Alsons Power-Zamboanga The Alsons Power Group’s San Ramon Power, Inc. (SRPI) recently turned over 205 reams or more than 100,000 sheets of bond paper to eight public schools located in SRPI’s host barangays of Sinubong, Pamucutan, and Talisayan, Zamboanga City. The SRPI donation will enable the...
The core net earnings of Alcantara-led firm Alsons Consolidated Resources Inc. (ACR) had been 29-percent higher to P871.16 million in January to June this year versus last year’s P672.97 million. In the second quarter alone, the company specified that its financial outcome also improved with...
Alcantara-led Alsons Consolidated Resources Inc. (ACR) has listed the P1.4 billion first tranche of its commercial papers (CP) issuance with the Philippine Dealing and Exchange Corporation (PDEx), the company announced on Friday. That fraction of the issuance will be the initial part of the P3.0...
Alcantara-led Alsons Consolidated Resources Inc. has secured the approval of the Securities and Exchange Commission (SEC) on its proposed P2.0 billion worth of 182-day Series O commercial papers (CP) issuance. “The foregoing commercial papers represent the first tranche of commercial papers that...
In line with its investment shift to renewable energy, Alcantara-led Alsons Consolidated Resources Inc. (ACR) said the commercial operation of its first 14.5-megawatt Siguil hydropower project is on track. During the company’s annual stockholders’ meeting on May 20, ACR Executive Vice President...
Alcantara-led Alsons Consolidated Resources Inc. (ACR) registered increase in its first quarter net earnings to P379 million versus year ago’s P310 million. The income attributable to the parent firm has also gone up to P93 million compared to a leaner P55 million within the same three-month...
Alcantara-led firm Alsons Consolidated Resources Inc. (ACR) was among the very few companies that financially flourished last year despite the economic assault of the Covid-19 pandemic – with the company practically doubling its full year net-income to P1.87 billion from a leaner P974 million in...
Businessman Tomas I. Alcantara has retired as chairman and president of publicly listed Alsons Consolidated Resources Inc. (ACR), one of the country’s largest conglomerates, effective March 1 this year due to health reasons. Tomas I. Alcantara (Photo credit: https://www.acr.com.ph) Taking his...
Alsons Consolidated Resources, Inc. (ACR) is planning to raise P2 billion from the issuance of commercial papers (CPs) as the first tranche of its new commercial paper program of up to P3.0 billion. In relation to this, Philippine Rating Services Corporation (PhilRatings) said it has assigned...
Alcantara-led firm Alsons Consolidated Resources Inc. (ACR) has inked a deal for its programmed P6.0 billion fixed rate corporate notes issuance, the proceeds of which will partly bankroll its renewable energy projects and to refinance existing loans. The company, in a disclosure to the Philippine...
Alcantara-led Alsons Consolidated Resources Inc. has secured the approval of its board for the targeted issuance of P3.0 billion worth of commercial papers (CPs) as part of its forward fund-raising activity. The company said the CPs are “to be issued in one or more tranches,” within the...
The APEC Business Advisory Council (ABAC) Philippines has urged the 21-member countries of the Asia Pacific Economic Cooperation to accelerate cooperation leveraging digital technologies to overcome further decline as economies continue to battle the impact of the pandemic. In a recent virtual ABAC...
