Manuel A. Gana is the president and leader

Manuel A. Gana is the president and leader government officer of Belle Corp. (BEL). Other pinnacle agency officials are Armin B. Raquel-Santos, govt vice chairman (EVP)-included inns; Jackson T. Ongsip, EVP and chief finance officer; Rogelio I. Robang, vp (VP)-company rawland; Michelle T. Hernandez, VP-governance; and Nancy O. Hui, VP administration, in line with the organisation’s submitting.

As a six-individual group, they have been paid P48,660,869 in salaries, P10,151,080 in bonuses and P3,516,193 in retirement advantages in 2019. In 2018, Belle paid the six-individual organization P45,906,480 in salaries, P10,151,080 in bonuses and P3,317,163 in retirement advantages.

For 2020, Belle could pay them P51,580,521 in salaries, P10,760,a hundred forty five in bonuses and P3,727,164 in retirement blessings. The repayment filing stated: “President and 4 Most Highly Compensated Executive Officers.”

“All other officials and administrators as a collection unnamed” have been paid P38,334,985 in salary, P2,728,101 and P4,371,138 in 2019. Belle estimates them to get the identical amount in 2020. In 2018, the company stated it paid them P36,a hundred sixty five,080 in salaries, P2,573,680 in bonuses and P4,123,715 in retirement advantages.

In a footnote, Belle stated Robang obtained his proportion of the six-man or woman group’s retirement blessings. It delivered that “all unbiased administrators get in keeping with diem of P50,000 every per meeting attended whilst the other administrators get P20,000 each per assembly attended.”

On Mar. 15, 2020, BEL commonplace stocks opened trading at P1.41, hit a excessive of P1.Forty four, dropped to a low of P1.41 and closed at P1.Forty four. The inventory peaked at a 30-day excessive of P1.62 and fell to a 30-day low of P1.

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In Belle’s 2019 popular statistics sheet (GIS), the enterprise positioned at P127,237,198 the “overall annual compensation of administrators for the duration of the preceding economic year,” however introduced the amount is “along with annual repayment of executive officials.”

The GIS stated the equal issue in 2018. In stated filing, Belle additionally said “general annual repayment of directors for the duration of the preceding monetary 12 months” is P77,029,460, which will be regarding 2017. Again, as in 2019 GIS, the corporation additionally stated the amount was “including annual compensation of govt officers.”

In a POR as of Dec. 31, 2019, Belle credited the public as holders of four,545,086,733 commonplace shares or 46.553 percentage of nine,763,126,297 remarkable not unusual shares. The 3 important stockholders mixed for direct and oblique possession of 4,765,686,668 or 48.Eight percentage. They had been Belleshares Holdings Inc., 2,604,740,622 commonplace stocks or 26.Sixty seven percent; Sysmart Corp., 1,629,625,469 common shares or 16.Sixty nine percentage; and Sybase Corp., 531,320,577 commonplace shares or 5.Forty four percentage.

On Apr. Eight, 2020, BEL not unusual shares opened and closed the consultation at P1.35. The stock peaked at a 30-day high of P1.62 and fell to a 30-day low of P1. On Apr. 7, 2020, it opened at P1.33, hit a high of P1.38, dropped to a low of P1.32 and closed at P1.33.