D&L Industries 9M16/3Q16 Earnings Call

file to follow as soon as it becomes available


We are committed to excel and be the leader in the industries we serve. We will:

Conduct business in a manner that will meet customer expectations while ensuring sustainable growth.
Ensure the well-being of our employees by implementing health & safety programs.
Preserve the environment, conserve and wisely use resources and comply with health, safety, environmental regulations and other applicable requirements.

This policy shall be periodically reviewed for continual improvement and communicated to all stakeholders.

The Company, in the ordinary course of business, engages in transactions among its constituent companies. these material related party transactions include:

     
 

Terms and Conditions

Management service fees:

The fee for technical and logistics support services ranges from 2% to 3% of net receipts from operations, excluding intercompany sales, and those for administrative and executive management support services ranges from 3.5%-7% of gross income from operations. these are collectible on demand not later than 12 months from reporting date

Shareholder

LBL Industries, Inc. 

Subsidiary

Oleo-Fats, Incorporated

Entities under common control

FIC Marketing Co., Inc.

Consumer Care Products, Inc.

FIC Tankers Corp.

Associate

Chemrez Technologies, Inc. and subsidiary



     

Sale of goods:

Sales of goods are negotiated with related parties on a cost- plus basis. These are collectible on demand but not later than 12 months from reporting date.

Subsidiary

Oleo-Fats, Incorporated

Entities under common control

FIC Marketing Co., Inc.

Consumer Care Products, Inc.

FIC Tankers Corp.

Malay Resources, Inc.

Associate

Chemrez Technologies, Inc. and subsidiary 

     
 

Terms and Conditions

Management service fees:

The fee for technical and logistics support services ranges from 2% to 3% of net receipts from operations, excluding intercompany sales, and those for administrative and executive management support services ranges from 3.5%-7% of gross income from operations. these are collectible on demand not later than 12 months from reporting date

Shareholder

LBL Industries, Inc. 

Subsidiary

Oleo-Fats, Incorporated

Entities under common control

FIC Marketing Co., Inc.

Consumer Care Products, Inc.

FIC Tankers Corp.

Associate

Chemrez Technologies, Inc. and subsidiary



     

Purchases:

Purchases of goods are negotiated with related parties on a cost-plus basis. These are payable on demand but not later than 12 months from reporting date.

Shareholder

LBL Industries, Inc.

Subsidiary

Oleo-Fats, Incorporated

Entities under common control

FIC Marketing Co., Inc.

Consumer Care Products, Inc.

Associate

Chemrez Technologies, Inc. and subsidiary 

P10.54

0.20
1.93%

   

 

As of 22 Nov 2017