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AG Holdings is the holding company for the Ayala group’s international property investments.
2007 Highlights
- Established AG Holdings Limited as the new international holding company for the Ayala group
- Posted net profit of US$12 M
- Sold 23.3% interest in Hermill in first quarter of 2007
- Transferred part of AG Holdings’ stakes in the Macau Concordia project and two residential projects in Thailand to ARCH Capital Asian Partners
- Completed fund raising for ARCH Capital’s first fund, ARCH Capital Asian Partners, amounting to US$330 M
Strategic Initiatives
- Widen involvement in China, pursue additional investments in India and Thailand
- Preserve capital in existing investments in the U.S. and position for opportunities arising from the market fallout
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Consolidated Highlights
(in million pesos, except per share amounts and ratios)
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2007 |
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| Total Assets |
137,136 |
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| Total Liabilities |
7,368 |
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| Stockholders’ Equity |
129,768 |
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| Net Income |
12,063 |
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| Not listed/publicly traded |
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| AG Holdings Limited |
250 North Bridge Road
#37-02 Raffles City Tower
Singapore 179101
Tel (65) 6311 5155
Fax (65) 6311 5168
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