Overview
Alliance Global Group, Inc. (“AGI”) is one of
the leading conglomerates in the Philippines, with interests in property development,
food and beverage manufacture and distribution, quick-service restaurants and
integrated tourism development businesses. Incorporated on October 12, 1993,
AGI began operations in 1994 as a glass-container manufacturer after it
acquired a glass
manufacturing plant in Canlubang, Laguna. Immediately, the Company began its
diversification into the food and beverage and real estate industries, and,
in 2005, into the quick-service restaurant business. In 2007, it reorganized
to consolidate businesses controlled by Dr. Andrew L. Tan and family (“Tan
family”), specifically in the distilled spirit manufacturing and property
development. In 2008, the Company entered into integrated tourism
development, with gaming activities, by partnering with a leading
multinational leisure, entertainment and hospitality group. In 2011, AGI expanded
its integrated tourism estate development outside of Metro Manila,
particularly in the Calabarzon and Visayan regions, and in 2014, in Mindanao.
From 2013 to 2016, the Group expanded its spirits manufacturing business
abroad through business and asset acquisitions in Spain and United Kingdom.
The Group started acquiring vineyard lands and assets in Spain in early parts
of 2013 and 2014, and a brandy and sherry business in 2016. Also in 2014, the
Group acquired the 5th largest manufacturer of Scotch whisky in the world;
thus fortifying the distilled spirits business segment. The Group did
realignments and acquisitions also in the real estate segment starting in
2013 to 2016 while expansion of non-gaming facilities and offerings and quick-service
restaurants is ongoing.
Revenue
contribution by subsidiary groups in 2016 (in million pesos)
|
MEG
|
EMP
|
RWM
|
GADC
|
Others
|
Revenue
|
46,688
|
40,916
|
27,577
|
22,811
|
1,749
|
Percentage
|
33.41%
|
29.28%
|
19.74%
|
16.32%
|
1.25%
|
Subsidiaries /
Associates / Affiliates / Joint Ventures
EMPERADOR INC. (“EMP” or
“Emperador”) is
a publicly-listed domestic holding company which operates an integrated
business of manufacturing, bottling and distributing distilled spirits and other
alcoholic beverages from the Philippines and Europe. Through Emperador Distillers, Inc.
(“EDI”),
EMP has established its identity in the Philippine alcoholic beverages
business with steady growth and production of high quality liquor. EMP was
incorporated on November 26, 2001 under its former name, Touch Solutions,
Inc.
MEGAWORLD CORPORATION (“MEG”
or “Megaworld”),
a publicly-listed domestic company, is
one
of the leading property developers in the Philippines and MEG pioneered the
“live-work-play-learn” lifestyle concept for large-scale, mixed-use master
planned communities or townships that integrate residential, commercial,
leisure and entertainment, office and educational/training components.
Megaworld has three primary business segments: (1) real estate sales of
residential
and
office developments, (2) leasing of office space, primarily to business
process outsourcing
(“BPO”)
enterprises, and retail space, and (3) management of hotel operations. There
are subsidiaries of MEG such as Global-Estate
Resorts (GERI), Inc. Empire East Landholdings(ELI), Inc. Suntrust Properties,
Inc.
TRAVELLERS (“RWM”) are the developer and
operator of Resorts World Manila (RWM),
an integrated tourism resort in the Philippines. RWM is the first integrated
leisure and resort property in the Philippines that combines
privately-operated gaming facilities with hotel, retail, dining,
entertainment and other leisure amenities. Travellers was awarded one of the
first licenses issued by the Philippine
Amusement and Gaming Corporation (“PAGCOR”) in June 2008 to
construct and operate integrated leisure and gaming facilities to an international
standard with the goal of enhancing tourism in the Philippines. RWM, which
was the first site to be completed, opened in August 2009.
GOLDEN ARCHES DEVELOPMENT CORPORATION (“GADC”) is a domestic
corporation
engaged
in the operations and franchising of quick service restaurant business under
the
McDonald’s
brand in the Philippines and in accordance with the master franchise
agreement with
McDonald’s Corporation (“MCD”), a company
incorporated in Delaware and with principal offices
in
Illinois, USA. GADC was incorporated on July 16, 1980. It has P99.44 million
authorized and
paid
up common capital stock, 49% of which is held by AGI and the rest by its
founder, Mr. George
Yang
and his family. Its consolidated total assets amounted to P16.37 billion at
end-2016.
AGI
acquired its 49% interest in GADC on March 17, 2005 from McDonald’s Restaurant
Operations, Inc. (“MRO”), a subsidiary of MCD, both
of which are foreign corporations incorporated in the USA. MRO holds all of
GADC’s preferred shares Golden
Arches Realty Corporation (“GARC”) leases solely to GADC
parcels of land where McDonald’s restaurants and warehouses are situated. It
was incorporated on June 25, 2001 and, at present, has P99.4 million
authorized and issued common shares, 49% of which is held by AGI.
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