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The investments of the Kuok Group in the Philippines include all the Shangri-La hotels and resorts in the country and Shang Properties, Inc. (“SPI”), which is the local property development arm of the group with core businesses in upscale office and retail leasing and residential development. Shang Properties, Inc., is the product of the merger of Edsa Properties Holdings, Inc. (EPHI) and Kuok Philippine Properties, Inc. (KPPI). The consolidation of ownership and management of EPHI and KPPI was completed in 2007. Under the terms of the merger, EPHI was the surviving entity and assumed all the obligations and undertakings of KPPI, the absorbed entity. The merger resulted in increased financial strength through pooling of resources, increased operating economies and reduction of expenses; created a wider shareholder base and delivered higher share prices; and allowed EPHI to broaden its product offering as now had a free hand in utilizing KPPI’s prime properties. The combined entity is what is now known as Shang Properties, Inc.
Shang Properties is committed to be the leading developer and manager of prime properties in the Philippines.
Fostering fair treatment and mutual respect Upholding good corporate citizenship Empowering people to attain their full potential Leading through product innovation Delighting with excellent service