98, Corporate Secretary, Tropical
Hut Food Mart Inc.; as of 03.98, Corporate Secretary/Legal Counsel, Mercury Drug Corporation.
QUE, M., Filipino, born on August 15, 1920. As of 09.98, Chairman/President, Mercury Group of
Companies Inc.; as of 06.00, Chairman, Philusa Corporation; as of 10.00, Chairman, M L M Foods Inc.;
as of 07.00, President/Director, Tropical Hut Food Mart Inc.; as of 03.98, Chairman/President, Mercury
Drug Corporation; as of 09.99, President/Chief Executive Officer/Director, Trinity Franchising And
Management Corp.; as of 06.00, Chairman, Philusa Distributors Inc.
OPERATIONS
07.25.2002
Importer and distributor x-ray machines, surgical instruments, and hospital supplies such as needles,
gloves, and syringes, among others.
Brands include Mc Bride, Universal, Dr. Kelly, and Devil Biss, among others.
Used to be manufacturer and distributor of "Medicent" hospital beds, and wheel chairs; "Medicent",
"Paradent I", "Paradent II", "Smart I" dental units; and electro medical apparatus such as waterbats,
sterilizers, laboratory ovens, and section apparatus; and laboratory reagents.
Foreign suppliers are Bard International, Universal X-Ray (based in the US); Hettich Zentrifugen,
(Germany); Fukuda Denshi and Misawa Medical Industry (both Japan); Colorplast A/S (Denmark);
Commonwealth Serum Laboratories (Australia), and Diagnostic Chemicals (Canada).
Territory sold, national.
 Equifax Plc. All rights reserved.
This report is provided for your internal business use only and may not be reproduced, disclosed, distributed or transferred in any manner without permission of Equifax Plc.
Please note that the information in this report is provided to Globalscan by third parties and the cost reflects the fact that we do not verify the information. Accordingly, we
accept no liability in respect of inaccuracies or omissions (unless caused by our negligence) and our liability in other respects is limited.
Major direct clients include Makati Medical Center, St. Luke's Medical Center, Philippine Heart Center,
Cardinal Santos Medical Center, Medical City, Capitol Medical Center, Philippine General Hospital, and
Department of Health, among others.
Also sells nationwide through dealers. Identity not disclosed.
Sales are made on cash (10%) and credit (90%). Extends 30 to 60 days credit terms. New clients are
required to pay cash on delivery.
Imports through letters of credit.
BRANCHES: 1545 Bambang Street, Sta. Cruz, Manila; Osmena Boulevard, Cebu City; 110 GCL
Building, Quirino Avenue, Davao City and at Benigno Aquino Avenue, West Diversion Road, Manduriao,
Iloilo City, Pampanga.
EMPLOYEES: About 140 administrative personnel, plant workers, and salespeople. Per source,
currently
Has no labor union.
LOCATION: Headquarters, administrative and sales offices, warehouse at captioned address. Located
in an industrial section on main street.
FACILITIES:
mezzanine.
Leases about 2,200 square meters improved with a single-storey building with
PARENT COMPANY: Mercury Group of Companies, Inc. (7 Mercury Avenue, Libis, Quezon City) –
owns 100% of capital stock.
AFFILIATES: Mercury Drug Corporation, Philusa Corp., Apollo Chemicals Inc., Milestone Development
Corp., Tropical Hut Food Mart, Inc., Pacifica Agrivet Supplies, Inc., Trinity Franchising and Management
Corp., MGCI Insurance Underwriters Agency, Inc., Elta Industries, and MLM Food Corp.
NEGATIVE RECORDS
Based on available records provided by the courts, no case has been filed against subject as of July 24,
2002.
BANKING
Bank of the Philippine Islands (Head office and Kapitolyo, Pasig), Land Bank of the Philippines (Pasig),
and Banco de Oro Universal Bank (Ortigas, Pasig).
Please see attached credit exposure report as of December 31, 2001.
Verification of deposits, if any, prohibited under Philippine law.
FINANCE
Following are subject's financial highlights:
 Equifax Plc. All rights reserved.
This report is provided for your internal business use only and may not be reproduced, disclosed, distributed or transferred in any manner without permission of Equifax Plc.
Please note that the information in this report is provided to Globalscan by third parties and the cost reflects the fact that we do not verify the information. Accordingly, we
accept no liability in respect of inaccuracies or omissions (unless caused by our negligence) and our liability in other respects is limited.
2001
Revenues
Net Income (loss)
Current Assets
Current Liabilities
Total Assets
Total Liabilities
Stockholders' Equity
Current Ratio
Debt to Asset Ratio
Debt to Equity Ratio
Return on Assets (%)
464,970,063
31,444,028
292,976,622
170,155,751
307,930,875
172,694,475
135,236,400
1.72
0.56
1.28
10.21
2000
388,050,983
19,204,567
225,730,302
132,391,441
243,432,440
133,862,443
109,569,997
1.71
0.55
1.22
7.89
END OF REPORT
 Equifax Plc. All rights reserved.
This report is provided for your internal business use only and may not be reproduced, disclosed, distributed or transferred in any manner without permission of Equifax Plc.
Please note that the information in this report is provided to Globalscan by third parties and the cost reflects the fact that we do not verify the information. Accordingly, we
accept no liability in respect of inaccuracies or omissions (unless caused by our negligence) and our liability in other respects is limited.