Bright Kindle Resource & Investments, Inc
Our Company
Bright Kindle Resources & Investments, Inc. (formerly Bankard, Inc.) (the
“Company”) was incorporated in the Philippines on December 4, 1981 as a credit
card corporation. On March 21, 1995, the Company listed its shares with the
Philippine Stock Exchange, Inc. Prior to December 27, 2013, the Company was a
subsidiary of Rizal Commercial Banking Corporation (RCBC).
On October 18, 2013, the Board of Directors (BOD) of RCBC approved the sale of its
89.98% collective stake in the Company. In order to consummate the sale, a block
sale was made between RCBC and RYM Business Management Corp. (the “Parent
Company” or “RYM”) together with other investors. As a result, RYM acquired
81.77% interest in the Company.
In view of the change in its ownership and management, the Company has changed
the nature of its principal business. In November 2013, the Company’s BOD
approved the amendment in the Company’s Articles of Incorporation to change its
corporate name to Bright Kindle Resources & Investments, Inc. and primary
business purpose to a holding Company. This matter was submitted and approved
by the shareholders during the Special Stockholders’ meeting held on December 9,
2013. The Securities and Exchange Commission (SEC) approved the Company’s
Amended Articles of Incorporation on January 30, 2014. Assets and liabilities related
to the Company’s credit card servicing operation were transferred to RCBC Bankard
Services Corporation (RBSC) and RCBC on December 12, 2013. Effective
December 16, 2013, the Company ceased acting as the administrator of RCBC’s
credit card business.
Consequently, the Company is now engaged in the purchase, exchange,
assignment, and holding of investments and any and all properties, including, but not
limited to, bonds, debentures, promissory notes, shares of stocks, or other securities
without however engaging in the business of an investment company under the
Investment Company Act or a finance company or a broker or dealer in securities.
The Company’s registered office is located at 16 th Floor, BDO Towers Valero
(formerly Citibank Tower), 8741 Paseo de Roxas, Makati City.
Board of Directors
| Position | Name |
| Chairman of the Board | Cesar C. Zalamea |
| Director | Rolando S. Santos |
| Director | Andrew Julian K. Romualdez |
| Director | Remegio C. Dayandayan, Jr. |
| Director | Minda P. de Paz |
| Director | Augusto C. Serafica Jr. |
| Director | Hermogene H. Real |
| Director | Edgar Dennis A. Padernal |
| Director | Clark A. Banaag |
| Director | Lester C. Yee |
| Independent Director | Kwok Yam Ian Chan |
| Independent Director | Rhodora L. Dapula |
Management Officers
| Position | Name |
| Chairman of the Board | Cesar C. Zalamea |
| President / CEO | Augusto C. Serafica, Jr |
| SVP Treasurer | Rolando S. Santos |
| Corporate Secretary, Data Privacy Officer and Compliance Officer | Rommel T. Casipe |
| Assistant Corporate Secretary | Hermogene H. Real |
| Co-Asst. Corporate Secretary | Rommel T. Casipe |
| Vice-President Risk Management/ Chief Risk Officer | Dale A. Tongco |
Security Information
| Sector | Financials |
| Subsector | Other Financial Institutions |
| Corporate Life | 50 |
| Incorporation Date | Dec 04, 1981 |
| Number of Directors | 11 |
| Stockholders’ Meeting as per By-Laws | May – last Thursday except holidays |
| Fiscal Year | 12/31 (Month/Day) |
| External Auditor | Reyes Tacandong & Co. |
| Transfer Agent | Stock Transfer Services Inc. |