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Alsons Consolidated Resources, Inc.

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Company Description
Alsons Consolidated Resources, Inc. (ACR) was incorporated on December 24, 1974 as Victoria Gold Mining Corporation to engage in the business of exploration of oil, petroleum and other mineral products. In June 1995, the corporate name was changed to its present name to mark the entry of the Alcantara Group (AG). ACR's primary purpose was subsequently changed to that of an investment holding company with oil exploration as secondary purpose. On October 10, 1996, ACR completed its reorganization through a series of stock swaps, and as a result, some of the AG's established businesses became majority- or minority-owned subsidiaries of ACR.

ACR's core businesses, conducted through its various subsidiaries and associates, are grouped into main categories consisting of energy and power, property development, and other investments. ACR's investment in the energy and power business is through four holding firms, namely, Conal Holdings Corporation, Alsing Power Holdings, Inc., Alsons Renewable Energy Corporation, and Alsons Thermal Energy Corporation. The Company also has four operating power generation subsidiaries, all of which are located in Mindanao.

ACR, through its energy and power units, is also conducting feasibility studies on renewable energy projects. ACR also has a wholly-owned subsidiary, Alsons Power International Limited, which handles the development of the power plant projects of ACR outside the country.

The Company is also engaged in property development through its subsidiaries, Alsons Land Corporation and Kamanga Agro-Industrial Economic Development Corporation. In terms of other investments, ACR is involved in the mining sector through ACR Mining Corporation, and in the product distribution business, Market Developers, Inc.

Source: SEC Form 17-A (2017)
Security Information
Sector Industrial
Subsector Electricity, Energy, Power & Water
Corporate Life 50
Incorporation Date Dec 24, 1974
Number of Directors 11
Stockholders' Meeting as per By-Laws May - any day
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Prime Stock Transfer Services, Inc.
Contact Information
Business Address Alsons Bldg., 2286 Chino Roces Ave., Makati City
E-mail Address legal@alcantaragroup.com
Telephone Number 02-982-3000
Fax Number 02-982-3077
Website http://www.acr.com.ph