Vista Land & Lifescapes, Inc. Announces Changes to the Composition of Audit Committee and Board Risk Oversight Committee
August 13, 2020 at 08:51 am IST
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Vista Land & Lifescapes, Inc. at its board meeting held on August 13, 2020, the following changes to the composition of the Company's Audit Committee and Board Risk Oversight Committee were also made in compliance with the Company's Manual of Corporate Governance: Resignation of Cynthia Javarez from the Audit Committee as Member and appointment as Member of the Board and Risk Oversight Committee. Resignation of Manuel Paolo A. Villar from the Board and Risk Oversight Committee as Member and appointment of Frances Rosalie T. Coloma as Member of the Audit Committee.
Vista Land and Lifescapes, Inc. is a Philippines-based investment holding company, which is engaged in real estate activities. The Company's segments include Horizontal Projects, Vertical Projects, and Commercial and Others. The Horizontal Projects segment is engaged in the development and sale of residential houses and lots across the Philippines. The Vertical Projects segment is engaged in the development and sale of residential condominium projects across the Philippines. The Commercial and Others segment is focused on the development, leasing and management of shopping malls and commercial centers all over the Philippines and hotel operations. The Company operates its residential and commercial property development business through six distinct business units: Camella Homes, Communities Philippines, Crown Asia, Brittany and Vista Residences are focused on residential property development, while Vistamalls is involved in commercial property development.