The mall’s operator has no valid and existing business permit
The Manila City government on Wednesday, October 9, ordered the closure of the Isetann shopping mall along Recto Avenue in Quiapo district for operating without a business permit.
Manila City Mayor Francisco “Isko Moreno” Domagoso personally served the closure order to the mall’s management which also affects commercial tenants.
Trans-Orient Management Services, the mall’s operator, was performing the property management functions and services but “has no valid and existing business permit,” said Domagoso.
Domagoso added, “In relation to the operational cinemas, there is an existing and valid business permit for only one of the said cinemas operated by Cineworld Cinema, Inc. valid until end of 2019.”
The mayor also said that Tri-Union Properties, Inc., the mall’s owner, was misrepresenting its actual business area since it declared that it was only occupying 1,000 square meters.
He further questioned Tri-Union’s declared number of employees because under its valid business permit, the company should only have 10 employees.
However, the Mayor said the mall may reopen once they are able to comply with the requirements mandated by the local government.
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