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DISCLOSURE - November 24, 2015

Malayan Colleges, Inc. (Operating under the name Mapua Institute of Technology) has entered into a Contract to Sell agreement to purchase a 2.3 ha property in Davao City for a total amount of Php425 Million. This marks the group’s continued commitment to expand in the education sector. The completion of the purchase is subject to various conditions that need to be fulfilled.

iPeople, inc. (IPO) together with House of Investments, Inc. (HI) wholly owns Malayan Colleges, Inc. iPeople is a subsidiary of House of Investments, Inc., a member of the Yuchengco Group of Companies.


 

 

MR.RENATO C. VALENCIA
Chairman

Dr. Reynaldo B. Vea
President

MR. JOSE MA. G. CASTILLO, III
SVP-Finance / Treasurer
Chief Information Officer/ Compliance Officer

ATTY. SAMUEL V. TORRES
Corporate Secretary

 

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iPeople was recognized by Forbes Magazine as one of the world’s “200 Best under a Billion” companies in 2003 and 2004. Incidentally, only two Philippine companies made it to the 2003 and 2004 registers.

  

 

 

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