Global-Estate Resorts, Inc. Announces Board Changes
June 26, 2019 at 09:42 pm
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Global-Estate Resorts, Inc. announced Michael R. Roxas as Chief Risk Officer and Chief Audit Executive. Jesus B. Varela as Chairman of Corporate Governance Committee, Cresencio P. Aquino as Member of Corporate Governance Committee and Rollence Elloyd S. Chiusinco as Member of Corporate Governance Committee. Cresencio P. Aquino as Chairman of Board Risk Oversight Committee, Jesus B. Varela as Member of Board Risk Oversight Committee and Kevin Andrew L. Tan as Member of Board Risk Oversight Committee. Cresencio P. Aquino as Chairman of Audit Committee, Jesus B. Varela as Member of Audit Committee and Kevin Andrew L. Tan as Member of Audit Committee. Cresencio P. Aquino as Chairman of Related Party Transactions Committee, Jesus B. Varela as Member of Related Party Transactions Committee and Rollence Elloyd S. Chiusinco as Member of Related Party Transactions Committee.
Global-Estate Resorts, Inc. is a Philippines-based company, which is primarily engaged in the development of integrated tourism and leisure estates and integrated lifestyle communities consisting of residential, retail, hotel and/or leisure components in natural resort settings. The Company also engages in land acquisitions and maintains an inventory of raw land for future development. The Company's segments include Real Estate, Rental, Hotel Operations, Service Income and Corporate and Others. The Real Estate segment is engaged in the development and sale of residential and office projects. The Rental segment includes leasing of office and commercial spaces. The Hotel Operations segment includes hotel services, sale of food and beverages, and parties and events services. The Service Income segment relates to maintenance of golf courses. The Corporate and Others segment includes marketing services, general and corporate income and expense items.