Cangs Inc - Philippines
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Cangs Inc
Location
102 Perdices St., Dumaguete City, 6200, Philippines
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The Store started its operation in 1957 with an initial capital of P2, 000.00 under the name Good News Supply. A few years later, it was changed to Good Luck Store Branch. The family who owned and operated the store felt that there should be something to identify themselves, so they decided to change it again to Cangs Trading, then later as to Cang’s General Supply as they carried additional products.The Cangs Family decided to pool their resources in order to have additional capital to be more competitive in the market and organized a corporation. The Corporation was registered with the Securities and Exchange Commission (SEC) on October 29, 1987, and was also registered with the Department of Trade and Industry under the name Cang’s, Inc.With this, the store existed for 51 years
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already, with a very profitable operation. Since the corporation’s secondary purpose is to establish, open, engage, operate, manage and administer the business of tourist houses, guest houses, inns hotels and other related businesses or activities, they decided to venture out into the hotel restaurant business. So on November 18, 1996, Bethel Guest House started its operation, as a Division of Cang’s, Inc.Listed in categories
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