SHANG PROPERTIES, INC.

Shang Properties, Inc. (SHNG) was first incorporated on October 21, 1987 under the name Shangri-La Properties, Inc., and changed its name to Edsa Properties Holdings, Inc. (EPHI) in January 2000. On July 25, 2007, the Securities and Exchange Commission (SEC) approved the merger between EPHI and Kuok Philippine Properties, Inc. (KPP), with EPHI as the surviving corporation. Consequently, the SEC approved the change in name of the company to its present one. SHNG is a property development, real estate management and investment holding company. Its significant and active subsidiaries are composed of Shangri-La Plaza Corporation, SPI Parking Services, Inc., The Shang Grand Tower Corporation, EPHI Logistics Holdings, Inc., Shang Global City Holdings, Inc., Shang Fort Bonifacio Holdings, Inc.,  

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Shang Property Management Services Corporation, and KSA Realty Corporation. Source: SEC Form 17-A (2008)