The Company's Corporate or Business Profile
The Company’s Corporate or Business Profile Empire East Land Holdings, Inc. (the "Company") was incorporated under Philippine law on 15 July 1994. Prior to its incorporation, the Company was a division of Megaworld Corporation (formerly, Megaworld Properties & Holdings, Inc.) and was then known as its Community Housing Division. In 1994, Megaworld Corporation decided to spin off its Community Housing Division into what is now the Company for the purpose of separating its high-end residential and office business from its lower and middle-income housing business.
The Company is presently engaged in the development and marketing of mid-cost housing projects in the form of condominium communities, subdivision lots and house and lot packages, and commercial units to a limited extent. The Company also leases out commercial and industrial properties. Its core products are mid- to high-rise condominium towers within metro manila up to single-detached homes and house-and-lot packages in progressive suburban areas. As of December 2013, Megaworld holds 81.72% of the Company.Company holds ownership interest in the following entities:
|Eastwood Property Holdings, Inc. (EPHI)||100%|
|Valle Verde Properties, Inc. ("VVPI")||100%|
|Sherman Oak Holdings, Inc. ("SOHI")||100%|
|Empire East Communities, Inc. ("EECI")||100%|
|Laguna BelAir Science School, Inc. (LBAS)||73%|
|Sonoma Premier Land, Inc. ("SPLI")||60%|
|Gilmore Property Marketing Associates, Inc. ("GPMAI")||47%|
THE COMPANY'S VISION, MISSION & VALUES
To be the leader in its class... not just to build more, but to build the best, in the service of many generations to come.
It is our commitment to develop popularly-priced real estate properties that offer good value for money.
We believe that we can achieve our vision even through limited resources.
We act with vigor to cope with the changing pace of competition
We uphold anything that would best benefit the company and all its undertakings.
We carry into action our responsibility as truthfully as possible.
We are committed to work hard for the fulfillment of our vision.