Asia Properties to focus on Philippines

[pioneer]

BELLINGHAM, Washington - Asia Properties, Inc. or "API" (Pink Sheets:ASPZ) today confirmed its investment strategy targeting Philippine island acquisitions for the next 24 months.

CEO Daniel Mckinney, who recently attended the 2nd Philippine Investment Conference in Cebu, Philippines in June this year, echoed the words of the Philippine President, Gloria Macapagal-Arroyo, by saying, "There has never been a better time to invest in the Philippines, as the country offers one of the best values for the money in Asia for investors." Arroyo went on to say at the conference, "The government is investing billions, often in partnership with the private sector in new bridges, roads, ports and other modern infrastructure (which will) in turn attract more foreign investments."

As a result, Mckinney added: "Asia Properties is rolling out an aggressive acquisition program in Philippines resort sites over the next 6-12 months. API is delighted to be participating in the Philippine version of the Asian property investment boom that is currently underway."

Mr. Mckinney went on to say, "Asia Properties has now secured one of the most beautiful beach fronts I have ever seen. The beaches are fine white sand, the water is clear blue and this site is perfect to build the most exotic resort destination in the south pacific. We have been speaking with some of the world's most exclusive hotel operators to manage the various resorts."

The Company announced on July 30th that it has signed an exclusive option agreement to buy the majority of beach front property on an island 20 kilometers offshore from Southern Luzon, Philippines.

source: primenewswire.com

[Lorenzo]

Mabuhay!!! Glad to hear good news like this!

Good Job Pres. Macapagal-Arroyo! Keep us moving forward!

[slackware]

Good Job Pres. Macapagal-Arroyo! Keep us moving forward!

Nisaka ang value sa peso, niubos ang value sa dollar! hahahahahahah!