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gene 5508 BLTBE iene | StGuniFitsanee Grech Bye. ing emg” [ nano a | eceoven ARTICLES OF INCORPORATION OF That we, all of legal age, majority of whom Philippines, have this day voluntarily associa a corporation under the laws of the Philippines. a Republic of the ‘ves together for the purpose of forming AND WE HEREBY CERTIFY: hat the name of the said corporation shall be: CENTURY HONGYU PROPERTY VENTURES CORP, ~ SECOND: That the purposes for which said corporation is formed are: PRIMARY PURPOSE To deal and engage in land or real estate business, convey, encumber, purchase, acquire, rent, or othypf@rise deal in and dispose of, for itself or for others, for profit and advantage, residential inéfeding, but not limited to, afl kinds of housing projects, commercial, industrial, urban or other kinds of real property, improved or unimproved, whether privately or publicly owned, with or to syef persons and entities and tunder such terms and conditions as may be permitted by law; to acquire, purchase, hold, manage, develop, and to sell subdivision lots, with or without buildings or improvements, for such other consideration and in such manner or form as the Corporajjoh may determine or as the law permits, except real estate investment trust (REIT). ld, develop, manage, administer, sell, SECONDARY PURPOSES 1, To develop, improve, erect, constpft, alter, manage, operate, lease, in whole or in part, improved or unimproved land, builgéags and tenements of the Corporation or of other persons, whether private or public, or to therwise engage in and carry on the business as its own general builder or contractor or that of third persons, whether private or public, and pursuant thereto, 1o participate and enter into public or private bidding, or otherwise enter into contracts to erect, build, construct, maintain, alter, reclaim lang/repair, pull down and restore, either alone or jointly, with any other companies or perséns, works and construction jobs of all description including roads, bridges, warchouses, factories, engines, machinery, drainage, and sewage, houses and buildings of every description, barracks, piers, and other edifications needed and necessary in the ordinary course of business and life, without engaging in locally funded government projects and defense related structures, 2. To produce, manufacture, buy, hold, sell or otherwise acquire and dispose of and deal in, lease (except financial leasing), hire, and let on iease or hire all kinds of tools, implements, supplies, equipment, machine engines, and a't other siaterialsp apparatuses, and contrivances as are necessary for the purpose or object aforesaid, s+ howt engaging. in ret shail not engage in investment solicitation activities fre investors.) 3. To deal, engage, and transact, directly oF acts and transactions, concerning all kinds of f choses in action, tangible and intangible pro personal and real rights, commercial papers, evidence of indebtedness, or 0 obligations, services, and all other things including future ones, which are not excluded from the commerce of men ot which are not contrary to law or good morals; geae S98 SCTEE purpose, pertaining to the business of the corporation, or in any manner or for any incident 4. Yo enter into, make, perform and carry out contracts of every kind and for any a thereto, as principal agent, or otherwise; with any person, firm, association, or corporation; 5. To acquire and undertake the whole or in any part of the business, goodwill, and assets of ‘any person, firm or company carrying on or proposing to carry on any of the business which this corporation is authorized to carry on, and as part of the consideration of such acquisition, to undertake all or any of the liabilities of such person, firm, or company, or to acquire in in, amalgamate with, or enter into any agreement with, or enter into any arrangement sharing profits, or for cooperation, or for mutual assistance, with any such person, firm or company, and to give, accept, by way of consideration for any of the acts or things aforesaid or for any property acquired, any shares, debentures, bonds or securities that may be agreed upon; and to hold and retain or sell, mortgage, and deal with any shares, debentures, bonds, or securities as received, without engaging in stock brokerage business or/and dealership of securities, * tn tading ifs. stoucholdeer 6. Yo borrow or raise money from not more than 19 lendersjnecesSary to meet the financial requirements of its business by the issuance of bonds, promissory notes, and other evidence of indebtedness, and to secure the repayment thereof by the mortgage, pledge, deed of trust lien, upon the properties of the corporation; or to issue pursuant to law shares of its capital stock, debentures, or other evidence of indebtedness, in payment for properties acquired by, the corporation or for money borrowed in the prosecution of its lawful business; 7. To purchase, acquire, own, lease (except financial leasing), sell and convey real pr such as lands, buildings, factories and warchouses and machineries, equipment a and to pay in cash, shares of its capital stock, debentures and other evidence of in or other securities, as may be deemed expedient, for any business or property acquired by the corporation; BLTSE caee ssoe 8. ‘To apply for, obtain, register, lease, license,purehase, or otherwise acquire and to hold, use, own, operate, sell, assign, and disposi of any trademark, tradename, trade secrets, formulas, patents, inventions, copyrightsyant — used Se curiegr, secured 10, To enter into any lawful arrangement for sharing ion of interest, utjliZation or farm out agreements, reciprocal concessions, or coopetation, with any/Corporation, association, partnership, syndicate, entity, person, govemment or authog, municipal or public, domestic or foreign, in the carrying on of any business or transaction deemed necessary, convenient or incidental to carrying out any of the purposes of this corporation; LL, To acquire or obtain from any government or authority, national, provincial, municipal or otherwise, or any corporation, company, partnership or person, such charters, contracts decrees, rights, franchises, privileges, exemptions, licenses and concessions, as conducive 10 any of the objects of the corporation, ‘other company, or carry on any business which may dirfctly of indirectly assist any attivities carried on by this corporation; 13, To establish and operate one or more branch offices or agencies, and on amy all of its operations and businesses without any restriction as to place or amount, meni right to hold, purchase or otherwise acquire, lease, mortgage, pledge ad convey or otHerwise

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