About IDC

Italpinas Development Corporation (IDC) was incorporated and registered with the Securities and Exchange Commission (SEC) on January 26, 2009 as Italpinas Euroasian Design and Development Corporation. On July 15, 2015, the SEC approved the Company's change in corporate name to the present one. IDC's primary purpose is to engage in the business of real estate development using knowledge in architectural design, market and demographic strategy, project development, and sales. The Company's first development project is the Primavera Residences, a twin-tower 10-storey mixed-use condominium in Pueblo de Oro Township in Cagayan de Oro City. IDC's project pipeline presently includes the Primavera City in Cagayan de Oro City, and the Miramonti, a mixed-use development project in Sto. Tomas, Batangas.The Company has two wholly-owned subsidiaries, namely LBD Land Corporation and IDC Land Corporation. IDC also holds a 25% equity stake in Constellation Energy Corporation, which is engaged in the development of renewable energy facilities to provide clean energy to Philippine grids. Source: SEC Form 17-A (2021)