Shang Properties, Inc. Declares Cash Dividend, Payable on or Before April 16, 2021
March 25, 2021 at 12:01 am EDT
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Shang Properties, Inc. announced declaration of PHP 0.08 per share cash dividend to all shareholders of record as of 9 April 2021, to be taken from the unrestricted retained earnings as reflected in the unaudited financial statements of the Issuer as of 31 December 2020 to be paid on or before 16 April 2021.
Shang Properties, Inc. is a Philippines-based investment holding company engaged in property investment and development, real estate management, office and retail leasing, mall, carpark and hotel operations. The Companyâs subsidiaries include Shangri-La Plaza Corporation, which invests, purchases, owns, holds, leases and operates the Shangri-La Plaza Shopping Complex located at Mandaluyong City, Philippines; The Shang Properties Realty Corporation, which is an owner and developer of The St. Francis Shangri-La Place and ShangriLa Place; KSA Realty Corporation, which is a realty development company owns The Enterprise Center; Shang Property Developers, Inc., which is a realty development company owns and develops Shang Salcedo Place; Shang Wack Wack Properties, Inc., which is developing the Shang Residences at Wack Wack project located at Wack Wack Road, Mandaluyong City., and SPI Property Holdings, Inc. which develops a residential condominium project located in Canley Road, Pasig City.