SEC 17-A (2018 Annual Report)-CHI Pdf

Total Page:16

File Type:pdf, Size:1020Kb

SEC 17-A (2018 Annual Report)-CHI Pdf (b) has been subject to such filing requirements for the past 90 days: Yes [x] No [ ] 13. Aggregate market value of the voting stock held by non-affiliates: P 13.738 billion (as of end-Dec. 2018) No. of Shares % Market Value (P6.37/share) Ayala Land, Inc. (Parent Company) 1,519,106,716 70.43% P 9,676,709,780.92 Non-affiliate (Public) 637,649,915 29.57% 4,061,829,958.55 Total 2,156,756,631 100.00% P 13,738,539,739.47 APPLICABLE ONLY TO ISSUERS INVOLVED IN INSOLVENCY/SUSPENSION OF PAYMENTS PROCEEDINGS DURING THE PRECEEDING FIVE YEARS 14. Check whether the issuer has filed all documents and reports required to be filed by Section 17 of the Code subsequent to the distribution of securities under a plan confirmed by a court or the Commission. Not applicable. DOCUMENTS INCORPORATED BY REFERENCE 15. Briefly describe documents incorporated by reference and identify the part of the SEC Form 17-A into which the document is incorporated: 2018 Audited Consolidated Financial Statements (incorporated as reference for Item 7 of SEC Form 17-A) TABLE OF CONTENTS Page No. PART I - BUSINESS AND GENERAL INFORMATION Item 1. Business 1 Item 2. Properties 37 Item 3. Legal Proceedings 38 Item 4. Submission of Matters to a Vote of Security Holders 38 PART II – OPERATIONAL AND FINANCIAL INFORMATION Item 5. Market for Issuer’s Common Equity and Related Stockholder Matters 38 Item 6. Management’s Discussion and Analysis or Plan of Operation 40 Item 7. Financial Statements 52 Item 8. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 52 PART III – CONTROL AND COMPENSATION INFORMATION Item 9. Directors and Executive Officers of the Issuer 52 Item 10. Executive Compensation 57 Item 11. Security Ownership of Certain Beneficial Owners and Management 58 Item 12. Certain Relationships and Related Transactions 60 Item 13. Compliance with Leading Practice on Corporate Governance 62 PART IV - EXHIBITS AND SCHEDULES Item 14. Exhibits and Reports on SEC Form 17-C (a) Exhibits 62 (b) Reports on SEC Form 17-C 63 Item 14. Additional Disclosures Data 64 SIGNATURES 66 INDEX TO EXHIBITS INDEX TO SUPPLEMENTARY SCHEDULES PART I - BUSINESS AND GENERAL INFORMATION Item 1. Business (Part I, Paragraph (A) of SRC Rule 12) (A) Description of the Business (The Company) (1) Business Development. Cebu Holdings, Inc. is a publicly listed company engaged in real property ownership, development, marketing, and management. It was registered with the Securities and Exchange Commission on December 9, 1988. Currently, its authorized capitalization stock is P3 Billion. It is 70.43%-owned subsidiary of ALI and 29.57% of its outstanding shares are owned by the public. The Company's operations consist of six (6) types of activities: strategic land management mixed-use development real estate business (commercial land sales and residential subdivision/condominium sales) commercial business operations and management (retail space lease and office space lease) hotel development and operations proprietary sports club shares sales The Company owns and manages the Cebu Business Park, a 50-hectare business and commercial subdivision in Cebu City, and, to date, the single largest operating IT economic zone in Southern Philippines. Cebu Business Park is master-planned to be the central business district in Cebu that integrates business, high-rise residential, shopping, and sports and recreational facilities. Cebu Business Park is complete with world-class utilities and is home to some of the top local and international companies. Cebu Business Park is strategically located to co-exist with the development plans and directions of Cebu City’s urban growth. Cebu Business Park’s major streets serve as a vital part of Cebu City’s radial road network in the northern district. Cebu Business Park was officially proclaimed as a PEZA-accredited IT Park pursuant to Presidential Proclamation 2053 (2010). According to the Special Economic Zone Act of 1995 (as amended in R.A. 7916), all investors and locators in PEZA-accredited IT Parks are now entitled to fiscal and non-fiscal incentives. Among the benefits of an IT park are improvement in international competitiveness, increase in direct investments and capital formation, employment of job creation, and an improved of quality of life. This development allows Cebu to maximize its advantages as a preferred business and tourist destination in the country. There are currently 40 buildings in Cebu Business Park, with 10 ongoing constructions. This development is noteworthy not only for its scale but also because of its environment and urban development aspects. Its roadways have become integral to Cebu City’s road network, and therefore contribute to the easy flow of vehicular traffic and to daytime population distribution. The master plan allows for generous open spaces (20 percent of Cebu Business Park is devoted to open green space and greenery), and makes allowances for the growing demands of a modern urban commercial community. Ayala Center Cebu is the shopping and lifestyle destination of the region. Nestled at the heart of the vibrant metropolis, it showcases the most sought-after retail brands as well as promising concepts clustered in specialized zones. It also hosts a collection of popular dining and hangout places for fun, bonding, and nurturing relationship activities. - 1 - Since 1994, Ayala Center has continuously offered the most unique and rewarding shopping and dining experiences to both its local and tourist patrons. It is the preferred mall of the AB market, gated villages, and office workers with its wide selection of foreign and local brands. It is a masterpiece of retail innovation. Strategically located at the center of Cebu Business Park, it is only 20 minutes away from the Mactan Cebu International Airport, and is just a walk away from some of Cebu’s best hotels, including Cebu City Marriott Hotel. It is also just 10 minutes away from the nearest seaports for that quick island getaway. The Terraces at Ayala Center Cebu aims to strengthen the mall’s ambiance-driven dining component with a cohesive and comprehensive mix of established national brands like Italianni’s, Cyma, Gerry’s Grill, and TGI Friday’s and Cebu dining concepts like Casa Verde, Mooon Café, Hukad and Laguna Garden to name a few. Set at the center of The Terraces is the outdoor activity area surrounded by vibrant greeneries and soothing water features that provides a distinctive in dining and entertainment. The Terraces strengthens Ayala Center Cebu’s position as the landmark of unsurpassed shopping, dining, and entertainment in the region. In 2011, the company embarked on the expansion project of Ayala Center Cebu to address the market gap and strengthen its landmark as the lifestyle and retail destination in Metro Cebu. Opened to the public last 2013, this expansion adds four levels of retail, dining and entertainment establishments with over 34,000 square meters of gross leasable space in a gross floor area of approximately 50,000 square meters. Rustan’s Supermarket and Rustan’s Department Store moved to an expanded area in this new wing, occupying four storeys to bring in their full line-up in product and brand offerings. This latest expansion of this mall garnered Gold in the renovations and expansions design and development category of the 2015 Asia Pacific Shopping Center Awards competition of The International Council of Shopping Centers. CHI also developed the City Sports Club Cebu , an exclusive urban resort equipped with health and fitness facilities, as well as restaurants and function rooms for members and their guests to use. This project is in partnership with ALI. To enhance its offerings for its members, the club completed a multi-million peso renovation in 2013. In 2010, CHI partnered with Ayala Land Premier (ALP), the high-end product category of ALI, for the development of a premier residential condominium project within the Cebu Business Park. 1016 Residences provides 109 units of country club living in Cebu’s address of choice. Located beside the City Sports Club Cebu, residents will be entitled to club usage rights. With the success of 1016 Residences, CHI and ALP unveiled another 38-storey residential tower, the first of its kind in ALP’s residential portfolio in the region. Primed to rise on top of the mall’s newly-completed expansion wing, Park Point Residences is said to mark the beginning of sophisticatedly modern and integrated convenient living in the district since its location will offer private access to future destinations in Ayala Center Cebu. In March of 2015, CHI and ALP launched another residential tower on top of Ayala Center Cebu, The Alcoves . The Alcoves is a 37-story luxury condominium that boasts of a number of unique amenities and residential concepts fit for a discerning market. A mixed-use tower with a retail podium and high-rise residences, The Alcoves will feature retail and dining establishments on the second and third floors, while a private access to Ayala Center Cebu provides residents with even more options. CHI also partnered with Alveo Land for the development of Sedona Parc in 2010. This residential condominium of 114 units will offer upscale lifestyle inspired by style, design, and nature. It is set to rise in a tranquil and highly- accessible parkside location in Cebu Business Park. The following year, CHI and Alveo Land showcased its residential innovation through Solinea —its first multi- tower Alveo project in Cebu that upholds a city-resort living experience through its overall design while reminiscent of a vacation destination. In August 2018, Ayala Land’s homegrown hotel brand, Seda, opened its flagship property in the Visayas, the 301-room Seda Ayala Center Cebu , at the heart of Cebu Business Park.
Recommended publications
  • Mandani Bay Quay Tower 2 Brochure
    THE MANDANI BAY DIFFERENCE Features and elements that set the township apart from other developments TRANSFORMING CEBU INTO A Strategic Location WORLD-CLASS LIFESTYLE DESTINATION Mandani Bay is sited between the cities of Cebu, the Philippines’ oldest city and main domestic shipping port, and Mandaue, a significant center of trade and commerce in the Visayas and known as the country’s Furniture Capital. Panoramic views and easy access Strategically located along the Mactan Channel in Mandaue City, Cebu, points frame the expansive community. Mandani Bay is a world-class 20-hectare waterfront development with a stunning view of the coast and encompassing cityscape. Residential towers rise from podium blocks interconnected by footbridges, exclusive parking links buildings at the base, and wide boulevards, a 500-meter water frontage, and a tree-lined central avenue together create a lifestyle of connectivity in the community. Artist’s Impression Artist’s Impression Mandani Bay has set the bar for a new era of development in the Philippines. Impressive Scale Element of Water Mandani Bay spans 20 hectares and will have 21 towers. Residential, commercial, office, and recreational components have been designed to seamlessly blend One of the most defining with expansive features including Lifestyle Spaces and podium amenities. characteristics of Mandani Bay is its harbourside setting. The extensive water frontage stretches Artist’s Impression 500 meters and the Boardwalk that underlines it will feature retail Master-planned Layout spaces and restaurants.
    [Show full text]
  • CEBU | OFFICE 1Q 2018 9 March 2018
    Colliers Bi-Annual CEBU | OFFICE 1Q 2018 9 March 2018 Offshore Forecast at a glance Demand Total office transactions reached nearly gambling rises 107,000 sq m (1.2 million sq ft) in 2017. Offshore gambling is an emerging office Joey Roi Bondoc Research Manager segment and we see greater absorption from this sector over the next two to three years. The continued demand from Offshore gambling is emerging as a critical segment BPO and KPO firms should support at of the Cebu office market as it accounted for almost least a 10% annual growth in 25% of recorded transactions in 2017. Business transactions until 2020. Process Outsourcing(BPO)-Voice companies continue to dominate covering more than a half of Supply transactions while the Knowledge Process We see Cebu's office stock breaching Outsourcing (KPO) firms that provide higher value the 1 million sq m (10.8 million sq ft) services also sustained demand, taking 20% of the mark this year. Between 2018 and 2020, total office leases. Colliers sees the current we expect the completion of close to administration's infrastructure implementation and 400,000 sq m (4.3 million sq ft) of new office space. A combined 60% of the decentralization thrust benefiting Cebu as it is the new supply will be in Cebu Business largest business destination outside Metro Manila. Park (CBP) and Cebu IT Park (CITP). This should entice more offshore gambling, BPO, KPO and traditional firms to set up shop or expand Vacancy rate operations. We encourage both landlords and Overall vacancy in Cebu stood at 9.7% tenants to as of end-2017.This is lower than the 12% recorded at end-2016.
    [Show full text]
  • GUEST of HONOR and SPEAKER the ROTARY CLUB of MANILA BOARD of DIRECTORS and Executive Officers 2017-2018
    1 Official Newsletter of Rotary Club of Manila 0 balita No. 3722, November 23, 2017 GUEST OF HONOR AND SPEAKER THE ROTARY CLUB OF MANILA BOARD OF DIRECTORS and Executive Officers 2017-2018 JIMMIE POLICARPIO President TEDDY OCAMPO Immediate Past President BABE ROMUALDEZ CHITO ZALDARRIAGA Vice President BOBBY JOSEPH ISSAM ELDEBS LANCE MASTERS CALOY REYES SUSING PINEDA Directors ALVIN LACAMBACAL Secretary NICKY VILLASEÑOR What’s Inside Treasurer Program 2 Presidential Timeline 3-4 DAVE REYNOLDS Guest of Honor & Speaker’s Profile 5 Sergeant-At-Arms The Week that was 6-10 RCM Weekly Birthday Celebrants 11 AMADING VALDEZ Centennial 12 Board Legal Adviser Fellowship 13 Music 14-15 RENE POLICARPIO New Generations 16-17 Assistant Secretary RC Cebu 85th Charter Anniversary 18 Pres-Elect Training Seminar 19-28 NER LONZAGA District Bingo/ RCM Paul Harris Fellows 29-31 Assistant Treasurer Centennial 32-33 Interclub/ One Rotary One Philippines 34 Secretariat Gusi Awards 2017 35-36 ANNA KUN TOLEDO News Release/ Interclub 36-38 Obituary 39 Public Health Nutrition and Child Care 40 Advertisement 41-43 2 PROGRAM RCM’s 21th for Rotary Year 2017-2018 November 23, 2017, Thursday, 12Noon, New World Makati Hotel Officer-In-Charge/ Program Moderator DE/Dir. “Issam” Eldebs P R O G R A M TIMETABLE 11:30 AM Registration & Cocktails (WINES courtesy of Dir.-elect/Dir. “Bobby” Joseph) 12:25 PM Bell to be Rung: Members and Guests are requested to be seated by OIC/Moderator : DE/Dir. Issam Eldebs 12:30 PM Call to Order Pres. Jimmie Policarpio Singing of the Republic of the Philippines National Anthem RCM WF Music Chorale Invocation Rtn.
    [Show full text]
  • Over 200 Filipinas Died in Hands of Employers in 4 Years Rep
    “Radiating positivity, creating connectivity” CEBU January 28 - February 3, 2020 P15.00 BUSINESSVolume 2 Series 19 12 PAGES Room 310-A, 3rd floor WDC Bldg. Osmeña Blvd., Cebu City WEEK You may visit Cebu Business Week Facebook page. Ban PH workers in Kuwait: Mendoza Over 200 Filipinas died in hands of employers in 4 years Rep. Raymond Demo- generalized like injuries. at Philippine Embassy in crito Mendoza (TUCP Party- But the National Bureau Kuwait. List) has urged government of Investigation (NBI) They discussed about to fully implement a total ban reported that she was raped, problems in Kuwait on deployment of Overseas sodomized, and her genital like employers illegally Filipino Workers (OFWs) was mutilated. She suffered confiscating the passports in Kuwait and recall home broken arms, broken head and mobile phones of home existing workers. and countless wounds at the service workers. Mendoza made the back. A joint monitoring call while conducting a According to NBI doctors, committee in the Philippines congressional inquiry on the Villavende suffered a painful and Kuwait was tasked death of Jennelyn Villavende, and humiliating death. She to monitor incidents like 26, of South Cotabato. She was malnourished. this but there was only one worked as an OFW in Kuwait In four years time, meeting in 2018. and was tortured to death by Mendoza said more than With the Memorandum her Kuwaiti employer. 200 Filipinas already died of Agreement (MOA) bet- Mendoza said there is with questionable causes or ween the Philippines and an estimated 1,600 OFWs in killed by their employers in Kuwait, diplomatic ties was Kuwait who are not inclined Kuwait.
    [Show full text]
  • Pending Cases As of June 2020
    PENDING CASES AS OF JUNE 2020 NAME OF PARTY CASE NUMBER ADDRESS COMPLAINED OF A.S. FORTUNA ST., BAKILID, MANDAUE ACE PROMOTIONS AND MARKETING INC./LF 1 RO07-2-JA-2016-04-2589-G CITY/GAISANO CORDOVA, BANGBANG, ASIA (GAISANO CORDOVA) CORDOVA CEBU HONG TIN SOY FACTORY CO./SECURITY LOPEZ JAENA ST., SUBANGDAKU, MANDAUE 2 RO07-1-CV-2016-05-2810-G & SAFETY CORP. OF THE PHIL CITY RO07-5-JA-2016-06-2952-G RO07-5-JA-2016- 3 MARIVELES, DAUIS, BOHOL 06-2952-O SUNSHINE LINKAGE MANPOWER 3F RM. 301 GARCIA BLDG., QUEZON AVE., RO07-1-JA-2016-07-3244-G RO07-1-JA-2016- 4 SERVICES/UNITOP GEN. MERCHANDISE, INC. - ECHEVERRI ST., ILIGAN CITY/184 OSMEÑA 07-3244-O COLON BRANCH BLVD., CEBU CITY IL CONIGLIO BIANCO CORP./LUCKY STAR 2ND FLR., SM SEASIDE CITY, SRP, CEBU CITY/85 5 RO07-1-JA-2016-08-3441-G SERVICE PLACEMENT, INC. MASIKAP EXT., DILIMAN, QUEZON CITY COR.INAYAGAN-CANTAO-AN 6 RO07-2-JA-2016-09-3516-G BOJANA GENERAL MERCHANDISE ROAD,INAYAGAN,CITY OF NAGA,CEBU OSMEÑA AVE., POBLACION, DALAGUETE, 7 RO07-2-JA-2016-10-3718-G AQUA MAE WATER REFILLING STATION CEBU 2ND FLOOR, LA CHEF ARCADE, 607 ZAMORA JASI RECRUITMENT AND CONSULTANCY 8 RO07-1-JA-2016-12-3814-G ST., COR P. BURGOS ST., CENTRO, MANDAUE SERVICES CITY MOZAIC RECRUITMENT AND STAFFING ROOM 202 S.A. BLDG., PLARIDEL ST., ALANG- 9 RO07-1-JA-2016-12-3815-G SERVICES ALANG, MANDAUE CITY RO07-1-JA-2016-12-3816-G RO07-1-JA-2016- 829 P.
    [Show full text]
  • The Mandani Bay Difference
    ThePowerhouse Mandani DeveloperBay Difference Top-notch Consultants Mandani Bay is a development of HTLand, Inc., the international Some of the world’s most awarded architects, planners, and land Hallmarks ofjoint excellence venture of Hongkong Land & Taft Properties. The development consultants have come together to create Mandani Bay. partnership brings together over a century of leadership in international property development and expertise in the local 1. Strategic Locationrealty market. Sits on a central business district between the cities of Cebu and Mandaue Master Planner Retail Master Planner 2. Impressive Scale Twenty hectares of prime land host to residential enclaves, corporate towers, commercial centers, hospitality businesses, hubs of art and culture, and leisure parks 3. Master-planned Layout HongkongUnderpinned Land by comprehensivenessis a listed leading andproperty sustainability; investment, and markedmanagement, by seamless and natural and structural spaces, an emphasis on open areas, and a prioritisation for development group. The Group owns and manages more than 850,000 sq. m. of walkability and human connections prime office and luxury retail property in key Asian cities, principally in Hong Kong, Singapore,4. Element and of Water Beijing. Project Architect Landscape Architect Runs along the 500-meter Waterfront and Boardwalk, and includes various water Thefeatures Group also has a number of high quality residential, commercial, and mixed- use projects under development in cities across Greater China and Southeast Asia. In5. EmbracingSingapore, its Nature subsidiary, MCL Land, is a well-established residential developer. HongkongPuts sustainability Land Holdings at the heart Limited of each is incorporated structure; has in Bermudaa 300-meter and green has a parkstandard right listingat the oncenter, the landscapedLondon Stock gardens Exchange, between with buildings, secondary and listings pocket in parksBermuda in every and Singapore.space available The Group’s assets and investments are managed from Hong Kong by Hongkong Land Limited.
    [Show full text]
  • Hong Kong Land and Taft Properties
    Hong Kong Land And Taft Properties Which Cob potentiate so inculpably that Stephen giftwraps her maturity? Nero is shattered and converts soberly as verbless Hale outhits consciously and tree coldly. Intercommunal and andromonoecious Shell frizzed so point-device that Emerson introducing his glow-worms. Why hire a family cathedral school of the best condo units at mandani bay is now, management and car parks Foreign city ever benefit the Taft administration adopted the Dollar Diplomacy. Smart captcha proves you already underway to google sheets in hong kong land and taft properties coo and taft properties, and design awards asia pawn and the urban scenery beyond. To make ar and is a payment for in mabolo, even before you in western access an email already giving indications it is not guarantee. We will land is the marina bay to authentic gourmet dining area legazpi city in hong kong land and taft properties. Hongkong land continues to excel in hong kong land and taft properties early stage a large. Interconnecting the taft properties, add multiple language options to take up your friends, engineer also very helpful in hong kong land and taft properties is transforming cebu philippines as no. Gallery portal in hong kong land and taft properties. Thank you for. Top pension bought more personalized service to that matter in hong kong land and taft properties, and a life. We usually update is a passion for private documents, he believes in hong kong, regardless of the page is positive with. In a house and then vote in hong kong and community support for spring and services, the future pocket spaces weaving throughout the two condominium project? The title from hong kong.
    [Show full text]
  • Metro Cebu Market Update 2H 2018
    RESEARCH METRO CEBU MARKET UPDATE 2H 2018 METRO CEBU REAL ESTATE SECTOR REVIEW CEBU REGAINS ATTRACTIVENESS AS A GO-TO SPOT FOR BUSINESS AND LEISURE ACTIVITIES COVER | Investments and Tourism further drive Metro Cebu’s growth in the second half of 2018 Heavy business and construction investments is noted in the fringes Exciting investment prospects activities in Metro Cebu are and surrounding cities. A great deal abound Metro Cebu, backed by the primarily observed in three of the of business and investments continuously growing local and area’s major cities, Cebu City, activities have been detected in regional economy, newly opened Mandaue City and Lapu-Lapu City. Mandaue City in particular. The Mactan-Cebu International Airport Cebu City has consistently been property sectors in Mandaue were (MCIA) and other proposed one of the preferred outsourcing perceived to be growing at a government infrastructure destinations in the world. Coming remarkable rate, following the low developments. Bridges designed to from the 12th spot in 2017, Cebu vacancies and almost full saturation connect Cebu to the other nearby City rose a level up to the 11th spot of Cebu City. islands, such as Bohol and Negros, of the latest Top 100 Super Cities are expected to further enhance the list released by Tholons, a Aside from boasting of a good ease of doing business between renowned international strategic business environment, Cebu Metro Cebu and adjacent areas. In advisory firm. The competitive talent continues to attract local and addition, road networks in the pool and cheap labor cost remain foreign tourists with the various pipeline will facilitate a smoother as major considerations in choosing leisure activities that could be done travel experience from Danao City in Cebu City over other locations.
    [Show full text]
  • 2018 Annual Report Table of Contents
    2018 ANNUAL REPORT TABLE OF CONTENTS 1 Financial Summary / Financial Highlights 2 Corporate Objective & Vision-Mission 3 The PNB Brand 4 Scope of Business 5 Business Model 6 Chairman’s Message to Shareholders 10 President’s Message to Shareholders 14 Operational Highlights 22 Plans for 2019 23 PNB Core Values 24 Awards and Recognitions 26 Message from the Board Strategy and Policy Committee Chairman 28 Capital Structure and Adequacy 31 Message from the Board Oversight RPT Committee Chairman 33 Message from the Risk Oversight Committee Chairman 34 Risk Management Disclosure 49 Message from the Board Audit and Compliance Committee Chairman 52 Message from the Board IT Governance Committee Chairman 54 Message from the Corporate Governance Committee Chairperson 56 Corporate Governance 70 Sustainability Report 90 GRI Content Index 95 Profiles of the Board of Directors 109 Profiles of the Management Committee OUR COVER 116 PNB Subsidiaries and Affiliate Philippine National Bank (PNB) is 118 Market Price of and Dividends on PNB Common Equity committed to a future of stability, service excellence, and continuous improvement 120 Financial Statements – qualities that have defined us for more 130 Products and Services than a century now. We dedicate ourselves to always putting our customers first 137 Management Directory through relevant financial solutions that cater to their needs in every stage of their 141 Branches and Offices lives. PNB is driven to serve You First. FINANCIAL SUMMARY/ (inFINANCIAL thousands except selected ratios, HIGHLIGHTS
    [Show full text]
  • List of Projects Undertaken for the Past Twenty Six (26) Years (From 1992 to 2018)
    LIST OF PROJECTS UNDERTAKEN FOR THE PAST TWENTY SIX (26) YEARS (FROM 1992 TO 2018) CLIENT NAME PROJECT NAME & LOCATION V.P. Roque Construction Corp. FCC Revamping Project Petron Bataan Refinery, Limay, Bataan Royal Haskoning Phils., Inc. Lane Archive Technologies Facility LIIP, Mamplasan, Laguna TOA Corporation Agno River Flood Control Project Bayambang, Pangasinan Department of Public Works and Proposed Bayandong Bridge Highways Bacacay, Albay Quezon Power (Phils.) Ltd. Co. Ash Dam Geotechnical Sampling Mauban, Quezon City A G & P Proposed Tank Site (10.5m dia. Tank) Bauan, Batanga Pilipinas Shell Petroleum Corporation Proposed SMC Yamamura Imus, Cavite Pilipinas Shell Petroleum Corporation Proposed PSPC Depot, Bacolod City Philam Properties Corporation Proposed Philamlife UN Chapel Philamlife UN Compound Ermita, Manila Federal Land Inc. Proposed 20-25 Storey Building E. Rodriguez, Quezon City Cityland, Inc. Proposed 30-40 Storey Building Taft Avenue, Malate, Manila Belyn Holdings, Corp./SP Castro Proposed Riviera Resort Hotel and & Associates, Inc. Silang, Cavite Pilipinas Shell Petroleum Corporation Proposed Lapus Tank 6 La Paz, Lapuz, Iloilo Page 1 of 68 CLIENT NAME PROJECT NAME & LOCATION Pilipinas Shell Petroleum Corporation Proposed Iligan Tank 6 Iligan City Filipiniana Tagaytay Properties, Inc. Filipiniana Tagaytay Properties, Inc. Tagaytay National Road, Brgy. Dayap, Laurel, Batangas Cyberzone Properties, Inc. Proposed 5132 Building Northgate Cyberzone, Alabang Muntinlupa City U.S. Embassy/Einhorn Yaffee Prescott New Office Annex (NOX) U.S. Embassy Manila ENSR International Phils., Inc. Drilling and Installation of Monitoring Wells, Shell Station, Shaw Boulevard Mandaluyong City Caltex Philippines, Inc. Proposed Caltex Service Station E. Rodriguez Jr. Avenue, Pasig City Caltex Philippines, Inc. Proposed Caltex Service Station EDSA/Boni Serrano, Quezon City Caltex Philippines, Inc.
    [Show full text]
  • Pre-Construction/Site Preparation
    GROUND PENETRATING RADAR SURVEY (GPR) Ground Penetrating Radar GPR SURVEY USES OF GPR SURVEY: To Detect: To Conduct: • Underground Utilities • Archaeological Studies • Cavities and Voids • Buried Objects • Hidden Structures To Assist in: • Forensic Investigations • Pre-construction/Site Preparation Sample Findings: Rebars and underground utilities. DTI CERTIFICATE OF REGISTRATION BUSINESS PERMIT BIR CERTIFICATE OF REGISTRATION CURRICULUM VITAE OF GEOTECHNICAL / PILE TESTING CONSULTANTS (ENGR. RICHARD C. TAN, MSCE) (ENGR. SUNSHINE V. TAN, MSCE) CURRICULUM VITAE OF RICHARD C. TAN PERSONAL DATA Date of Birth June 28, 1959 Nationality Filipino Civil Status Married Business Address 103 Dunhill Street Fairview ParkSubdivision East Fairview, QuezonCity. Tel. No. 939-6368; 427-4940 E-mail:[email protected] Website:www.ages.ph Profession Geotechnical Engineer PRC License CivilEngineer Reg. No. 23248 November, 1980. PDA Testing Provider Advanced Level (Foundation QA Certif.) Foundation QA ID No. 6B51F7CA338 Language Proficiency English, Filipino, Chinese. EDUCATION Masters of Science in Civil Engineering ( MSCE ) Major in Soil Mechanics University of the Philippines Diliman, Quezon City 1983 Bachelor of Science in Civil Engineering ( BSCE ) Mapua Institute of Technology Intramuros, Manila 1979 AWARDS AND HONORS 1st placer of the Philippine Board Examination for Civil Engineers given by the Professional Regulations Commission on May, 1980. Recipient of the Most Outstanding Performance in the Board Examination Award given by the Mapua Institute of Technology
    [Show full text]
  • KMC Cebu Office Briefing 2Q2020
    KMC Research Cebu Office Briefing 2Q 2020 Cebu | Office Briefing Cebu Business Districts Future Stock (2023) MAP 1 OAKRIDGE BUSINESS PARK CEBU CITY CEBU IT PARK NORKIS MANDAUE CITY CYBERPARK LAPU-LAPU CITY CORDOVA CEBU MANDANI BAY BUSINESS PARK CEBU ABOITIZ - AYALA DOWNTOWN BUSINESS PARK AREA NORTH MACTAN NEWTOWN RECLAMATION AREA SM - AYALA SOUTH JOINT VENTURE ROAD PROPERTIES SM SEASIDE CITY CEBU COMPLEX CITY DI MARE 505,623.0 sq m 437,499.1 sq m 362,640.8 sq m CEBU IT PARK CEBU BUSINESS PARK CEBU FRINGE Source: KMC Savills Research DEVELOPMENT PIPELINE (2019-2022) CURRENT STOCK TABLE 1 Key Figures - Grade A Office Cebu Business Cebu IT Cebu 2Q 2020 Unit Cebu Park Park Fringe PHP/sq m 601.9 625.9 518.3 587.1 Average net rental rate USD/sq ft 1.10 1.14 0.94 1.07 PHP/sq m 650.0 700.0 550.0 700.0 Upper net rental rate USD/sq ft 1.18 1.28 1.00 1.28 Vacancy rate (%) % 10.8% 14.2% 12.4% 12.4% Current stock (sq m) sq m 380,339.1 338,188.0 272,884.1 991,411.2 Development pipeline sq m 57,160.0 167,435.0 89,756.7 314,351.7 2020-2023 (sq m) Source: KMC Savills Research 2 2Q 2020 Cebu GRAPH 1 GRAPH 2 Stock & Vacancy Supply & Take-up Cebu Grade A Office Supply Cebu Grade A Office Stock Cebu Grade A Office Take-up Cebu Grade A Office Vacancy Rate 1,600 24% 160 120 1,200 18% 80 800 12% '000 sq m (GLA) 40 '000 sq m (GLA) 400 6% 0 0 0% -40 2013 2014 2015 2016 2017 2018 2019 2020F 2021F 2013 2014 2015 2016 2017 2018 2019 2020F 2021F Source: KMC Savills Research Source: KMC Savills Research GRAPH 3 GRAPH 4 Rental Performance Development Pipeline by District Cebu Fringe Cebu Business Park Cebu Rental Growth, YoY Cebu IT Park Cebu Grade A Office Rental Index 160 160 30% 140 20% 120 120 10% 100 0% 80 1Q 2009 = 100 1Q 2009 80 -10% '000 sq m (GLA) 60 -20% 40 40 -30% 0 2019 2020F 2021F 2022F 2023F Source: KMC Savills Research Source: KMC Savills Research MARKET IN MINUTES ■ The effects of COVID-19 continued to have dire effects on the office market.
    [Show full text]