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News and Events

Financial Adviser: 5 Things to Know About Antonio Tiu's Acquisition of IRC Properties and How to Profit from It

Tiu's group plans to transform IRC from a real estate developer into an infrastructure investment company

IRC Properties, Inc (PSE: IRC) has recently disclosed to the Philippine Stock Exchange that a group of investors led by Antonio Tiu is acquiring majority control of the company to invest in a mass transport business.The acquisition, which is essentially a backdoor ...

by Henry Ong  | December 11, 2018 05:00:00
News and Events

Makati Awards $3.7-B Subway Project 7 Months Ahead of May 2019 Polls

Will IRC begin construction amid the tight electoral contest between Binay siblings?

The Makati City Government has officially awarded listed real estate firm IRC Properties Inc. the permit to establish and operate a subway system in the city, the company said in a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, October 23.“The ...

by Elyssa Christine Lopez  | October 23, 2018 04:00:00
News and Events

Unsolicited Proposal to Build 11-Km Makati Subway Acknowledged by City Gov’t

Costing $3.7 billion, the project still has to be negotiated by the LGU and proponent IRC Properties

The Makati City Government has granted “original proponent status” to the unsolicited proposal of listed real estate firm IRC Properties Inc. to establish and operate a subway system in the city, the company said in a disclosure to the Philippine Stock Exchange ...

by Elyssa Christine Lopez  | June 21, 2018 01:00:00
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