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PROFILE

Yakult Employees Credit Cooperative or YECC was organized and established in the early months of 1989.  The business address is located at 1st Floor, Yakult Annex Bldg., 1461 Agoncillo corner Escoda St., Brgy. 676 Zone 073, Ermita, Manila.  The establishment of YECC as a cooperative  was formalized through a registration with Department of Agrarian Reform on April 3, 1990 with registration number R-IV-FF-942.  With the enactment of R. A. 6938 known as the Cooperative Code of 1990, it was registered with Cooperative Development Authority (CDA) on August 15, 1995 with registration number CN-625-014.  Further, with the enactment of the new Cooperative Code of 2008 or the R. A. 9520, it was again re-registered under the new law with CIN number 0105163112 dated November 19, 2009.  YECC is registered with the Bureau of Internal Revenue (BIR) with Tax Identification Number (TIN) 004-456-728-000.  It has granted by the BIR Tax Exemption Certificate on January 4, 2011 with number COOP-00017-01-88-RR-06-RDO-33. The authorized share capital of YECC as of June 30, 2015 is 5,250,000 shares for common or P 52,500,000.00 and 1,750,000 shares for preferred or P 17,500,000.00.  The paid up share capital as of June 30, 2015 for common and preferred shares is P 35,743,650.00 and P 141,000.00, respectively.  To date, the total membership of YECC is 495 members.Yakult Employees Credit Cooperative or YECC was organized and established in the early months of 1989.  The business address is located at 1st Floor, Yakult Annex Bldg., 1461 Agoncillo corner Escoda St., Brgy. 676 Zone 073, Ermita, Manila.  The establishment of YECC as a cooperative  was formalized through a registration with Department of Agrarian Reform on April 3, 1990 with registration number R-IV-FF-942.  With the enactment of R. A. 6938 known as the Cooperative Code of 1990, it was registered with Cooperative Development Authority (CDA) on August 15, 1995 with registration number CN-625-014.  Further, with the enactment of the new Cooperative Code of 2008 or the R. A. 9520, it was again re-registered under the new law with CIN number 0105163112 dated November 19, 2009.  YECC is registered with the Bureau of Internal Revenue (BIR) with Tax Identification Number (TIN) 004-456-728-000.  It has granted by the BIR Tax Exemption Certificate on January 4, 2011 with number COOP-00017-01-88-RR-06-RDO-33. The authorized share capital of YECC as of June 30, 2015 is 5,250,000 shares for common or P 52,500,000.00 and 1,750,000 shares for preferred or P 17,500,000.00.  The paid up share capital as of June 30, 2015 for common and preferred shares is P 35,743,650.00 and P 141,000.00, respectively.  To date, the total membership of YECC is 495 members.