Century Properties Group, Incorporated (CPGI), formerly East Asia Power Resources Corporation (“EAPRC”), 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. Between May and November 2011, Century Properties Inc. (CPI) entered into a series of transactions with EAPRC, a corporation organized under the laws of the Philippines and listed on the Philippine Stock Exchange, whereby, among other things, CPI acquired 96.99% of EAPRC’s Common Shares and EAPRC acquired all of the subsidiaries of CPI.
Our company has five wholly-owned subsidiaries namely Century City Development Corporation, Century Limitless Corporation, Century Communities Corporation, Century Properties Management and Century Properties Hotel and Leisure Inc. Through these subsidiaries, Century develops, markets and sells residential, office, medical and retail properties in the Philippines, as well as manages residential and commercial properties in the Philippines.
As a member of the Philippine Chapter of the Asia Pacific Real Estate Association, Century Properties is committed to apply industry best practices in the conduct of its business and to continuously work with peers in elevating the standards of the local real estate industry.