Investor Relations - Real Estate Philippines | Philippine Condominiums

Company Profile

Century Properties Group, Incorporated, formerly East Asia Power Resources Corporation, (“CPGI” or the “Company”) was originally incorporated on March 23, 1975 as Northwest Holdings and Resources Corporation. In September 26, 2011, the Board of Directors of CPGI approved the change in the Company’s corporate name to its present name, as well as the change in its primary business purpose from power generation to that of a holding company and real estate business.

Century Properties Inc. (CPI) is the Parent Company of CPGI. On September 2011, the Board of Directors of CPI approved the subscription of shares of CPI’s subsidiaries to CPGI in order for CPGI to be engaged in the real estate industry.

Today, CPGI through its subsidiaries and affiliates, is one of the few publicly-owned property firms that offers a full-range of services, including property development, sales and marketing, and property management. The Company undertakes real estate projects and developments through its subsidiaries, namely: (i) Century Communities Corporation (“CCC”), (ii) Century Properties Management, Inc. (“CPMI”), (iii) Century City Development Corporation (“CCDC”), and (iv) Century Limitless Corporation (“CLC”).

As one of the most highly experienced real estate companies in the industry, the Company has built over 22 buildings (with over 4,200 units) and 720 homes, with a 100% completion rate of all its projects. Its roster of noteworthy developments include the award-winning Essensa East Forbes (“Essensa”) in Fort Bonifacio, South of Market (“SOMA”) in Fort Bonifacio, SOHO Central in the Greenfield District of Mandaluyong, Pacific Place in Ortigas and the string of French-inspired condominium buildings in Makati called Le Triomphe, Le Domaine and Le Metropole. The Company also pioneered the concept of medical arts buildings with its Medical Plaza projects located in Makati and Ortigas.

In 2007, it started the development of the 3.4-hectare mixed-use project called Century City in Kalayaan Avenue, Makati. Comprising Century City’s master plan are a retail center, office buildings, and residential buildings. To date, 5 projects are under development including Gramercy Residences, Knightsbridge Residences, Milano Residences (partnership with Versace Homes), Trump Tower Manila (under license from the Trump Organization), Centuria Medical Makati (with a partnership with GE) and the retail center.

In 2009, CLC, ventured into the affordable market segment with its first project, Azure Urban Resort Residences located beside SM Bicutan in Parañaque City. Designed by the award-winning firm Broadway Malyan, the nine-building residential enclave will rise on a six-hectare property, 80% of which is envisioned to consist of open space. CLC also launched Acqua Residences in 2011, a 6 building development located on a 2.4hectare plot in Mandaluyong City.

As for property management, the Company’s subsidiary, CPMI, is involved in a full range of services —from lease and sales to facilities management and auction services — and has successfully earned a steady clientele of third-party property owners and managers. To date, CPMI, currently an affiliate of the Company, manages 43 buildings comprising 1.9 million square meters. Through CPMI’s property management services, the Company is able to ensure that the buildings it develops maintain their asset value, and are safe and secure. Notable third-party properties under management include the Asian Development Bank in Ortigas, BPI Buendia Center in Makati, Philippine National Bank Headquarters in Manila, Pacific Star Building in Makati, and Makati Medical Center in Makati.

Twenty-five years later, the Parent Company has emerged as a strong player in the real estate industry, earning a reputation for actively revolutionizing housing concepts in the country. Among its pioneering contributions is the Fully-Fitted and Fully-Furnished (“FF/FF”) concept, now an industry standard in real estate.

In the near future, as Century Properties Group Inc. continues on its mission to broaden the experiences of, and build premium homes for, Filipinos from all walks of life, and foresees a place among the top five firms in residential real estate sales and development in the country.

You can check Century Properties’ developments here.

Board of Directors and Officers

Jose E.B. Antonio

64 years old, Filipino, is the founder, Chairman and Chief Executive Officer (CEO) of all the companies of CPI and its subsidiaries. He graduated Cum Laude from San Beda College, Manila in 1966 with a Bachelors degree in Commercial Science (major in Marketing). He attended Ateneo de Manila’s Graduate School of Business, and received a Master Degree in Business Management (MBM) in 1968. He also attended Harvard University’s Owner/President Management Program and graduated in 2003. Mr. Jose E.B. Antonio is the Chairman of Meridien, Century Asia Corporation, Prestige Cars Makati and Philtranco Service Enterprises. In addition, he serves as the Vice Chairman of Penta Pacific Realty Corp. and Subic Air Charter Corporation. He is currently the President of Casop Atlas Holding Corporation. He is also the Founder and Chairman of the Philippine-China Business Council Inc. He was elected as director and Chairman of the Company on July 11, 2011.

John Victor R. Antonio

38 years old, Filipino, is the Executive Vice President for Sales and Development. He has been with CPGI for 14 years. He is responsible for the sales, project development, advertising/PR, joint venture relations of projects such as SOHO Central, Grand SOHO Makati and SOMA. He graduated Magna Cum Laude with a Bachelors degree in Economics (major in Marketing) from Wharton School in 1993. He received his Masters Degree in Business Administration also from Wharton School in 2003. He was elected to the Board on July 11, 2011.

Jose Marco R. Antonio

36 years old, Filipino, is the Executive Vice President for Sales and Development. Prior to joining CPGI, he was at Blackstone Real Estate Partners. He has been with the CPI for thirteen years and is responsible for sales, project development, advertising/PR and managing joint venture relations. He graduated Suma Cum Laude with a Bachelors Degree in Economics (major in Finance) from the Wharton School. He received his Masters Degree in Business Administration also from Wharton School in 2004. He was elected as director and President on July 11, 2011.

Jose Roberto R. Antonio

34 years old, Filipino, is presently an Executive Vice-President and the Head of Business Development. He graduated with a Bachelor of Economics from Northwestern University. He obtained his Masters in Business Administration from Stanford University. He recently joined the Company in 2009 after working in a New York based real estate company and completing the condominium “The Centurion” located in midtown Manhattan. He was elected to the Board on July 2011.

Jose Carlo R. Antonio

28 years old, Filipino, is presently the Executive Vice-President for Corporate Planning and Control. Prior to joining the Company in 2007, he was with Citigroup and Goldman Sachs’ investment banking group. He graduated Magna Cum Laude with a Bachelors degree in Economics (major in Finance) from the Wharton School in 2005. He was elected as director and Treasurer on July 11, 2011.

Ricardo P. Cuerva

66 years old, Filipino, is presently the Head of Construction, and a Director of the Company. Mr. Cuerva is a co-founder of Meridien. He was the president of Meridien from 1988 to 1996. He is the current president of Nova Structura Development Group. He is also a member of the Rotary Club of Makati. Mr. Cuerva graduated from San Beda College in 1961, and finished his Masters Degree in Business Administration from Ateneo De Manila in 1971. He was elected to the Board on July 11, 2011.

Rafael G. Yaptinchay

60 years old, Filipino, is presently a member of the Board of Directors and the Head of Planning of the Company. Mr. Yaptinchay is a co-founder of Meridien. He was the president of Meridien from 1996 to 2009. Prior to 1996, he was the Assistant Treasurer of Goldland Regency Estate Inc. from 1989 to 1992, and the Head of Marketing/Corporate Planning of Philippine National Construction Corporation from 1984 to 1988. Prior to 1984, Mr. Yaptinchay worked in CDCP Farms Corp. as General Manager, Philippine National Construction Corp. as Assistant Treasurer, and Sea Trade International as Vice President. He is also a member of the Rotary Club of Ortigas, and Association of Asian Manager. Mr. Yaptinchay graduated from Ateneo de Manila University in 1971, and finished his Masters Degree in Business Administration from Asian Institute of Management in 1974. Mr. Yaptinchay was elected to the Board on July 11, 2011.

Washington Z. Sycip Jr.

90 years old, is the Chinese Filipino founder of the Asian Institute of Management and the founder of Sycip Gorres Velayo and Company. A proud product of the Philippine public school system, Mr. Sycip received numerous praises in the field of accountancy and consultancy and is the 1992 Ramon Magsaysay Awardee for International Understanding. He currently has numerous advisory and consultancy commitments locally and abroad despite his advanced years. Aside from this, he is preoccupied by his many philanthropic projects. Mr. Sycip was elected as an Independent Director on July 11, 2011.

Monico V. Jacob

64 years old, holds a law degree from the Ateneo de Manila University and a Bachelor of Arts degree from Ateneo de Naga. He is at present the President and CEO of STI Education Services Group,a network of over 100 colleges and educational centers nationwide, President and CEO of PhilPlans First Inc., and Philhealth Care Inc. Mr. Jacob was the general manager of the National Housing Authority, and CEO of the Pag-IBIG Fund. Mr. Jacob acted chairman and CEO of Petron Corporation, where he presided over its privatization. Mr. Jacob was also the Chairman and CEO of the Philippine National Oil Company (“PNOC”) and all of its subsidiaries. As CEO of the PNOC, he presided over the privatization of the PNOC Dockyard and Engineering Corporation. Lately, as a partner of the Jacob & Jacob Law firm, he has been heavily involved in corporate recovery work including rehabilitation receiverships and restructuring advisory in the following firms: The Uniwide Group of Companies; ASB Holdings, Inc.; RAMCAR Group of Companies; Atlantic Gulf and Pacific Company of Manila, Inc.; Petrochemicals Corporation of Asia-Pacific; All Asia Capital and Trust Corporation, now known as Advent Capital and Finance Corporation; and Nasi pit Lumber Company, Inc. Mr. Jacob was also a member of the Permanent Rehabilitation Receiver Committee of Philippine Airlines where he was active in policy formulation for corporate recovery. He is a member of the Board of Directors of Total Consolidated Asset Management, Inc., Jollibee Foods, Inc., Mindanao Energy, and Phoenix Petroleum Philippines. Mr. Jacob was elected as Independent Director on July 11, 2011.

Brigida S. Aldeguer

59 years old, Filipino, is the Corporate Secretary of the Company. She is also a Partner of the Angara Abello Concepcion Regala & Cruz Law Offices (“ACCRALAW”). Ms. Aldeguer obtained her degree in AB Political Science from the University of the Philippines and her J.D. in Law from the Ateneo de Manila School of Law in 1991. Before joining ACCRALAW, she was connected with the Philippine Coconut Producers Federation, Inc. (COCOFED) as senior manager for its National Secretariat. Atty. Aldeguer was appointed Corporate Secretary of the Company on August 18, 2006.

Carlos Benedict K. Rivilla IV

39 years old, is presently the Assistant Vice President for Corporate Affairs and the Assistant Corporate Secretary of Century Properties Group. As part of his experience in the business sector, he served as Corporate Compliance Officer and Vice-President for Finance in a corporation engaged in mass media for four years in Cebu City and thereafter in 1998 he handled Corporate Affairs for Century Properties Group and served as Director and Corporate Secretary of various businesses in Makati. He formally joined CPI in 2007. Mr. Rivilla is a graduate of University of San Jose Recoletos. He was appointed as Assistant Corporate Secretary on August 17, 2011.

Domie S. Eduvane

45 years old, Filipino is presently the Senior Vice-President for Legal and Corporate Affairs of Century Properties Group. He obtained his law degree at San Beda College of Law, Manila in 1994. He is a graduate of Far Eastern University, Manila with a Magna Cum Laude degree of Bachelor of Arts Major in Economics. Prior to joining Century Properties Group, he is the Vice-President for Legal and Corporate Affairs and Human Resources Department of Empire East Properties, Inc., an affiliate of Megaworld Corporation. He also worked as Court Attorney with the Court of Appeals, Manila and as Associate Lawyer with Bengzon Zarraga Cudala Liwanag & Jimenez Law Offices as well as Partner of Yrreverre Rondario & Associates Law Office.

Neko Lyree Uson-Cruz

40 years old, Filipino, is the Company’s Compliance Officer. She also serves as the Corporate Information Officer of the Company. Prior to joining the Century Properties Group of Companies, she was formerly a Marketing Assistant for Values Media Inc. and the United Coconut Planters Bank. She obtained her degree in Liberal Arts Major in Public Relations at the Assumption College. Ms. Cruz was appointed Compliance Officer and Corporate Information Officer on November 27, 2008.
rate Information Officer on November 27, 2008

Century Properties Group, Inc. (CPG)

Last Trade Price:	0.0000	Open:	Previous Close (2011-11-08):	1.9900
Change (%Change):	0.0000 0.0000%)	High:	Current P/E:	-0.0876
Value:		Low:	52 week High:	5.6600
Volume:		Avg. Price:	52 week Low:	0.2600

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February 2012