Primex Corp.
PPSE:PRMX1.09
PHP
0.00
(0.00%)
ISIN
PHY708151162
CUSIP
Y70815116
Return %
Stock
S&P 500
1Y
-15.50
14.20
3Y
-64.14
81.12
5Y
-47.60
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Ernesto O. Ang
- Full Time Employees
- 18
- Sector
- Finance
- Industry
- Real estate development
- Address
- San Juan Philippines
- IPO Date
- Aug 10, 2001
- Website
- primex.ph
- Similar Companies
- Business
- Primex Corporation is a real estate development and property investment company based in the Philippines. Founded in 1986 and headquartered in San Juan, Metro Manila, the company engages in the acquisition, development, sale, and leasing of commercial, residential, and mixed-use real estate properties catering primarily to upper-income residential buyers, high-net-worth individuals, and corporate commercial tenants. The company operates through two primary business segments: Real Estate and Leasing. Its core product and service offerings comprise: high-rise commercial and office spaces, including the 50-story LEED-certified Primex Tower located in Greenhills, San Juan; multi-story residential condominium developments, including The Stratosphere in Salcedo Village, Makati City; first-class master-planned residential subdivisions and lot developments, including The Richdale in Antipolo City, Goldendale Village, and Goldendale II in Malabon City; mid-to-high-rise residential projects, including Tresor Residences; mixed-use commercial and residential properties, including Richbelt Terraces and Greenrich Mansion; property leasing and asset management services for commercial and retail spaces; and strategic land bank acquisition and holding across prime growth corridors in Metro Manila, Rizal, Bulacan, Cavite, and Tagaytay. The company conducts operations directly and through its wholly owned subsidiary, Primex Realty Corporation, alongside affiliated property entities including Primex Land, Inc., Primex Domain, Inc., and Primex Development Corporation. In recent major strategic developments, the company has expanded its core commercial operations and diversified into the hospitality sector through its flagship Primex Tower project. Through its subsidiary Primex Realty Corporation, the company signed a major hotel management agreement with Dusit International to launch Dusit Greenhills Manila, an upper-upscale 200-room hotel development occupying the top ten floors of the Primex Tower, slated for opening in 2026. This development represents a key operational expansion into hotel asset management and recurring-income hospitality investments alongside its ongoing commercial office leasing and residential property development initiatives across the Philippines.