Megaworld’s P12B bond offer oversubscribed

Posted by & filed under Megaworld Corporation.

In the photo from left are China Bank Capital Corporation Managing Director and Head of Origination and Client Coverage Virgilio O. Chua, BDO Unibank, Inc. Senior Executive Vice President Walter Wassmer, BDO Capital & Investment Corporation President Eduardo V. Francisco, Megaworld Corporation Senior Vice President – Business Development and Leasing Jericho P. Go, Megaworld Senior… Read more »

Tycoon Andrew Tan receives Global Excellence Award

Posted by & filed under Alliance Global Inc..

The International Chamber of Commerce Philippines (ICCP) gave tycoon Dr. Andrew L. Tan the Global Excellence Award in ceremonies held during the 42nd Philippine Business Conference at the Marriott Hotel on Thursday night. The award recognizes Tan, who chairs the conglomerate Alliance Global Group Inc. that owns Megaworld, Emperador, Travellers International (operator of Resorts World Manila) and… Read more »

Megaworld spending P8.5B for hotel expansion

Posted by & filed under Megaworld Corporation.

The developer will build a total of 5 more hotels in Boracay, Manila, and Cebu. GOAL. By 2020, Megaworld’s Andrew Tan says his firm’s 3 local hotel brands will have a total of around 3,800 hotel rooms. Photo by Rob Reyes/Rappler MANILA, Philippines – Andrew Tan-led Megaworld Corporation is spending P8.5 billion to expand its… Read more »

Emperador 2015 profit up 15% on acquisitions

Posted by & filed under News.

Andrew Tan’s Emperador Inc., now the world’s largest brandy company, reported a 15 percent hike in net income to P7 billion last year as sales surged with recent acquisitions overseas. In a disclosure to the Philippine Stock Exchange, Emperador said its revenues jumped 36.25 percent to P43.6 billion last year, inclusive of foreign operations, from… Read more »

Megaworld earmarks P55B to build malls, buy land

Posted by & filed under Megaworld Corporation.

Megaworld

RIDING THE BOOM. Megaworld’s Jericho Go showing off some of the new towers of the property firm. File photo by Chris Schnabel/Rappler MANILA, Philippines – Andrew Tan-led Megaworld Corporation set a capital spending budget of P55 billion ($1.17 billion) this year, mainly to build more office buildings and shopping malls that will boost its rental… Read more »

Andrew Tan’s Emperador buys Spain’s Fundador

Posted by & filed under Alliance Global Inc..

Cover

By: Tina Arceo-Dumlao NEW FUNDADOR OWNER Emperador Inc. chair Andrew Tan (third from left) visits Bodegas Fundador in Jerez, Spain with son Kevin (second from left) and Emperador president Winston Co after announcing to almost 200 Spanish employees that the Filipino firm is buying Spain’s oldest and largest brandy. CONTRIBUTED PHOTO LISTED liquor company Emperador… Read more »