AyalaLand Logistics Holdings Corp. (ALLHC), formerly Prime Orion Philippines, Inc. (POPI), was incorporated in 1989 as an investment holding company, and had interests in real estate, manufacturing, finance and non-life insurance. On February 14, 2016, ALLHC entered into a Deed of Subscription with Ayala Land, Inc. (ALI) whereby ALI agreed to subscribe to 2.5 billion shares of stock of ALLHC (equivalent to 51.06% of the equity of ALLHC) to be taken from the increase in ALLHC’s authorized capital stock. ALLHC applied for increase in its authorized capital stock from P 2.4 billion to P 7.5 billion which increase was approved by the Securities and Exchange Commission (SEC) on July 4, 2016. With the entry of ALI, ALLHC has shifted its focus to the core business of real estate and property development. And with the acquisition of Laguna Technopark, Inc. last May 2018, ALLHC envisions to be the leading developer and operator of real estate logistics and industrial parks in the Philippines.
AyalaLand Logistics Holdings Corp. (ALLHC), formerly Prime Orion Philippines, Inc. (POPI), was incorporated in 1989 as an investment holding company, and had interests in real estate, manufacturing, finance and non-life insurance. On February 14, 2016, ALLHC entered into a Deed of Subscription with Ayala Land, Inc. (ALI) whereby ALI agreed to subscribe to 2.5 billion shares of stock of ALLHC (equivalent to 51.06% of the equity of ALLHC) to be taken from the increase in ALLHC’s authorized capital stock. ALLHC applied for increase in its authorized capital stock from P 2.4 billion to P 7.5 billion which increase was approved by the Securities and Exchange Commission (SEC) on July 4, 2016. With the entry of ALI, ALLHC has shifted its focus to the core business of real estate and property development. And with the acquisition of Laguna Technopark, Inc. last May 2018, ALLHC envisions to be the leading developer and operator of real estate logistics and industrial parks in the Philippines.
AyalaLand Logistics Holdings Corp. (ALLHC), formerly Prime Orion Philippines, Inc. (POPI), was incorporated in 1989 as an investment holding company, and had interests in real estate, manufacturing, finance and non-life insurance. On February 14, 2016, ALLHC entered into a Deed of Subscription with Ayala Land, Inc. (ALI) whereby ALI agreed to subscribe to 2.5 billion shares of stock of ALLHC (equivalent to 51.06% of the equity of ALLHC) to be taken from the increase in ALLHC’s authorized capital stock. ALLHC applied for increase in its authorized capital stock from P 2.4 billion to P 7.5 billion which increase was approved by the Securities and Exchange Commission (SEC) on July 4, 2016. With the entry of ALI, ALLHC has shifted its focus to the core business of real estate and property development. And with the acquisition of Laguna Technopark, Inc. last May 2018, ALLHC envisions to be the leading developer and operator of real estate logistics and industrial parks in the Philippines.