Alliance Global Group Inc. (AGI), the holding company of tycoon Andrew Tan, is confident that its growth trajectory remains intact, credit to a diversified investment portfolio that keeps it resilient against ongoing geopolitical challenges. “We entered 2026 with a strong balance sheet and...
Empire East Land Holdings Inc., the middle-income housing arm of tycoon Andrew Tan’s Megaworld Corp., continues to bank on strong demand from overseas Filipino workers (OFWs) despite the conflict in the Middle East, as they remain a stable end-user market. During the firm’s annual...
Top township developer Megaworld Corp. raised ₱1.86 billion through the sale of equity in its real estate investment trust (REIT) and its integrated resort subsidiary. In a disclosure to the Philippine Stock Exchange on Monday, Dec. 22, Megaworld said the company sold 98 million shares of MREIT...
Spirits and real estate billionaire Andrew Tan has begun transferring ₱1.83 billion worth of Emperador Inc. shares to his holding company, Alliance Global Group Inc., locking in a roughly 16 percent gain on the stake he acquired in May and June. In a disclosure to the Philippine Stock Exchange,...
Andrew Tan’s Travellers International Hotel Group Inc. is taking majority control over the development of the Westside Integrated Resort, as its foreign-controlled partner Suntrust Resort Holdings Inc. has agreed to reduce its stake in the project to 20 percent due to financial challenges. In a...
Alliance Global Group Inc. (AGI), the conglomerate led by tycoon Dr. Andrew L. Tan, reported a 39-percent jump in net income to ₱19.2 billion in the first half of the year, driven largely by the increasing contribution from its real estate business and tourism-related segments, on the back of...
Tycoon Andrew Tan has resumed buying shares of Emperador Inc. from the stock market, this time spending ₱160 million for 10 million common shares. In a disclosure to the Philippine Stock Exchange (PSE), Emperador said Tan’s privately held The Andresons Group Inc. bought the 10 million shares...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Andrew Tan, is expanding its leisure and hospitality businesses under During the firm’s annual stockholders’ meeting, AGI Chairman Tan said that, “leveraging AGI 's unrivaled land bank, we are building even more...
Businessman Andrew Tan, through his private real estate investment company Emperador Properties, has acquired a 14-hectare mixed-use urban complex Caleido located within the Cinco Torres Business District in Madrid, Spain. Caleido was conceived with a clear objective-to create an attractive,...
While its whisky business currently faces challenges resulting in lower sales and earnings, global liquor conglomerate Emperador Inc. continues to expand its facilities as it is optimistic of a turnaround and looks forward to a growing market over the medium to long term. “We are seeing a...
The advertising industry will be the clear winner when more casino operators try to jump on the online gaming bandwagon since these new players will have to spend billions of pesos monthly just to get a foot into the market and take some market share away from the first movers. Unicapital...
Tycoon Dr. Andrew Tan has so far invested ₱1.33 billion as he continues to mop up shares of Emperador Inc., which faces removal from the Philippine Stock Exchange’s benchmark index if the public float falls below 20 percent. Emperador disclosed to the Philippine Stock Exchange that Tan’s...
