BENGUET CORPORATION

BENGUET CORPORATION AND SUBSIDIARIES
MAP OF THE RELATIONSHIPS OF THE COMPANIES WITHIN THE GROUP
BENGUET
CORPORATION
SUBSIDIARIES
100%
100%
Benguetcorp Nickel
Mines , Inc. (BNMI)
100%
BenguetCorp
Laboratory Inc. (BCLI)
100%
Benguet Management
Corporation (BMC)
Sagittarius Alpha Realty
Corporation (SARC)
100%
BMC Forestry
Corporation (BFC)
Balatoc Gold Resources
Corporation (BGRC)
Pillars of Exemplary
Consultants, Inc. (PECI)
100%
Arrow Freight
Corporation (AFC)
Keystone Port Logistics
Management Services
Corporation (KPLMSC)
100%
Berec Land Resources
Inc. (BLRI)
100%
100%
Acupan Gold Mines,
Inc. (AGMI)*
100%
100%
100%
100%
100%
(*) – Pre-operating
(**) – Non-operating
Benguet-Pantukan Gold
Corporation (BPGC)
100%
Calhorr 1 Marine Services
Corporation (CMSC)*
Agua de Oro Venture
Corporation (Agua)
100%
Calhorr 2 Marine Services
Inc. (CMSI)*
Batong Buhay Mineral
Resources Corporation
(BBMRC)*
100%
Ifaratoc Mineral
Resources Corporation
(Ifaratoc)*
100%
BC Property
Management, Inc.
(BCPM)*
100%
100%
Media Management
Corporation (MMC)**
100%
Benguetcorp
International Limited
(BIL)
Benguetrade, Inc. (BTI)
Benguet USA, Inc.**
Benguet Canada
Limited**
100%
100%