Vista Land & Lifescapes, Inc. Announces Executive Appointments
June 17, 2018 at 10:46 pm EDT
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Vista Land & Lifescapes, Inc. at the organizational meeting of the Board of Directors, the following persons were nominated and elected as officers of the company: Manuel Paolo A. Villar Vice Chairman and Cynthia J. Javarez Treasurer, Chief Risk Officer. Management Committee shall be composed of the following officers of the company: Manuel Paolo A. Villar, Cynthia J. Javarez, Benjamarie Therese N. Serrano, Camille A. Villar and Brian N. Edang. In the same meeting, the following directors were nominated and elected as members of the following committees of the company: Manuel B. Villar, Jr. as Chairman of Nomination Committee, Frances Rosalie T. Coloma and Ruben O. Fruto (Independent Director) as Members of Nomination Committee; Manuel Paolo A. Villar as Chairman of Compensation and Remuneration Committee, Camille A. Villar and Marilou Adea (Independent Director) as Members of Compensation and Remuneration Committee; Marilou Adea (Independent Director) Chairman as Chairman of Audit Committee, Ruben O. Fruto (Independent Director) and Cynthia J. Javarez as Members Audit Committee; Ruben O. Fruto (Independent Director) as Chairman of Corporate Governance Committee, Marilou Adea (Independent Director) and Manuel B. Villar, Jr. as Members of Corporate Governance Committee; Marilou Adea (Independent Director) as Chairman of Board Risk Oversight Committee, Ruben O. Fruto (Independent Director) and Manuel Paolo A. Villar as Members of Board Risk Oversight Committee; Ruben O. Fruto (Independent Director) as Chairman of Related Party Transactions Committee, Marilou Adea (Independent Director) and Frances Rosalie T. Coloma as Members of Related Party Transactions Committee.
Vista Land and Lifescapes, Inc. is a Philippines-based investment holding company, which is engaged in real estate activities. The Company's segments include Horizontal Projects, Vertical Projects, and Commercial and Others. The Horizontal Projects segment is engaged in the development and sale of residential houses and lots across the Philippines. The Vertical Projects segment is engaged in the development and sale of residential condominium projects across the Philippines. The Commercial and Others segment is focused on the development, leasing and management of shopping malls and commercial centers all over the Philippines and hotel operations. The Company operates its residential and commercial property development business through six distinct business units: Camella Homes, Communities Philippines, Crown Asia, Brittany and Vista Residences are focused on residential property development, while Vistamalls is involved in commercial property development.