Landco Pacific Corporation, the leisure real estate developer under the MVP Group, has signed a Memorandum of Agreement with Turfgrass Management Inc. (TMI) and Golfplus Management Inc. (GMI). The three companies will jointly pursue the development, rehabilitation, operation and maintenance of the John Hay Golf Course in Camp John Hay, Baguio City.
Under the agreement, the partners will prepare and submit an unsolicited proposal to the Bases Conversion and Development Authority (BCDA). The proposal covers a long-term lease of at least 25 years.
