Alliance Global Stock News

Take advantage of pre-selling units to get the best location and options There is a whole new world waiting to be discovered when you live near the business districts of Metro Manila. Aside from work opportunities, everything is accessible including all your necessities in life plus plenty of options for leisure, relaxation, dining, and entertainment. Suntrust Properties, now on its 24th year of providing an ideal home for hardworking Filipinos and overseas workers, is presenting two residential condo projects rising near Metro Manilas central business districts (CBDs). These two projects are Suntrust Kirana, soon to rise in Pasig City; and Suntrust Ascentia, which is located in Santa Ana, Manila. We are very proud to present these two new projects because these would be perfect for young professionals who are starting their careers, or young couples looking for a place to start a family. Since both projects are located at the center of progress, each unit owner will also be part of the progress since they will be at the center of everythingthe gateway to a better life, said Christine Santiago, Senior Manager for Marketing and Sales Operations, NCR Vertical Projects.

PROPERTY giant Megaworld Corp. on Monday said it will develop a sustainable boutique hotel and shophouse district in its 462-hectare Palawan eco-tourism township, Paragua Coastown. In a disclosure, the property arm of the Alliance Global Group Inc. said they expect to garner around P5 billion in sales from the project. The Mercato Shophouse District will offer 240 lots, while the Porto Hotel District will have 450 square meters (sqm) to 1,199 sqm for boutique hotels. "This district that we are developing in Kemdeng will have close access to the coastline of Long Beach Area of San Vicente, which has been designated as a Tourism Enterprise Zone (TEZ) of the Tourism Infrastructure and Enterprise Zone Authority (TIEZA)," Megaworld Palawan head of sales and marketing JR Abustan was quoted as saying. Megaworld noted that TEZs have special incentives for tourism-related businesses, including tax holidays. The Mercato Shophouse District and the Porto Hotel District will be interconnected and will have direct access to San Vicente Town Proper and the San Vicente Airport.

ALLIANCE Global Group Inc. (AGI) has been buying back its common shares. It bought back on Oct. 11, 2021 a total of 2,300,300 common shares, which AGI divided into 78,900 common shares at P10.38 per share; 2.01 million common shares at P10.36 per share; 205,000 common shares at P10.34 per share; and 6,400 common shares at P10.32 per share. The Philippine Stock Exchange (PSE) says it has 9,645,261,579 outstanding AGI common shares. AGI''s public ownership report (POR) placed it at 9,650,045,579 outstanding AGI common shares. AGI bought back 1.535 million common shares on Oct. 12, 2021: bought back 10,000 AGI common shares at P10.46 per share; 65,000 common shares at P10.44 per share; 45,000 common shares at P10.42 per share; 466,300 common shares at P10.40 per share; 120,000 common shares at P10.38 per share; and 828,700 common shares at P10.30 per share. The company''s buybacks as of Oct. 12, 2021 totaled 1.535 million AGI common shares with AGI''s outstanding common shares reduced to 9,643,726,579 shares.

Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. (AGI) grew its nine-month attributable net profit by 106 percent year-on-year to P12 billion, driven by the robust growth in earnings contributed by its property and liquor operations and the turnaround of its gaming resort and fast-food businesses. For the third quarter alone, attributable net income jumped [] The post Improving businesses pump Alliance Global profits to hit P12B appeared first on Inquirer Business .