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...
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...
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...
Despite the economic malady instigated by the Covid-19 pandemic, Alcantara-led firm Alsons Consolidated Resources Inc. (ACR) posted significant jump on its income to P1.66 billion in the three quarters this 2020, from last year’s leaner P578.70 million. Given the brisk financial performance of...
