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AG Holdings Limited is the holding company for the Ayala group’s international property investments in the United States and Asia.
2010 Highlights • Restructured investments in North America and took a P1.7 billion provision to focus on more lucrative markets • Successfully opened the Seasons Marketplace in Milpitas, California in May • Asian portfolio yielded healthy returns; fully divested investment in Foshan, China achieving substantial return ahead of plan • Successfully closed its first investment in a condominium project in a prestigious residential district in Singapore, achieving 50% lease-out rate by end 2010 • Launched Phase 1 of Concordia residential project in Macau in April and sold 97% of units by year-end 
Ayala Foundation Inc. is the social development arm of the Ayala group. It is a non-stock, non-profit organization committed to improving the quality of life of Filipinos through its programs in education, the environment, entrepreneurship, social development,and art, history and culture. 2010 Highlights • Organized programs focused on education, leadership, environment, technology, entrepreneurship, community development, and art and culture • Raised P45 million for various AFI projects through the newly-formed Resource Development Department • Connected 523 public high schools to the Internet bringing the total to 3,040 under the Gearing up Internet Literacy and Access for Students (GILAS) consortium • Transformed Ayala Foundation USA to Philippine Development Foundation (PhilDev), a U.S.-based organization committed to promoting science, technology, business, and education for the social and economic development of the Philippines • Launched through the Ayala Museum programs in various art forms, including design and music • Launched MyLibrary through the Filipinas Heritage Library, to engage various stakeholders in rebuilding community libraries all over the country
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