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Suntrust Home Developers, Inc.

Company Description
Suntrust Home Developers, Inc. (SUN) was incorporated on January 18, 1956 under the name Ramie Textiles, Inc. to engage in the manufacturing and sale of all types of ramie products. In 2002, the Company changed its name from Fairmont Holdings to the present one. The said change came hand in hand with a corresponding shift in SUN's primary purpose from a holding company to a real estate company authorized to engage in real estate development. On June 17, 2020, the Securities and Exchange Commission approved the amendments to SUN's primary and secondary purposes from that of a real estate company to a tourism-oriented company authorized to engage in tourism-related businesses.

On October 28, 2019, SUN entered into a co-development agreement with Westside City Resorts World, Inc. wherein the Company shall finance the development and construction costs for, and would be appointed as the exclusive operator and manager of the operations of Main Hotel Casino located at Manila Bayshore Integrated City, Paranaque City.

The Company has two wholly-owned subsidiaries in Hong Kong and Macau, namely SWC Project Management Limited and WC Project Management Limited, respectively. Both subsidiaries are engaged in providing project management services.

Source: SEC Form 17-A (2020)
Security Information
Sector Property
Subsector Property
Corporate Life 50
Incorporation Date Jan 18, 1956
Number of Directors 11
Stockholders' Meeting as per By-Laws October - last Tuesday
Fiscal Year 12/31 (Month/Day)
External Auditor Punongbayan & Araullo
Transfer Agent BDO Unibank, Inc. - Trust and Investments Group
Contact Information
Business Address 26th Floor, Alliance Global Tower, 36th Street cor. 11th Avenue, Uptown Bonifacio, Taguig City
E-mail Address [email protected]
Telephone Number (632) 8894-6300
Fax Number
Website http://www.suntrusthomedev.com