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Shang Properties, Inc. - Company Profile Snapshot

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Company Profile: Shang Properties, Inc.
Ticker: MRPI
Exchanges: PHL
2008 Sales: 3,631,800,000
Major Industry: Financial
Sub Industry: Land And Real Estate
Country: PHILIPPINES
Employees: 184

Business Description
Shang Properties, Inc. Formerly known as EDSA Properties Holdings Incorporated. The Group's principal activities are acquiring, owning, developing, subdividing, selling, mortgaging, exchanging, leasing or holding for investment real estate of all kinds. Its businesses include property investment and development, real estate management, leasing, mall and carpark operations, logistics and freight operations. It has two main segments, Leasing and Sale of Condominium Units. Leasing pertains to the leasing operations at the Shangri-La Plaza Mall and its carpark operations. It also includes leasing of a portion of the Company's land to Shangri-La Hotel and Resort Inc. Sale of Condominium Units pertains to the sale of condominium units from the projects. Other business segment mainly comprises freight forwarding and logistics.

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