The Palms Country Club: 1410 Laguna Heights Drive, Filinvest Corp. City, Alabang, Muntinlupa City

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THE PALMS COUNTRY CLUB

1410 Laguna Heights Drive, Filinvest Corp. City,


Alabang, Muntinlupa City

Land area: 30,000 SQUARE METERS


Category: PROPRIETARY
Year Established: 2000 (Opens-Aug. ’02)
Developer: FILINVEST ALABANG, INC.
Total Authorized Share: Founders’: 7
Class A: 1,900
Class B: 250
Class C: 150
Class D: 2,293

AMENITIES:

HEALTH AND BEAUTY RESTAURANTS & BARS


 Spa, Sauna and Treatment Room DINING
 Facials and Body Massage Café Asiana
 Aerobics Studio, Gym The Continental
 The Salon Nishijin Japanese Restaurant

SPORTS AND RECREATION BARS


 4 Tennis Courts (2 covered) Bleachers
 2 Indoor Badminton Courts Strikes Sports Bar
 2 Air-conditioned Squash Courts Pool bar
 8 Championship Bowling Lanes Library Lounge
 4 Pool Tables  Barbecue Area
 2 Billiard Tables
 Gym GRAND BALLROOM AND FUNCTION ROOMS
 The Studio  Banquet / Meeting Rooms
 Resort Pool with various swimming  Ballroom
facilities  Board Room
 Rock Climbing  Function Rooms
 Golf Practice Area
CAMP COCO
CLUB SHOP  Toddlers’ Play Area
 Central hub and book facilities  Interactive Computer Center
 One stop shop for sports goods  Crafts and Game Room

GG & A CLUB SHARES BROKERS, INC.


2/F Mila Holdings Bldg.
28 Jupiter St. cor. Astra St.
Bel-Air, Makati City
Telephone: +63 (2) 8890-GOLF [4653]
Website: www.clubshares.net
CLUB FEES:

(PhP)
Monthly Dues 4,000

TRANSFER FEE (PhP)


Individual/ Corp“A” share (1 nominee): PhP 168,000 + 20,160 (12% VAT) 188,160
Advance monthly dues 4,000
TOTAL 192,160

Corp “B” share (2 nominees): PhP 252,000 + 30,240 (12% VAT) 282,240
Advance monthly dues 8,000
TOTAL 290,240

Corp “C” share (3 nominees): PhP 336,000 + 40,320 (12% VAT) 376,320
Advance monthly dues for 3 assignees 12,000
TOTAL 388,320

CHANGE OF CORPORATE ASSIGNEE


Change of Assignee Fee: 15,000 + 1,800 (12% VAT) 16,800
1 Month Advance Dues: 4,000
TOTAL 20,800

PLAYING RIGHTS: (PhP)


Annual Processing Fee 28,000
Cash Bond 25,000
1 Month Advance Dues: 4,000
Processing Fee for the Membership Card: P150 per card
TOTAL 57,000

Renewal Fee 28,000

REPLACEMENT OF LOST STOCK CERTIFICATE


Admin Fee (payable to FILINVEST ALABANG, INC.) 5,000

GG & A CLUB SHARES BROKERS, INC.


2/F Mila Holdings Bldg.
28 Jupiter St. cor. Astra St.
Bel-Air, Makati City
Telephone: +63 (2) 8890-GOLF [4653]
Website: www.clubshares.net
CLUB INFORMATION:

 Waiver: NOT REQUIRED


 Letter of Intent: Required
 Holding Period: 2 years
 Stock Certificate: 3 to 6 months
 Membership Card: Issued 1 week after approval
 Screening of Documents: 1 to 2 weeks
 Dependents’ age limit: up to 25 years old; unmarried
 Class A share: Individual or Corporate with one (1) nominee
 Class B share: Corporate with two (2) nominees
 Class C share: Corporate with three (3) nominees
 Class D share: not for sale; includes the initial one (1) common share

REQUIREMENTS

BUYER

1. Transfer Fee
2. Stock Certificate (Original)
3. Membership Application Form with acknowledgment
4. Recommendation Letter- to be signed the Broker
5. 2x2 Pictures of Principal Member - 3 pcs.
6. 1x1 Pictures of Principal Member - 3 pcs.
7. Marriage Contract
8. Birth Certificate of Dependents - 25 yrs. old and below; unmarried
9. Alien Certificate of Registration-ACR (Photocopy)
10. Passport (Photocopy)
11. Photocopy of Valid ID with picture and signature
12. COVID-19 Vaccination Card
13. SEC Registration, Articles of Incorporation, and
14. Secretary Certificate or Board Resolution - To purchase (specify name of signatory & nominee)
15. Tax Identification Number (T.I.N.) - Shareholder (buyer) FOR FILING OF TAXES
16. Car Sticker - Application Form (Official Receipt)
17. Photocopy or details of the credit card for auto-debit arrangement
18. Latest Community Tax Certificate - Company & Authorized Signatory

GG & A CLUB SHARES BROKERS, INC.


2/F Mila Holdings Bldg.
28 Jupiter St. cor. Astra St.
Bel-Air, Makati City
Telephone: +63 (2) 8890-GOLF [4653]
Website: www.clubshares.net
SELLER

1. Waiver - Letter of Intent to sell


2. BIR Certification
3. Deed of Sale
4. Resignation Letter and Letter to Accounting
5. Membership Cards
6. Membership Cards of Dependents
7. Secretary Certificate or Board Resolution - To sell (specify name of signatory)
8. Tax Identification Number (T.I.N.) - Shareholder (seller) FOR FILING OF TAXES
9. Photocopy of Valid ID with picture and signature
10. Passport (Photocopy)
11. Latest Community Tax Certificate

GG & A CLUB SHARES BROKERS, INC.


2/F Mila Holdings Bldg.
28 Jupiter St. cor. Astra St.
Bel-Air, Makati City
Telephone: +63 (2) 8890-GOLF [4653]
Website: www.clubshares.net

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