Alliance Global Group, Inc. poised for long-term growth
Alliance Global Group, Inc. (AGI), through its majority-owned subsidiaries, is paving the way for continued business growth in the long run. “Underpinned by Megaworld Corp., Emperador Inc., Travellers International Hotel Group, Inc. and Golden Arches Development Corp. (GADC), AGI’s vision is to increase shareholder value via higher stock returns and consistent dividend payouts,” AGI’s president, Kingston U. Sian, said in a statement.
|Sta. Barbara Heights, a Megaworld development in Iloilo|
“Our steadfast focus, being one of our greatest strengths, coupled with having dominance in township real estate, liquor, gaming, and quick service restaurant (QSR) makes us a compellingly strategic investment,” Mr. Sian added.
In Dr. Andrew L. Tan’s Message from the Chairman taken from the newly released annual report of AGI, he said, “We look forward with utmost confidence and optimism that the years ahead will bring us to a new level of growth on a global scale. We are leveraging on a significant measure of success to pursue greater goals, made more reassuring by a highly consumer-centric portfolio, contributing to the country’s economy.”
|Resorts World Manila is operated by Travellers International|
Megaworld is the undisputed township developer that happens to be the fastest growing landlord this year, particularly in terms of rental income. It also recently announced the development of an almost 36-hectare property in San Fernando, Pampanga for PHP30 billion. And in liquor, Dr. Tan is reintroducing an iconic brand, Andy Player Whisky after 25 years of absence. Meanwhile, Travellers International continues to expand Resorts World Manila where the Marriott Grand Ballroom – the largest ballroom in the country – just opened last April.
Three of AGI’s major subsidiaries – Emperador, Megaworld, and Travellers International (operator of Resorts World Manila) are also publicly traded on the Philippine Stock Exchange. GADC holds the exclusive right to operate restaurants in the Philippines under the “McDonald’s” brand and is the second largest QSR chain in the country./PR