AGI Earmarks PhP240B for Capex Up to 2020

Alliance Global Group Inc. (PSE: AGI), the investment holding company of billionaire Dr. Andrew L. Tan, has announced a three-year capital expenditure (CAPEX) of PhP240 billion up to 2020 to ensure its organic growth. AGI’s CAPEX is intended to launch more development projects around the country, further increase its leasing capacities for its office buildings […]
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NAIA Consortium Granted Original Proponent Status

The Department of Transportation (DOTr) and the Manila International Airport Authority (MIAA) have granted to the “NAIA Consortium”—composed of Aboitiz Equity Ventures (PSE: AEV) subsidiary Aboitiz InfraCapital Inc., Ayala Corp. (PSE: AC) subsidiary AC Infrastructure Holdings Corp., Alliance Global Group Inc. (PSE: AGI), Asia’s Emerging Dragon Corp., Filinvest Development Corp. (PSE: FDC), JG Summit Holdings […]
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AGI to Start Skytrain Project this Year

INFRACORP Development Inc., the infrastructure company of Andrew Tan’s Alliance Global Group Inc. (PSE: AGI), is ready to start the proposed 2-kilometer Skytrain monorail project this year after the Department of Transportation (DOTr) granted it the “Original Proponent Status” (OPS). INFRACORP President Kevin L. Tan lauds the government’s ‘remarkable’ speed in reviewing the proposal. Related […]
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Consortium Formed to Rehabilitate, Maintain and Operate NAIA

Aboitiz InfraCapital Inc., AC Infrastructure Holdings Corp., Alliance Global Group Inc. (PSE: AGI), Asia’s Emerging Dragon Corp., Filinvest Development Corp. (PSE: FDC), JG Summit Holdings Inc. (PSE: JGS), and Metro Pacific Investments Corp. (PSE: MPI) have all agreed to form a consortium to rehabilitate, operate, and maintain the Ninoy Aquino International Airport (NAIA) through an […]
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PHStocks Exclusive: Top 30 Worst Performing Stocks in June

Manila—(PHStocks)—Yesterday, we presented the top 30 best performing stocks over the past month. This time around, it’s the top 30 worst performing stocks in June. Some of these stocks have risen during the month, before falling down again to their levels at June 30, upon which this ranking is based. Therefore, we cannot really say […]
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Alliance Global Q1 Net Profit Reaches PhP5.4B

Manila—(PHStocks)—Alliance Global Group Inc. (PSE: AGI) registered a net income of PhP5.4‐billion in the first quarter of 2017, up 2% from last year’s PhP5.3‐billion. The investment holding company of billionaire Dr. Andrew Tan attributed its improved performance to ongoing efforts in building more sustainable and higher margin businesses across its major subsidiaries. AGI’s consolidated revenues […]
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Alliance Global 9M Net Profit Grows 7% to PhP17.3B

Manila—(PHStocks)—Alliance Global Group Inc. (PSE: AGI), the investment holding company of tycoon Dr. Andrew L. Tan, recorded net income of PhP17.3 billion in the first nine months of the year, reflecting a growth of 7% year-on-year. This came on the back of cost efficiencies across all business segments, allowing for better operating margins as consolidated […]
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AGI to Spend More than PhP150B for Two-year Expansion Programs Across Businesses

Manila—(PHStocks)—Alliance Global Group Inc. (PSE: AGI), the investment holding company of tycoon Dr. Andrew L. Tan, is allocating more than P150-billion for this year until 2017 to finance the various expansion plans of its companies. “We continue to be optimistic about what lies ahead. That is why we have kept an aggressive capex plan moving […]
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