AGI raises P1.1 billion from warrants saleAGI president and CEO Kevin Tan said the company’s warrants offering is a powerful statement of confidence, not just in the future and the enduring vision of AGI’s businesses, but also in the strength of the Philippine capital markets. MANILA, Philippines — Conglomerate Alliance Global Group Inc. (AGI), led by tycoon Andrew Tan, is further expanding its integrated resort developments after successfully raising P1.1 billion from the sale of warrants. This will help provide us with the flexibility to strengthen our leadership in each of our core businesses,” Tan said during a ceremonial bell ringing for the warrants listing at the Philippine Stock Exchange (PSE) yesterday. The offer was completed on Dec. 11, wherein a total of 2.2 billion issued and outstanding warrants were sold to individual and institutional/corporate investors. PSE president and CEO Ramon Monzon welcomed AGI’s successful warrants offering, which he said clearly demonstrates the strong confidence of the company’s shareholders in its growth potential.
Source: Philippine Star December 22, 2025 16:33 UTC