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Araneta Properties, Inc.
Araneta Properties, Inc. (ARA) was originally incorporated on June 15, 1988 as Integrated Chrome Corporation (INCHROME) with the principal business of mining chrome ore and producing ferro silicon metal, commonly known as ferrochrome. INCHROME stopped its smelter operations in January 1996. Soon after, in September 1996, the Company changed its corporate name to the present one as well as its primary purpose of business to land and property development, maintaining the smelter operations as a secondary purpose. On November 29, 2019, ARA entered into an agreement with Sta. Lucia Land, Inc. (SLI) to develop a parcel of land owned by the Company. Under the agreement, SLI will develop the parcel of land into a residential subdivision with complete facilities and amenities, upon turnover of the property and upon securing required clearance and permit to develop, and in which the property shall be free and clean from any lien and encumbrance. Source: SEC Form 17-A (2022) |
Sector | Property |
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Subsector | Property |
Corporate Life | 50 |
Incorporation Date | Jun 15, 1988 |
Number of Directors | 9 |
Stockholders' Meeting as per By-Laws | September - Third Week |
Fiscal Year | 12/31 (Month/Day) |
External Auditor | SyCip, Gorres, Velayo & Company |
Transfer Agent | Union Bank of the Philippines - Stock Transfer Unit |
Business Address | 21/F Citibank Tower, Paseo de Roxas cor. Valero St., Salcedo Village, Makati City |
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E-mail Address | [email protected] |
Telephone Number | 848-1501 to 04 |
Fax Number | 848-1495 |
Website | http://www.aranetaproperties.com |