Manila Times Business
Anglo Philippine Holdings Corporation
Business overview
Company backgroundAnglo Philippine Holdings Corporation was incorporated in 1958 originally as an oil and mineral exploration company under the name Anglo Philippine Oil Corporation.
In 1996, the company changed its primary purpose to an investment holding firm focused on infrastructure and property development and changed its corporate name to Anglo Philippine Holdings Corporation. The company maintains a 15.79% interest in MRT Development Corporation, which generates revenues from concessionaire rentals and advertising fees in MRT 3 stations.
Anglo Philippine Holdings Corporation is listed on the Philippine Stock Exchange under the ticker APO. The company has investments in natural resources, property development, and infrastructure through subsidiaries including Vulcan Materials Corporation, Anglo Philippine Power Corporation, Tipo Valley Realty, Inc., The Philodrill Corporation, Atlas Consolidated Mining & Development Corp., United Paragon Mining Corporation, and MRT Holdings, Inc.
Anglo Philippine Holdings Corporation assigned its subscription rights covering a 20.43% stake in Atlas Consolidated Mining and Development Corporation to Dominion Holdings Inc.
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