Stock Information

ALCO | ARTHALAND CORPORATION

Sector: PROPERTY | Sub-Sector: PROPERTY

Arthaland Corporation (ALCO), formerly EIB Realty Developers, Inc., was incorporated on August 10, 1994 for the purpose of engaging in property development of residential, commercial, leisure, and industrial projects. Following the reduction in the par value of its shares and decrease in authorized capital stock in 2007, ALCO undertook a recapitalization program which led to the entry of new investors. On January 26, 2009, the Securities and Exchange Commission approved the change in corporate name to the present one.

ALCO's main business activity is the development of residential, commercial, and leisure properties. ALCO is geared toward pursuing niche and boutique developments as well as opportunistic joint venture developments. ALCO is the developer of Arya Residences, Arthaland Century Pacific Tower, Cebu Exchange, Savya Financial Center, Sevina Park, Lucima, Eluria, and Makati CBD Residential Project 1.

As of December 31, 2024, ALCO holds 100% ownership interest in Arthaland Prestige Property Solutions, Inc.; Cazneau Inc.; Cebu Lavana Land Corp.; Manchesterland Properties, Inc.; Pradhana Land, Inc.; Urban Property Holdings, Inc.; and Zileya Land Development Corporation. All of these subsidiaries were established to engage primarily in real estate development.

Source: SEC Form 17-A (2024)