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Araneta Properties, Inc.

Company Description
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 Araneta Properties, Inc. as well as its primary purpose of business to land and property development, maintaining the smelter operations as a secondary purpose.

On June 5, 2003, ARA signed a joint venture agreement with Sta. Lucia Realty and Development, Inc. to develop the Company's 2,364,082 square meters property being described in the master plan which consists of Class A Residential and Commercial Subdivision with a Country Club.

The Company's existing smelting plant is located in a five-hectare land in Misamis Oriental. The land on which the smelting plant is built is only part of the 17.3 hectare of industrial/residential land.

Source: SEC Form 17-A (2019)
Security Information
Sector Property
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
Contact Information
Business Address 21/F Citibank Tower, Paseo de Roxas cor. Valero St., Salcedo Village, Makati City
E-mail Address
Telephone Number 848-1501 to 04
Fax Number 848-1495