Newsroom

Primex goes into mass housing development

PRIMEX Corp. is making a foray into mass housing development with the creation of a new subsidiary.

The listed firm told the stock exchange on Thursday the establishment of Primex Housing Development Corp. With this, Primex also subscribed to 41.958 million shares in the newly formed company at P1 per share.

Primex currently caters to the high-end residential market, selling lot-only properties in Goldendale Village in Malabon, The Richdale along Sumulong Highway in Antipolo City, and Goldendale II.