C04777-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 9,051,871,679 | |
Treasury | 1,217,956,300 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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ANDREW TAN’S AGI REMAINS PH’S BIGGEST HOTEL DEVELOPER, SETS NEW EXPANSION PLANS |
Background/Description of the Disclosure |
Alliance Global Group, Inc. (AGI) is cementing its leadership as the country’s biggest hotel developer and operator with close to 7,500 room keys spread across 19 international and home-grown operating hotel properties located all over the country. By 2028, the Group will grow its hotel capacity to around 11,000 room keys with the addition of six (6) new big hotels to its portfolio under the Megaworld Hotels & Resorts brands located in various townships throughout the country as it aims to solidify its market dominance in the country’s fast-growing tourism sector being the largest hotel developer and operator in the Philippines. |
Other Relevant Information |
See the attached SEC Form 17-C. |
Name | Alan Quintana |
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Designation | Corporate Secretary |