Corporate
About Us
Primex Corporation was incorporated under the laws of the Republic of the Philippines and registered with the Securities and Exchange Commission on July 17, 1986.
The Company is authorized to engage in the real estate business in all its aspects, to purchase, lease, or in any manner dispose of or deal with lands and other real property and interest therein.
Primex Corporation maintains land banks situated in various prime locations for development of residential subdivisions, high-rise residential and office condominiums as well as master-planned housing units. The Company’s thrust in real estate development is geared towards consumers belonging to the upper-income brackets.
The Company’s authorized capital stock amounts to Four Billion Five Hundred Million pesos (P 4,500,000,000.00), divided into Three Billion Five Hundred Million (3,500,000,000) common shares with a par value of P 0.20 per share and One Billion (1,000,000,000) preferred shares, also with a par value of P 0.20 per share.
Primary Objectives
To deal and engage in the real estate business in all its aspects: to purchase, lease or in any manner to own, hold, improve and develop for all purposes and to sell, convey, lease, mortgage, or in any manner dispose of or deal with lands and other real property and any interest therein.
To acquire land and undertake its development into high quality residential and commercial subdivisions.
To acquire land in densely populated areas and develop high-rise residential and office buildings to cater to consumers belonging to the A, B and C income brackets.
To enter into joint venture agreements with landowner partners under which Primex Corporation takes on the role of developer-financier.
To enter into joint venture agreements with financial institutions or investors as the company’s development partners.
Mission
It is our commitment to develop quality ,and reasonably priced real estate properties that offers the best in terms of value for money. It is our commitment to infuse real values in our property developments.
Vision
To be a major player in the real estate industry recognized for quality and reasonably priced housing units catering across all income levels.
Values
The Company values innovation and professionalism and shall always exercise a high standard of business and moral ethics by providing a productive and fulfilling work environment for our employees, legendary service for our customers, and to enhance shareholders value.