A Brown Company, Inc. Announces Executive and Committee Appointments
June 28, 2018 at 03:44 am EDT
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A Brown Company, Inc. approved appointment of Daniel Winston C. Tan-chi as assistant corporate secretary and Elpidio M. Paras as director. Robertino E. Pizarro appointed as chairman of executive committee and Annabelle P. Brown, Roel Z. Castro, Antonio S. Soriano, Joselito H. Sibayan as members of executive committee. Elpidio M. Paras appointed as chairman of audit committee and Thomas G. Aquino, Antonio S. Soriano appointed as members of audit committee. Elpidio M. Paras appointed as chairman of risk committee and Thomas G. Aquino, Antonio S. Soriano appointed as members of risk committee. Thomas G. Aquino appointed as chairman of compensation committee and Elpidio M. Paras, Robertino E. Pizarro, Roel Z. Castro, Joel A. Bañares as members of compensation committee. Elpidio M. Paras appointed as chairman of Corporate Governance committee and Thomas G. Aquino, Antonio S. Soriano, Joselito H. Sibayan and Joel A. Bañares as members of Corporate Governance committee. Annabelle P. Brown appointed as chairman of Corporate Culture & Values Formation Committee and Thomas G. Aquino, Elpidio M. Paras, Roel Z. Castro as members of members of Corporate Culture & Values Formation Committee. Thomas G. Aquino appointed as chairman of Related Party Transaction Committee and Elpidio M. Paras, Joselito H. Sibayan as members of Related Party Transaction Committee. Thomas G. Aquino was elected as lead independent director.
A Brown Company, Inc. is a property development and investment company. It is engaged in the business of real estate development. Its prime real estate development property is Xavier Estates in Cagayan de Oro City. Its segments include Real estate development, Agricultural, Power and utilities, Holding, and Services. Real estate development segment is engaged in the development of land into commercial and residential subdivision, sale of lots and residential houses and the provision of customer financing for sales. Agricultural segment is engaged in the development of land for palm oil production and sale of palm oil and other palm products including, but not limited to refined bleached deodorized oil, palm olein, crude palm oil, palm stearin, palm acid oil, and palm kernels. Power and utilities segment is engaged in operating power plants and/or purchase, generation, production supply and sale of power. Services segment is a provider of irradiation services for all types of goods.