Frequently Asked Questions - General Questions

Buying a proprietary share makes you one of the club's owners. You will have an undivided interest in the club and will be entitled to a pro-rata share of the assets of the Club at the time of its dissolution or liquidation.

We have several in-house financing plans available for you. For more information, please contact 032-231501 local 104 or you may email us at customer_care@cebuholdings.com.

• Class A shares may be sold to citizens of the Philippines, or to partnership, corporations or associations of which at least 60% of the outstanding capital stock entitled to vote is owned and controlled by citizens of the Philippines. Every holder of a Class A share shall have voting rights, exercisable in accordance with the provisions of the By-Laws of the Corporation.
• Class B common shares may be sold to any individual, partnership, corporations or associations, irrespective of their nationality or citizenship. They are entitled to 1 club membership, but cannot be nominated and elected as one of the directors of the Company & shall have no voting rigths.
• Class C common shares may be sold only to corporations, partnership or associations irrespective of their nationality. A holder shall be entitled to one(1) membership in the Club and shall have the rigth to assign one(1) playing right. Class C common shares shall have voting rights, exercisable in accordance with the provisions of the By-Laws of the Company.

Your spouse, children and legal dependents will be extended the privileges of the club, except for voting rights. A monthly fee of P375 will be charged for dependents who are single and between ages 21 and 28 years old.

Yes, dependents have to be unmarried and 28 years old and below.

'Legal Dependents' covers minors other than children of members, over whose person the courts have granted guardianship to the member.

As a single member, you are allowed to have a maximum of 2 dependents. They can be your parents OR any relatives up to the 3rd degree of consanguinity who are 18 years old and below.