Anchor Land Holdings, Inc. (ALHI) Stock Price

6.00%
Price Data
₱5.30
₱5.30
₱5.00
₱7.99
₱4.01
Market Data
₱2,120
₱5.51 Billion
35.33
₱0.150
₱8.12

Company Profile
Anchor Land Holdings, Inc. (ALHI) was incorporated on July 29, 2004 to primarily engage in real estate development and marketing, focusing initially in high-end residential condominiums within the Manila area. The Company traced its roots to Anchor Properties Corporation (APC), which was incorporated on July 15, 2003. APC commenced commercial operations on April 30, 2004, simultaneously with the start of the construction of its Lee Tower project. On December 13, 2006, the Board and stockholders of ALHI approved the plan of merger with APC, with ALHI as the surviving entity. Both companies are substantially under common control and the merger of the two companies was done to consolidate their real estate projects under one group. ALHI developed projects within Manila but expanded to the cities of Pasay, Parañaque and San Juan. These projects include the Mayfair Tower; Mandarin Square; Solemare Parksuites; Wharton Parksuites; Admiral Baysuites; and Clairemont Hills Parksuites, the Centrium, among others. ALHI primarily caters to the Filipino-Chinese community. The Company's key operating subsidiaries are Anchor Properties Corporation; Posh Properties Development Corporation; Gotamco Realty Investment Corp.; Nusantara Holdings, Inc.; Admiral Realty Co., Inc.; Momentum Properties Management Corporation; 1080 Soler Corp.; Basiclink Equity Investment Corp.; Globeway Property Ventures, Inc.; Anchor Land Hotels & Resorts, Inc.; and Frontier Harbor Property Development, Inc. Source: SEC Form 17-A (2022)
Stock Information
Sector
Property
Subsector
Property
Outstanding Shares
1,040,001,000
Share Type
Common
ISIN
PHY7748A1026
100