IRC Properties, Inc. announced the acceptance of the resignation of Mr. Shinsuke Amiya as director of the company and the election of Mr. Anselm Wong as his replacement, effective immediately. The company also announced the acceptance of the optional retirement of Ms. Araceli C. Molina and the election of Ms. Gloria Georgia G. Garcia as her replacement, effective immediately, to the following positions: CFO/Asst. Treasurer/SVP, Compliance Officer and Corporate Information Officer.

The company also announced the appointment of Mr. Anselm Wong as member of the IRC Audit Committee as replacement of MR. Shinsuke Amiya, effective immediately.