IRC Properties Inc., formerly Interport Resources Corporation, a domestic corporaton with office address at 38/F Rufino Pacific Tower, 6784 Ayala Avenue, Makati City, was incorporated on February 24, 1975 in the Philippines primarily to engage in the acquisition, reclamation, development or exploration activities and drilled two (2) wells in Southern Mindoro and Sulu Seas. World recesion in the late 1970's forced the company to cut down on exploration activities, On July 28, 1978, the company acquired a 2,200-hectare property in Binangonan, Rizal which signalled its shift in its major business activity from oil exploration to real estate development. The Company has completely shifted from oil exploration activities to real estate development and is now concentrating its effort and resources to develop these vast properties in Binangonan, Rizal.
IRC Properties Inc., formerly Interport Resources Corporation, a domestic corporaton with office address at 38/F Rufino Pacific Tower, 6784 Ayala Avenue, Makati City, was incorporated on February 24, 1975 in the Philippines primarily to engage in the acquisition, reclamation, development or exploration activities and drilled two (2) wells in Southern Mindoro and Sulu Seas. World recesion in the late 1970's forced the company to cut down on exploration activities, On July 28, 1978, the company acquired a 2,200-hectare property in Binangonan, Rizal which signalled its shift in its major business activity from oil exploration to real estate development. The Company has completely shifted from oil exploration activities to real estate development and is now concentrating its effort and resources to develop these vast properties in Binangonan, Rizal.
IRC Properties Inc., formerly Interport Resources Corporation, a domestic corporaton with office address at 38/F Rufino Pacific Tower, 6784 Ayala Avenue, Makati City, was incorporated on February 24, 1975 in the Philippines primarily to engage in the acquisition, reclamation, development or exploration activities and drilled two (2) wells in Southern Mindoro and Sulu Seas. World recesion in the late 1970's forced the company to cut down on exploration activities, On July 28, 1978, the company acquired a 2,200-hectare property in Binangonan, Rizal which signalled its shift in its major business activity from oil exploration to real estate development. The Company has completely shifted from oil exploration activities to real estate development and is now concentrating its effort and resources to develop these vast properties in Binangonan, Rizal.