Overview
AGI was incorporated in the Philippines on October 12, 1993, and began operations in 1994 as a glass container manufacturer after it acquired a glass manufacturing plant in Canlubang, Laguna. After its listing on the PSE in 1999, the Company obtained approval from the Philippine SEC to broaden its primary business and become a holding company. That same year, the Company began acquiring a diverse group of businesses, primarily in the real estate and food and beverage industries.
History
-
In June 2003, the Company bid for and was awarded approximately 25 hectares of land in Fort Bonifacio, Taguig, Metro Manila, now known as McKinley Hill, that were owned by the Bases Conversion and Development Authority ("BCDA"), a Government agency organized to arrange for the disposal of Government-owned land occupied by military bases. The Company subsequently entered into a joint development agreement with Megaworld in July 2003 to develop this property.
-
In March 2005, AGI entered the quick-service restaurant industry through the acquisition of 49% of the common shares in GADC, a company owned and controlled by Mr. George Yang, the then-Chairman and President of AGI, from McDonald's Restaurant Operations, Inc. ("MRO").
- In February 2007, AGI acquired EDI, a company that had previously acquired the brandy manufacturing assets and related brands of Consolidated Distillers, which is owned and controlled by the Tan Family.
- In February 2007, AGI acquired an additional 26% of the shares in Megaworld, a company founded by Mr. Andrew Tan in 1989, in which it already owned 21% of the shares through its wholly-owned subsidiary New Town Land Partners, Inc. Megaworld was listed on the PSE on June 15, 1994.
- In February 2007, the Company was reorganized to consolidate various businesses controlled by Mr. Andrew Tan, who had been appointed Chairman and Chief Executive Officer of the Company in September 2006.
- 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 2017, the Group expanded its spirits manufacturing business abroad through acquisitions of rich heritage in Spain, United Kingdom and Mexico. The Group started acquiring vineyard lands, aged liquids and assets in Spain in the early parts of 2013 and 2014, and brandy and sherry wine assets in 2016 and 2017, which include the oldest bodegas in Spain, the first brandy in Jerez and Mexico and other well-known brands which the Group now owns. The Group owns the 5th largest Scotch Whisky manufacturer in the world with a history of more than 170 years, which was acquired in 2014; thus fortifying the distilled spirits business segment.
-
AGI begins diversifying into infrastructure in 2017 and, in 2018, received an original proponent status for its Skytrain monorail project and its consortium airport project.
-
In October 2021, MREIT, Inc., Megaworld's real estate investment trust (REIT) arm, made its debut on the Philippine Stock Exchange with an initial portfolio of nearly 225 square meters of gross leasable area (GLA) from 11 office towers located in Eastwood City in Quezon City; McKinley Hill in Taguig City; and Iloilo Business Park in Mandurriao, Iloilo.
-
In July 2022, Emperador, Inc. became the first Philippine Stock Exchange (PSE)-primary listed company to conduct a secondary listing on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST).
-
Also in July, Travellers International Hotel Group, Inc. rebranded Resorts World Manila into Newport World Resorts. Located within the 25-hectare Newport City complex in Pasay City, Newport World Resorts prides itself in being the most innovative, dynamic, and comprehensive leisure and entertainment complex in the country.
Milestone
![](/asm2024/sites/default/files/2019-10/1993m.jpg)
![](/asm2024/sites/default/files/2019-10/milestone-1993_0.jpg)
![](/asm2024/sites/default/files/2019-10/1994m.jpg)
![](/asm2024/sites/default/files/2019-10/milestone-1994_0.jpg)
![](/asm2024/sites/default/files/2019-10/1996m.jpg)
![](/asm2024/sites/default/files/2019-10/1996.jpg)
![](/asm2024/sites/default/files/2019-10/1999m.jpg)
![](/asm2024/sites/default/files/2019-10/1999.jpg)
![](/asm2024/sites/default/files/2019-10/2003m.jpg)
![](/asm2024/sites/default/files/2019-10/2003.jpg)
![](/asm2024/sites/default/files/2019-10/2005m.jpg)
![](/asm2024/sites/default/files/2019-10/2005.jpg)
![](/asm2024/sites/default/files/2019-10/2007m.jpg)
![](/asm2024/sites/default/files/2019-10/2007.jpg)
![](/asm2024/sites/default/files/2019-10/2008m.jpg)
![](/asm2024/sites/default/files/2019-10/2008.jpg)
![](/asm2024/sites/default/files/2019-10/2009m.jpg)
![](/asm2024/sites/default/files/2019-10/2009.jpg)
![](/asm2024/sites/default/files/2019-10/2011m.jpg)
![](/asm2024/sites/default/files/2019-10/2011.jpg)
![](/asm2024/sites/default/files/2019-10/2013m.jpg)
![](/asm2024/sites/default/files/2019-10/2013.jpg)
![](/asm2024/sites/default/files/2019-10/2014m.jpg)
![](/asm2024/sites/default/files/2019-10/2014.jpg)
![](/asm2024/sites/default/files/2019-10/2016m.jpg)
![](/asm2024/sites/default/files/2019-10/2016.jpg)
![](/asm2024/sites/default/files/2019-10/2017m.jpg)
![](/asm2024/sites/default/files/2019-10/2017.jpg)
![](/asm2024/sites/default/files/2019-10/2018m.jpg)
![](/asm2024/sites/default/files/2019-10/2018.jpg)
Vision & Mission
![](/asm2024/sites/default/files/2019-09/vision5.jpg)
Leadership
Other Officers
Ms. Inting has served as Chief Financial Officer since January 1995 and at present its Compliance Officer and Corporate Information Officer. She holds position in the following other listed company:
Listed Company | Position | Date First Elected | Date Last Elected | No. of Terms/ Years |
---|---|---|---|---|
Emperador Inc. | Chief Financial Officer, Compliance Officer and Corporate Information Officer |
Aug 2013 | May 2021 | 8 |
She is currently director of Progreen Agricorp, Inc. She gained an extensive experience in the fields of audit, comptrollership, treasury, finance, branch operations and personnel management from her previous employments in SGV & Co., Raffles & Company, Inc. and First Oceanic Property Management, Inc. She is a Cum Laude graduate of Bachelor of Science in Commerce major in Accounting, Honors Program, at the Philippine College of Commerce (Polytechnic University of the Philippines), holds a certificate in Organizational Development from the Ateneo de Manila University, and is a Certified Public Accountant.
Atty. Quintana has served as the Corporate Secretary since April 16, 2019. He is currently First Vice President for Legal – Landbank Management and Titling Department of Global-Estate Resorts, Inc. (“GERI”) since May 2018 and has been with GERI since 2011. He is also a Director of Boracay Newcoast Federation, Inc., Sherwood Hills Development, Inc., Global Shelter, Inc., La Compaña de Sta. Barbara, Inc., Pioneer L-5 Realty Corporation, and Golden Sun Airways, Inc. Prior to GERI, he worked as Corporate Legal Counsel of Fil-Estate Properties, Inc. from 1995-2011. He has a degree in Bachelor of Science in Commerce Major in Accounting from the University of San Carlos and obtained his Bachelor of Laws degree from the San Beda College of Law.
Ms. Baxa has served as Assistant Corporate Secretary since October 08, 2020. She holds position on the following other listed companies:
Listed Company | Position | Date First Elected | Date Last Elected | No. of Terms/ Years |
---|---|---|---|---|
Suntrust Home Developers, Inc. | Corporate Secretary and Corporate Information Officer | Oct 2020 | Oct 2021 | 1 |
Megaworld Corporation | Assistant Corporate Secretary | Oct 2020 | Jun 2021 | 1 |
Global-Estate Resorts, Inc. | Assistant Corporate Secretary | Oct 2020 | June 2021 | 1 |
Ms. Baxa is currently a Senior Accounting Manager of Megaworld Corporation. She is a Certified Public Accountant with over eighteen (18) years of experience in the fields of accounting and finance. Ms. Baxa concurrently serves as a Director of Bordeaux Properties, Inc., Langham Properties, Inc., Rowenta International, Inc., and Venetian Properties, Inc. Ms. Baxa obtained her Bachelor’s Degree in Accountancy from the University of Sto. Tomas.
![](/asm2024/sites/default/files/2019-09/board-committees2.jpg)
![](/asm2024/sites/default/files/2019-09/board-committees2.jpg)