Tuesday, February 6, 2018

Alsons Consolidated Resources, Inc. (ACR)

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For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Alsons Consolidated Resources, Inc. (ACR)
Sector
Industrial
Incorporation Date
Dec 24, 1974
Subsector
Electricity, Energy, Power & Water
Number of employees
 411 (Group Total)
Board of Directors
Chairman: Tomas I. Alcantara
Website / E-mail
http://www.acr.com.ph / legal@alcantaragroup.com
2. Stock Information
Total Assets
32,639,641,627
Market Capitalization
8,493,525,000.00
Total Liabilities
21,975,459,391
Outstanding Shares
6,291,500,000
Retained Earnings
2,326,207,767
Listed Shares
6,291,500,000
Listing Date
Apr 12, 1993
Issued Shares
6,291,500,000
Board Lot
1,000
Free Float Level (%)
20.02%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
ALSONS CORPORATION
ALSONS POWER HOLDINGS CORP.
ALSONS DEVELOPENT AND INVESTMENT CORP.
PCD NOMINEE CORP. (FILIPINO)
PCD NOMINEE CORP. (NON-FILIPINO)
41.21%
19.87%
18.89%
17.46%
02.07%
4. Company Descriptions and Business Development
Notes
1. MPI’s Global Business Power Corp bought 50% stake in Alsons Thermal Energy Corp. (ATEC) in 2017.
2. Tomas I. Alcantara, Alejandro I. Alcantara and Editha I Alcantara are siblings.
Conrado C. Alcantara is their nephew.
Overview
It was incorporated as Victoria Gold Mining Corporation but changed its name to ACR later.
Some of the Alcantara Group’s established businesses are under ACR. Its core businesses are Energy and Power, Property Development and Other Investments.

Business
Revenue contribution in 2016
Energy and Power
Estate sales
Management fees
Rental income
7,077,431,332
9,616,156
7,610,515
12,139,877
99.59%
0.14%
0.11%
0.17%


Energy and Power
It has four (4) operating diesel and bunker fired power plants with total capacity 258 MW, all of which are located in Mindanao. Besides, through a subsidiary SEC, it completed a 105 MW coal-fired power plant in 2016. The second phase of the coal-fired plant with another 105 MW capacity is under construction.
Property Development
Through a subsidiary, ALC, it was involved in developing 700 ha Eagle Ridge Golf & Country Club. It is a JV with Sta. Lucia Realty Development. It is developing other real estate including Kamanga Agro-Industrial Economic Zone.
Other Investments
Through a subsidiary, it is involved in developing Manat Mining Claims.

Subsidiaries / Associates / Affiliates / Joint Ventures
Conal Holdings Corporation (CHC, 100%) owns all diesel power plants.
Alsing Power Holdings, Inc (Alsing) is developing Siguil/Kalaong  Hydro power plants.
Alsons Renewable Energy Corporation (100%)
Alsons Thermal Energy Corporation(100%) holds 75% stake in 210 MW Sarangani Energy Corp.(SEC)
Alsons Land Corporation(ALC)
ACR Mining Corporation(9%)

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