VOL.11 ISSUE 14 VOL.12 250• THURSDAY, • FRIDAY-SATURDAY, MARCH 28, MARCH 2019 8-9, 2019
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INDOOR TRIATHLON IS ON
NCCC'S VICTORIA PLAZA. New City Commercial Corporation (NCCC) chair Helen Lim (leftmost), NCCC Group of Companies chief executive officer Lafayette Lim (3rd from right) and LTS Malls, Inc, president Sharlene Faye Lim (2nd from right), together with officials from the city government of Davao led by Vice Mayor Bernard Al-ag, flash the number one sign after the Davao City-based mall giant formally took over the management of the iconic Victoria Plaza on Wednesday. Lean Daval Jr
THE FUTURE
NCCC bares grand plans for Victoria Plaza after assuming ownership By NEILWIN JOSEPH BRAVO
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fter formally assuming ownership of Victoria Plaza on Wednesday, March 27, New City Commercial Corporation (NCCC) unveiled its grandiose plans for Davao’s iconic mall which included twin tower condominium, luxury hotel, corporate center and four-storey mall. Sharlene Faye Lim, LTS Malls Inc. president, bared
the company’s development plans and design concept
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of the sprawling 9.6 hectare Victoria Plaza complex in a symbolic takeover through a Hong Kong-based design consortium. Lim provided a glimpse of the future of Victoria Plaza under its ownership in an audio visual presentation. President Rodrigo Duterte, in a video clip, congratulated the new owners and ex-
pressed his elation of the sale which involved two Dabawenyo families. “What makes me glad is that the property was acquired by a family who runs a shopping mall,” President Duterte said referring the the Lim family. Mayor Sara Duterte-Carpio, who was represented in the event by Vice Mayor
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Bernard Al-ag, gave her message in the AVP. “I thank NCCC for the trust you have placed in Davao City as an investment destination since the 1990s,” said Mayor Duterte as she congratulated NCCC for expanding its footprint in retail business in the city. Like many Dabawenyos, Mayor Duterte did not hide
her excitement of the plans of the new owners for their new acquisition. “As one of Davao City’s homegrown enterprises, we are excited to see what NCCC has in store for us soon,” she added. NCCC, Davao City’s homegrown pioneering retail establishment New City Commercial Corporation (NCCC)
THE FUTURE, P10
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