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Alphaland takes in new investors

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Alphaland Tower on Ayala Avenue in Makati. The upscale property developer Alphaland Corp. has firmed up a stock rights offering to minority shareholders, citing the need to protect them from dilution following a recent capital call.

While battling a delisting move by the Philippine Stock Exchange, Alphaland Corp. has taken in new foreign investors to widen the company’s public float to meet the minimum 10 percent requirement.

Posted: April 8th, 2014 in Latest Business Stories | Read More »

Alphaland to appeal delisting from PSE

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ALPHALAND Tower on Ayala Avenue. FILE PHOTO

The decision of the Philippine Stock Exchange to initiate a delisting process against Alphaland Corp. is “grossly unfair,” according to the legal counsel of businessman Roberto V. Ongpin who leads the property developer.

Posted: March 13th, 2014 in Latest Business Stories | Read More »

Ramon Ang quits Alphaland, Philweb boards

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SMC president Ramon S. Ang: Confirmation

San Miguel Corp. president Ramon S. Ang has stepped down from the boards of property developer Alphaland Corp. and gaming firm Philweb Corp., both led by businessman Roberto V. Ongpin.

Posted: March 12th, 2014 in Latest Business Stories | Read More »

Ongpin, partner clash over marina club project

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A squabble has erupted between the group of businessman Roberto V. Ongpin and the Wenceslao family, the partner of Ongpin-led Alphaland Corp. in its marina club project in Manila Bay.

Posted: February 25th, 2014 in Editor's Pick,Headlines | Read More »

Ongpin-Ashmore row worsening

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British fund Ashmore has refuted allegations made by estranged business partner, the group of businessman Roberto V. Ongpin, that it had violated securities laws when it allegedly “misrepresented” a share sale deal involving property developer Alphaland Corp. in 2012.

Posted: January 24th, 2014 in Editor's Pick,Headlines | Read More »

Ashmore execs in hot water

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Alphaland Tower on Ayala Avenue in Makati. The upscale property developer Alphaland Corp. has firmed up a stock rights offering to minority shareholders, citing the need to protect them from dilution following a recent capital call.

The management of property developer Alphaland Corp. has filed a complaint at the Securities and Exchange Commission against two executives of British fund Ashmore over their alleged misrepresentation of a 2012 equity deal.

Posted: January 23rd, 2014 in Headlines | Read More »

Ongpin group raises Alphaland stake to 50.57%

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Businessman Roberto Ongpin  INQUIRER FILE PHOTO

Former trade minister Roberto V. Ongpin and his associates have raised collective interest in property developer Alphaland Corp. to 50.57 percent, diluting the interest held by British fund Ashmore with which business relationship has turned sour.

Posted: January 21st, 2014 in Latest Business Stories | Read More »

Biz Buzz: Oops … ABS-CBN telco goes live

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The final launch date for ABS-CBN’s telco service, which is expected to create a third industry player after rivals PLDT and Globe, has been a closely guarded secret since the plan was announced months ago.

Posted: November 20th, 2013 in Headlines | Read More »

Alphaland opens leisure club in Makati

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Alphaland Tower on Ayala Avenue in Makati. The upscale property developer Alphaland Corp. has firmed up a stock rights offering to minority shareholders, citing the need to protect them from dilution following a recent capital call.

Upscale property developer Alphaland Corp. has opened the newest private leisure club in the metropolis, The City Club, an integral component of its mixed-use complex on Ayala Avenue Extension.

Posted: September 6th, 2013 in Latest Business Stories | Read More »

Alphaland expands resort capacity

Property developer Alphaland Corp. is expanding the capacity of flagship island-resort project Balesin Island Club this year and is seeking government authority to allow members to fly from overseas locations straight into the airstrip of the upscale leisure estate.

Posted: April 3rd, 2013 in Headlines | Read More »

Alphaland clears PSE compliance requirement

Upscale property developer Alphaland Corp. has complied with the 10-percent minimum public ownership required by the Philippine Stock Exchange, paving the way for the resumption of trade on its shares.

Posted: February 22nd, 2013 in Headlines | Read More »

Alphaland seeks lifting of trading suspension

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alphaland-logo

Upscale property developer Alphaland Corp. has beefed up its public ownership to meet the 10-percent minimum requirement of the Philippine Stock Exchange for continued listing.

Posted: January 6th, 2013 in Latest Business Stories | Read More »

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