Annual meeting of stockholders of Waterfront Philippines Inc. held on August 18, 2012, elected directors of the year 2012-2013, namely: Regular Directors: Mr. Renato B. Magadia, Mrs. Dee Hua Gatchalian, Mr. Kenneth T. Gatchalian, Ms. Elvira A. Ting, Mr. Reno Magadia, Mr. Lamberto B. Mercado, Jr. Independent Directors: Mr. Arthur M. Lopez, Mr. Sergio R. Ortiz- Luis, Jr. Mr. Ruben D. Torres.