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    INVESTORS' CENTER - Year Ended September 30, 2006
    Financial Highlights     Housing and Land Dev't Division
    Message to the Stockholders     Hotels Division
    Commercial Centers Division     Board of Directors
    Residential Buildings Division     Downloads
    Office Buildings Division
     
    Commercial Centers Division
   
The Commercial Centers Division is one of the largest shopping mall chains in the country. The chain has 18 malls with a total gross floor area of over 1.2 million square meters.

The division's portfolio spans from the regional malls to community malls and is complete with a variety of retail shops. restaurants, amusement cebters, service outlets as well as anchor tenants Robinsons Supermarket, Robinsons Department Store, Robinsons Movieworld, and Handyman Do-iy-Best Center.

RLC malls provide fun, comfort, convenience, and security to all visiting patrons.