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SunStar Publishing, Inc.

SunStar Publishing, Inc.

SunStar Publishing, Inc. is widely recognized for its newspaper publications and online news platforms. First founded in 1996, SunStar is known for its regional and community newspapers that cover major cities in Luzon, Visayas, and Mindanao.

SunStar Publishing, Inc. holds a significant position in the Philippine media landscape for its strong presence in multiple regions across the country. Its extensive regional coverage is essential for communities looking for reliable sources of information. Aside from this, the company actively engages with local communities, covering significant local events, issues, and cultural activities which fosters a sense of connection and relevance, making SunStar a trusted source for regional news.

Major cities covered in Luzon are Manila, Baguio, Pampanga, and Pangasinan in Luzon. Meanwhile, major cities covered in the Visayas are Cebu, Bacolod, Iloilo, Dumaguete, and Tacloban, while Mindanao is Davao, Cagayan de Oro, and Zamboanga.

It also maintains a strong online presence through its official website, www.sunstar.com.ph where it offers up-to-the-minute news, articles, and multimedia content on a national and international scale. Its website is interactive and provides different media formats such as text, photos, video, and live streaming of the different SunStar community newspapers throughout the country.

SunStar Publishing, Inc. also publishes SuperBalita, a Cebuano-language tabloid, in Cebu, Cagayan de Oro, and Davao. Since it manages different community newspapers in the country, all SunStar newspapers are managed by separate companies and executives.

Seventy-percent of SunStar Publishing, Inc. is owned by the Garcia family through the holding company Armson Corporation,and individual shares from other family members.

Another family that indirectly owns the publishing conglomerate are the Gaisanos of Davao, who hold 23.2912% shares through their 77.6632% stake in the wholesale and retail company White Gold, Inc.

Six members of the Gaisanos are listed as shareholders of SunStar, but with 0% in total shares due to their meager PhP1,000 paid-up capital (around US$17.99 as of 2023). Joseph Davidson C. Gaisano Jr. sits on the board of directors of SunStar Publishing as treasurer.

Meanwhile, two other companies — One Italasia Group Corporation and Edgewater Global Holdings, Inc. — indirectly own SunStar Publishing, Inc. through their stakes in the White Gold, Inc. One Italasia Group Corporation and Edgewater Global Holdings, Inc. each indirectly own 3.3487% in SunStar with their 11.166% each stake in White Gold, Inc.

The individual owners and officers of One Italasia Group Corporation and Edgewater Global Holdings, Inc. were not identified.

However, the general information sheet of White Gold, Inc. stated that the offices of two companies are located in Gaisano Mall Building in Bajada, Davao City. One Italasia Group Corporation is on the 4th floor, while Edgewater Global Holdings, Inc. is on the 5th floor.

 

 

Key facts

Mother Company

Armson Corporation

Business Form

Private

Legal Form

Stock Corporation

Ownership

Individual Owner

The Gaisano Family

The Gaisano family owns 77.6632% combined shares in White Gold, Inc., their wholesale and retail trade business, which has a 29.99% stake in SunStar Publishing. The Gaisano clan also owns the Gaisano Grand Malls in Visayas and Mindanao.

23.29%
Media Outlets
Other Media Outlets

Other Print Outlets

SunStar Pampanga

Other Online Outlets

SunStar Cagayan de Oro

Facts

General Information

Founding Year

1996

Affiliated Interests Founder

Jesus B. Garcia

is the former chairperson, president and publisher of SunStar Publishing, Inc. He was the Secretary of Transportation during the Ramos administration.

His son, Gahum Vincent, currently serves as president of SunStar, while his sister Gina is the chairperson.

Employees

136

Contact

SunStar Building, P. del Rosario St., Cebu City

Telephone number: (032) 254-6100

Website: www.sunstar.com.ph

Tax/ ID Number

000-565-060

Financial Information

Revenue (Financial Data/ Optional)

1,859,340 US$ / 102,961,126 PhP

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Management

Executive Board

Gina G. Atienza

is the Chairman of the Board of Directors of SunStar Publishing, Inc.

Non-Executive Board

Missing Data

Supervisory Board

Dale B. Garcia

is one of the incorporators of SunStar Publishing, Inc.

Other Influential People

Kristine C. Gaisano

is the Chairman and President of White Gold, Inc.

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