Araneta Properties, Inc. Announces Committee Appointments
October 19, 2023 at 08:31 pm EDT
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Araneta Properties, Inc. announced that at its organizational meeting of the Board of Directors held on October 19, 2023, the following were appointed as members of the various committees: Audit Committee: Chairman: Lazaro Madara, Gregorio Ma. Araneta III, Crisanto Roy B. Alcid; Nomination Committee: Chairman: Lazaro Madara, Gregorio Ma. Araneta III, Crisanto Roy B. Alcid; Remuneration Committee: Chairman: Lazaro Madara, Luis M. Araneta, Gregorio Ma.
Araneta Properties, Inc. is a Philippines-based real estate development company. The Company is engaged in the acquisition, owning, holding, developing, improving, subdividing, selling, leasing, renting, mortgaging, managing, and dealing in real estate for residential, commercial, industrial, and recreational purposes. The Company is also involved in constructing and developing any real estate or other properties, buildings, hotels, recreation facilities. The Company's property portfolio includes San Jose del Monte, Bulacan Property and ManticaoMisamis Oriental Property. The San Jose del Monte, Bulacan Property comprises approximately 2,364,082 square meters of prime land, which is located in Barrio Tungkong Mangga, San Jose del Monte, Bulacan. The ManticaoMisamis Oriental Property consists of approximately 17.3 hectares of residential land, located along the national highway from Cagayan de Oro City to Iligan City and within the Poblacion of Barrio Patag, Manticao, Misamis Oriental.