Wednesday, January 7, 2009

SKY WEALTH LAND HOLDINGS, INC.

Young Builders Corporation, is a privately held entity duly registered wit the Securities & Exchange Commission. Until October 1991, we were known as Young Construction, a single proprietorship entity, founded in Cebu City by Mr. Alfredo Young in January 1968. After Completing our initial project, the 7-Storey Emerald Building in the City of Cebu, we diversified our operations in major cities of the Southern region such as Davao and Iloilo by undertaking the construction of several building, industrial factory complexes and residential dwellings.

In 1975, with our highly successful project in the South together with the sound business prospects in the Northern Region, we decided to branch out our operations in Metro Manila. The multi-million peso Emperor Textile Complex was one of our first few projects. Afterwhich, we immersed ourselves extensively in the local industry by performing myriad projects inside and outside of the Metropolis. Project such as the 10 and 12-Storey Cathay Mansion I and II performed in 1978, respectively, the Aloha Plastic Faactory located at ParaƱaque buil in 1979, the Paddocks Jeans Complex situated at Quezon City completed in the 1980, and the Project-6 Public Market erected in 1981 have enabled us to develop our manpower and gain the valuable experience and identity in the local construction industry.

The resurgence of the Philippine Economy in 1986 together with the speculated construction boom in the first quarter of 1987 highly influenced us to channel our efforts and resources into soliciting, bidding, and accepting large scale construction projects in both Manila and Cebu. In 1987, using our own resources, we built the 37-units 3-storey Grace Townhouse Complex at Grace Village, Quezon City. In 1990, we completed the 16-Storey Metro Bank Plazain Cebu which we began constructing in March 1989. Also in 1990, we starte the 12-Storey Manila Doctors Annex Building at United Nations Avenue, Manila completed in June 1991, the 22-Storey Platinum 2000 Condominium in Greenhills, San Juan Metro Manila completed in 1992. Moreover, we also completed the 2-Storey Metrobank Colon, Cebu City Project which we started in 1992. In 1993, we completed the massive Shoemart Cebu which we started in 1991. This Project alon has total floor area of 180,000 square meters and another 100, square meters of site development. Further in 1994, we completed the first pahse of th Winland Multi-Towers Condominium Project.

The year 1995 has again proven to be abusy challenging one for our operations. In Cebu, we are currently builing the second phase of the Winland Multi-Towers Condominium Project, the 12-Storey Holiday Plaza Multi Purpose Project, and the 9-Storey Cebu Emsu Hotel, Project, and the Transdaewoo Passenger Car Assembly Plant. On the other hand, in Metro Manila we are rehabilitating the Queson City Hall.After two decades in the construction industry, we face the future with dynamism, optimism and enthusiasm. As always, we continue to look forward to serve the needs of our present and prospective clients even better by offering top-flight construction services backed by a well-trained and dedicated manpower developed through performing projects in the Northern and Southern regions of the archipelago to the best of our abilities.

YOUNG BUILDERS CORPORATION
Registered Name
Corinthian Gardens SubdivisionQuezon City, Metro Manila
2nd Floor, YBC Building Sudlon Street, Cebu City

SEC Registration No. A5091-197096
TIN 000-654-731-000
VAT Registration No. 000-654-731-V
SSS Identification No, 06-1690083-7
Contractor’s License No. 15807
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