118 Holdings Inc.

     118 Holdings Inc. was established in November 2008. It presently owns 32,427 square meters of land in Subangdaku, Mandaue, Cebu, of which 25, 253 square meters are currently being leased by S&R Membership Shopping.

In September 2011, the company acquired a 12, 464 square meters parcel of and in Imus, Cavite. A one-storey retail structure has been built on the property and now houses over 40 tenants with Puregold price Club Inc. as its primary lessee.