News – PH – Robbie Antonio is leaving Century Properties due to unicorn issues

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Robbie Antonio, co-executive director and board member of Century Properties Group, stepped down after his company Revolution Precrafted Properties was investigated by the National Bureau of Investigation (NBI)

Century Properties announced to the local stock exchange that its board of directors has accepted Antonio’s resignation, which will take effect immediately

“The board noted that the reason for his resignation is to allow him to focus on pressing issues within his own company and those related to it,” the company said

In 2017, Antonio’s Revolution Precrafted, which makes prefabricated houses, reached unicorn status with a value of over $ 1 billion

Last Thursday the 18th February, ABS-CBN reported that the NBI is investigating Antonio for allegedly “defrauded” businesspeople

Antonio said on Friday the 19th February that Revolution Precrafted was unable to collect claims due to the coronavirus pandemic He asked contractors and suppliers for time to resolve problems – Rapplercom

Aika Rey reports on the Philippine Senate for Rappler Before writing about politicians, she covered budget, labor and transportation issues

Jose Roberto Antonio, Century Properties, Revolution Precrafted Properties Limited, Board of Directors, Philippines

News – PH – Robbie Antonio is leaving Century Properties due to unicorn issues

Source: https://www.rappler.com/business/robbie-antonio-quits-century-properties-unicorn-issues