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...
MREIT, Inc. reported a 147 percent surge in attributable net income to P1.99 billion in the first nine months of 2022 from P807 million in the same period last year after it expanded its portfolio. In a disclosure to the Philippine Stock Exchange, the real estate investment trust of Megaworld...
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...
Because it's pick.a.roo's second anniversary This month of August is a milestone for pick.a.roo as it celebrates its second year—with a lot of great news to share. Put up by co-founders Kevin L. Tan and Crystal Gonzalez in 2022 during the pandemic, it was a feat in itself to provide a solution to...
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...
MREIT, Inc., the real estate investment trust of top office landlord Megaworld Corporation, reported a distributable income of P638 million for the second quarter of 2022 sustaining its strong performance in the previous quarter. In a statement, the firm said it also closed the second quarter of...
Emperador Inc., a leading global spirits firm controlled by tycoon Dr. Andrew Tan, saw it share prices rise in both Singapore and the Philippines after the listing of its shares in the Singapore Exchange Securities Trading Limited (SGX-ST). The firm’s listing at the...
Township developer Megaworld Corporation expects to continue recovering this year from the impact of the pandemic and sees stronger growth compared to 2021. “We already started to focus on growth again. Consequently, we are targeting higher reservation sales this year, and are expanding our...
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...
Megaworld Corporation is increasing its planned capital expenditures by 39 percent this year to P50 billion as it banks on improved mobility and a more revitalized economy this year. In a statement, the firm said around 75 percent of this year’s budget will be spent for real estate developments,...
Emperador Inc. is raising its capital expenditure budget to expand its overseas whisky business while sister company Megaworld Corporation is expanding its reach in the domestic front. During the Emperador’s annual stockholders’ meeting, is was disclosed that the firm increasing its capital...
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...
