Affiliates


1. IRC Properties Inc. formerly: Interport Resources Corporation is majority owned (around 37% as of December 31, 2014) by Mabuhay Holdings Corporation 

IRC Properties Inc., a company listed in the Philippine Stock Exchange, was incorporated on February 24, 1975 primarily to engage in the acquisition, reclamation, development or exploitation of land, forests, minerals, oil, gas and other resources.

The following are the directors and officers elected last Annual Stockholders Meeting on July 29, 2014.

DIRECTORS

 

 

 

1. Esteban G. Peña-Sy

- Chairman/ Director

2. Alexander G. Asuncion

- President/Director

3. Gil Miguel T. Puyat

- Director

4. Roberto V. San Jose

- Director

5. Georgina A. Monsod

- Director

6. Frisco F. San Juan

- Director

7. Wong Peng Chong

- Director

8. Kong Muk Yin

- Director

9. Steven G. Virata

- Director

10. Rodrigo B. Supena

- Independent Director

11. Antonio V. Syyap

- Independent Director 

 

 

OFFICERS

 

 

 

1. Esteban G. Peña-Sy

- Chairman/ CEO

2. Alexander G. Asuncion

- President

3. Georgina A. Monsod

- Treasurer/EVP/Compliance Officer

4. Araceli C. Molina

- Asst. Treasurer/SVP/CFO/Compliance Officer

5. Delfin P. Angcao

- Corporate Secretary/Corp. Info. Officer

 

2. Tagaytay Properties and Holdings Corporation (TPHC) (26.04%-owned by MHC)

TPHC is a real estate company established and registered with the SEC on April 13, 1998. TPHC owns a 9.8 high potential and strategically-located land in Barangay San Jose, Tagaytay City. This property is envisioned for the development into a high class residential and leisure resort subdivision. There is also a proposal to develop part of the property into a high end-retirement home project. TPHC also owns a 4.2 hectare property located at Barangay Kaybagal, Tagyatay City.

 

TPHC's Board is composed of:
1. Esteban G. Peña-Sy - Chairman/ Director
2. Roberto V. San Jose - Director
3. Delfin P. Angcao - Corp. Secretary/ Director
4. Araceli C. Molina - Treasurer/ Director



3. The Taal Company, Inc. (TTCI) (29.97%-owned by MHC)

The Taal Company, Inc. (TTCI), incorporated on August 29, 1990, is a real estate company with property holdings in several parts of the Batangas province including Mataas na Kahoy, Cuenca and Bugaan East, Laurel. All these properties are located around Taal Lake and command excellent views over the scenic volcano lagoon.

TTCI’s Board is composed of:
1. Esteban G. Peña-Sy - Chairman/ Director
2. Roberto V. San Jose - Director
3. Delfin P. Angcao - Corp. Secretary/ Director
4. Araceli C. Molina - Treasurer/ Director



4. The Angeles Corporation (TAC) (38.46%-owned by MHC)

The Angeles Corporation is an investment company incorporated on October 14, 1994. The bulk of its assets is invested in shares of the Prosperity Taxi Cab Corporation (PTCC).

TAC’s Board is composed of:
1. Esteban G. Peña-Sy - Chairman/ Director
2. Roberto V. San Jose - Director
3. Delfin P. Angcao - Corp. Secretary/ Director
4. Araceli C. Molina - Treasurer/ Director



5. Mindanao Appreciation Corporation (MAC) (28.51%-owned by MHC)

Mindanao Appreciation Corporation is an investment Company, incorporated and registered with the SEC on November 21, 1991. Most of its assets are invested in shares of Mabuhay Holdings Corporation and The Taal Company, Inc. 

MAC’s Board is composed of:
1. Esteban G. Peña-Sy - Chairman/ Director
2. Roberto V. San Jose - Director
3. Delfin P. Angcao - Corp. Secretary/ Director
4. Araceli C. Molina - Treasurer/ Director



6. M & M Holdings Corporation (M&MHC) (100%-owned by the Registrant)

M & M Holdings Corporation, registered with the SEC on April 21, 1995, is a holding company engaged in the business of acquiring and disposing of interests in real properties, marketable securities and shares of stocks, and other investment ventures. In 1997, M&MHC disposed of its controlling interest in Magellan Capital Holdings Corporation (MCHC) which operated power plants in the Visayan region.

M&MHC’s Board is composed of:
1. Rolando M. Zosa - Chairman/Director
2. Roberto V. San Jose - President/Director
3. Delfin P. Angcao - Corp. Secretary/Director
4. Araceli C. Molina - Treasurer/Director
5. Mel A. Macaraeg - Director



7. T & M Holdings, Inc. (T&MHI) (100%-owned by MHC)

T & M Holdings, Inc. (T&MHI) which was registered with the Securities and Exchange on November 10, 1995, is a holding company engaged in investments in real properties, marketable securities and stocks of other companies, domestic or foreign. Currently, it has a 40.07% stake in Interport Resources Corporation (IRC) which is listed in the Philippine Stock Exchange.

T&MHI’s Board is composed of:
1. Esteban G. Peña-Sy - Chairman/ Director
2. Roberto V. San Jose - Director
3. Delfin P. Angcao - Corp. Secretary/ Director
4. Araceli C. Molina - Treasurer/ Director

 

8. Intrinsic Value Management Ltd. (Phils.)Co., Inc.

Intrinsic Value Management Ltd. (Phils.) Co., Inc. (IVMLPCI) was registered in SEC on November 2, 1990.

IVMLPCI's Board is composed of:
1. Lee Seng Chay - Chairman/ Director
2. Roberto V. San Jose  - Director
3. Araceli Molina -Treasurer/ Director
4. Delfin P. Angcao -Corp. Secretary/ Director

 

9. South China Holdings Corporation

South China Holdings Corporation (SCHC) was registered in SEC on May 6, 1994.

SCHC’s Board is composed of:
1. Lee Seng Chay - Chairman/ Director
2. Roberto V. San Jose  - Director
3. Araceli Molina -Treasurer/ Director
4. Delfin P. Angcao -Corp. Secretary/ Director

 

10. Philippine Strategic International Holdings, Inc.

Philippine Strategic International Holdings, Inc. (PSIHI) was registered in SEC on May 24, 1994.

PSIHI’s Board is composed of:
1. Esteban G. Peña-Sy - Chairman/ Director
2. Roberto V. San Jose - Director
3. Delfin P. Angcao - Corp. Secretary/ Director
4. Araceli C. Molina - Treasurer/ Director