About Shang Properties, Inc. (SPI)

Shang Properties, Inc. (SHNG) was first incorporated on October 21, 1987 under the name Shangri-La Properties, Inc. (SLPI) to acquire, own, develop, subdivide, sell, mortgage, exchange, lease or hold for investment, real estate of all kinds. The Company changed its corporate name from SLPI to Edsa Properties Holdings, Inc. to the present one. The Company was listed on the Philippine Stock Exchange in 1991. The Company's core businesses are office and retail leasing and residential development. SHNG owns and operates Shangri-La Plaza mall and also holds a 70% share in KSA Realty Corporation, which in turn, owns The Enterprise Center. SHNG also currently holds a 60% stake in Shangri-La at the Fort. SHNG entered the residential condominium market in 2002 and has since expanded its residential portfolio with high rise condominium projects in prime locations with a combined total of almost 7,000 units. Completed projects include The Shang Grand Tower, The St. Francis Shangri-La Place, One Shangri-La Place, Shang Salcedo Place, and Horizon Homes. SHNG's significant and active subsidiaries include Shangri-La Plaza Corporation; SPI Parking Services, Inc.; Shang Properties Realty Corporation; Shang Global City Holdings, Inc.; Shang Fort Bonifacio Holdings, Inc.; Shang Property Management Services Corporation; Shang Property Developers, Inc.; Shang Global City Properties, Inc., The Rise Development Company, Inc., and Shang Wack Wack Properties, Inc. The Company and its subsidiaries are engaged in property investment and development, real estate management, leasing, mall and carpark operations.