a.

As a result of the merger of three property companies under PHINMA group, PHINMA
Properties was established. When the People's Revolution restored democracy and former
President Corazon Aquino was acknowledged as the lawfully elected President in 1986,
PHINMA Properties began considering how it would respond to the burden of rebuilding
a country that had been under Martial Law for 14 years. With these kinds of upscale
townhouse developments, the property company was founded to meet the housing needs
of its fast rising executive base. 

On the other hand, the country's overall enrolment levels have always been high.
Regardless, dropout rates stayed high and steady. Only one out of every four pupils
entering first grade will continue to complete a higher degree. After learning about these
findings, PHINMA's leaders realized that they could achieve their purpose by assisting in
the improvement of the country's educational system. With this in mind, they went into
the sector of education to implement reforms and improvements. Hence, the PHINMA
Education was established.

b. PHINMA Corporation Strategies

- Increase the value of its many company areas using a systematic portfolio
approach
- Provide significant parental support to its subsidiaries in order to maximize
growth potential and stability.
- Provide appropriate profitability and liquidity management to sustain
development and risk mitigation.