GOING GLOBAL: IDC PARTNERS WITH FORTUNE PACIFIC HOLDINGS

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Italpinas Development Corporation (IDC), the publicly listed green developer of Italian inspired designed mixed -use condominium recently inked an agreement appointing Fortune Pacific Holdings Limited to handle international sales, marketing and promotions.

Fortune Pacific is represented by Ms. Maria Aisa Ivyreene D. Oliva, a full pledge licensed broker and International Marketing Consultant, Laurence Ziller. Fortune Pacific is based in Hong Kong and has wide relevant experience in consulting, branding, marketing and selling international real estate projects and properties either residential, commercial or retail.

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IDC’s CEO and President, Arch. Romolo Nati, shaking hands with Ms. Maria Aisa Ivyreene D. Oliva. From left to right at the back is IDC’s VP for Finance and Administration, Ms. Mary Ann Lopez, IDC’s SVP for Banking and Business Development Operations Mr. Harold Dacumos and Mr. Laurence Ziller of Fortune Pacific Holdings.

IDC is the developer of award- winning Primavera Residences and Primavera City which are both located at the Pueblo Business Park, Upper Carmen, Cagayan De Oro City. Primavera Residences was completed in 2015 and sold out. On the other hand, Primavera City which is a cluster of seven (7) mixed-use condominium will be developed in four (4) phases. To date, ninety (90) percent of Primavera City Phase 1 had been sold.

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Primavera City, winner of International Property Awards for Asia Pacific for Best Mixed-Use Development in the Philippines 2017-2018

Another on-going project of IDC is the Miramonti Green Residences, a twenty one (21) storey mixed- use condominium located at the RFM Science Park, LISP III, Sto. Tomas, Batangas. Construction of the project started last December, 2018 and scheduled for completion by 2020. Miramonti recently won the coveted International Property Awards for Asia and Pacific for Best Mixed-Use Development Category. IDC will receive the award in May 14-15 at Bangkok, Thailand. As of this writing, more than 51% residential units has been sold since IDC started pre-selling eight (8) months ago.

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Miramonti Green Residences, winner of International Property Awards for Asia Pacific for Best Mixed-Use Development in the Philippines 2019-2020

“With this remarkable performance, we are expediting to complete all licenses and permits of Primavera City Phase 2 so we can start soon to provide our buyers with the quality residential units they prefer. We have already fully paid the additional 2 lots from Pueblo de Oro Development Corporation and in the process of acquiring the two (2) lot titles. Thus, to complement and expand our sales reach, we have appointed Fortune Pacific to handle the international sales and marketing of our projects in Cagayan de Oro and Sto. Tomas, Batangas to reach Filipino Overseas and other foreign buyers” said Arch. Romolo Nati, Chairman and CEO of IDC.

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This material and this presentation have been provided by IDC Development Corporation and is a general background on IDC current activities at the date of this presentation. The information is given in summary and does not purport to be complete. This presentation may contain forward-looking statements, including statements regarding our intent, belief or current expectation with respect to IDC businesses and operations, market conditions, and anticipated results of operation. IDC does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after date hereof to reflect the occurrence of unanticipated events. While due care has been used in preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts any hypothetically examples are subject to uncertainty and contingencies outside IDC’s control.