US$16 MILLION NEW PARTNERSHIP SIGNED
We are please to announce the partnership between IAT and Sage Solutions Philippines Inc. who offers a one stop solution to business owners regardless of their nature and size.
Headed by some of the top management individuals in the industry, their main objective is to assist SMEs in enhancing their overall business performance and valuation, and be listed with the PSE of the Philippines.
As part of the partnership, Sage will be providing IAT with a 6 months post ICO consultancy and assistance to secure future strategic partners.
Sage will also be granting IAT the exclusive property management rights to their existing and new clients in the Philippines subjected to the assessment of the final IAT platform. One of the clients Contempo Property Holdings, Inc. currently has about 140 units in Cebu valued at approximately USD$16 million.
The properties will be posted on the IAT platform for leasing purposes. This will provide more variety and options for prospective tenants in the Cebu area which is the 2nd largest economy of the Philippines. At the same time, it will also allow IAT to extend its reach into the region.
Existing clients who are developers in the Philippines include:
1. Grand Monaco Estate Developers, Inc.
GMEDI began in 1987 as a construction company working on sub-contracts from larger and older companies in the industry. It quickly gained a reputation for solid and dependable performance and, in time, achieved Triple A status as a full-fledged Contractor.
Since then, GMEDI has grown into a multi-million company that has produced and sold more than a thousand houses in the upper low-cost and middle income Categories.
2. Contempo Property Holdings, Inc.
The company came into being born out of a real estate developer’s dream to offer better living options to upwardly mobile mid-income householders.
Chairman of the board and president of Contempo, Beverly Dayanan was formerly in the banking industry prior to her real estate venture. Ms. Dayanan is a Cebuana hailing from Carcar who took-up pre-law as a scholar in the Univ. of San Carlos but found her calling in real estate development.
The Board of Directors are Mr. Geronimo Sta. Ana, graduated Cum Laude at the De La Salle College, an MBA degree holder from the University of the Philippines, the past president of the Cebu Chamber of Commerce and Industry, and currently the governor of the Philippine Board of Investments(BOI) and chairman of the Cebu Investment Promotion Center (CIPC), Atty. Ramsey Mayol Quijano, past president of the Integrated Bar of the Phil., Cebu Chapter and partner of Quijano, Quijano, Jugao, Pedaria Law Offices; and Dr. Cheryl D. Pascual, a doctor of medicine who graduated from Cebu Doctors University with a degree in Psychology from University of San Carlos.
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