On October 1, 1992, the Securities and Exchange Commission (SEC) approved the amended Articles of Incorporation and By-laws of Bendana Brown Pizarro & Associates, Inc. which changed the parent Company's name to Epic Holdings Corporation.
On June 25, 1993, the SEC approved the plan of merger by which the entire assets and liabilities of both Brown Chemical Corporation and Brown Chemical Sales Corporation were transferred to and absorbed by Epic Holdings Corporation, the surviving corporation, which was renamed A Brown Co., Inc., as approved by SEC, on July 1, 1993.
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Uniwide Holdings, Inc. (UHI) is a Philippines-based company, which alongwith its subsidiaries is engaged in real estate, and leasing and franchising of the Uniwide trade name. As of December 31, 2005, the Company was the franchisor of six Uniwide Sales Warehouse Clubs, one Uniwide Sales Department Stores and one Wholesale Center. UHI is also engaged in two kinds of real estate operations. The first is the acquisition, development, holding and leasing of land and buildings used to house Warehouse Clubs, Department Stores and Family Stores. The second is property development principally involving the acquisition, horizontal development and sale of land for residential communities and commercial lots adjacent to Warehouse Clubs, and the development of shopping malls anchored by Warehouse Clubs. The Company engages in real estate operations primarily through Uniwide Sales Realty and Resources Corporation, a 98%-owned subsidiary.
Cebu Holdings, Inc. is engaged in real property ownership, marketing, management and development. It is engaged in seven types of activities: rental of retail space, commercial land sales, office and residential condominium sales, sale of sports club shares, sale of residential sub-divisions, lease of office space through a subsidiary, Cebu Property Ventures & development Corp., and hotel operations through an affiliate, Cebu Insular Hotel Co. Inc. It owns and manages the Cebu Business Park, a 50-hectare business and commercial subdivision in Cebu City. It has also developed the City Sports Club Cebu, an urban resort. Its segments include residential and commercial development, which sells commercial and residential lots, and office and residential condominium; shopping center, which is involved in the development of shopping centers and food court in these shopping centers, and management and operation of malls, and corporate business, which develops and leases office buildings.
