Billionaire Andrew Tan’s township developer Megaworld Corporation reported a 39 percent growth in net income to P13.5 billion in the first nine months of 2023 as it posted double-digit growth across all core business segments. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
Tycoon Andrew Tan-led Alliance Global Group Inc. (AGI) surpassed its pre-pandemic performance with net income rising 19 percent to P14.2 billion in the first six months of 2023 from its year ago level of P12 billion. In a disclosure to the Philippine Stock Exchange, the firm said this was achieved...
Alliance Global Group Inc. (AGI) is optimistic that its gaming and tourism businesses will much stronger this year specially with the expected reopening of China which will release a huge wave of revenge spending. In an interview, AGI Vice Chairman and CEO Kevin Tan said they are currently taking...
Alliance Global Group Inc. (AGI), the investment arm of tycoon Andrew Tan, reported a slight decline in net income to P17.1 billion in the first nine months of 2022 from the P17.33 billion posted in same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its...
Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, posted a 3 percent decline in attributable profit to P8.2 billion while reported net income dipped 6 percent to P12 billion. In a disclosure to the Philippine Stock Exchange, AGI said consolidated revenues rose by...
Travellers International Hotel Group Inc., the leisure and hospitality arm of the Andrew Tan Group, has renamed its flagship Resorts World Manila (RWM) to Newport World Resorts. In a statement, Newport World Resorts said “the country’s premier lifestyle and entertainment destination Resorts...
Alliance Global Group Inc. (AGI), the investment arm of tycoon Andrew Tan, is increasing its capital expenditure budget by 33 percent to P60 billion this year. The firm said in a disclosure to the Philippine Stock Exchange that the higher capex budget is in preparation for a further improvement in...
Alliance Global Group, Inc. (AGI), the investment arm of tycoon Andrew Tan, more than doubled its net income to P23.8 billion last year from the P10.26 billion posted in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its earnings were bolstered by the resurgence in activities...
Alliance Global Group, Inc. (AGI) is planning to infuse P7.8 billion in gaming and leisure subsidiary Travellers International Hotel Group, Inc. which is increasing its paid-up capital. In a disclosure to the Philippine Stock Exchange, AGI said “The infusion of fresh capital to augment the...
Alliance Global Group, Inc. (AGI), the investment arm of tycoon Andrew Tan, posted a hefty 173 percent jump in net income to P17.3 billion in the first nine months of 2021 from P6.4 billion during the same period last year. In a disclosure to the Philippine Stock Exchange, the firm attributed its...
Alliance Global Group Inc., the investment arm of tycoon Andrew Tan, is now gearing up to develop its casino project in Boracay Newcoast after the President Rodrigo Duterte lifted his ban on the development of casinos on the world-famous resort island. “We will proceed with our casino project in...
Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, tripled its net income to P12.8 billion in the first half of 2021 from P4.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said earnings were boosted by its...
