Alaska Milk Corporation
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Alaska Milk Corporation
Alaska Milk Corporation (AMC) is a manufacturer of milk products in the Philippines. It is a subsidiary of Dutch dairy cooperative FrieslandCampina, which acquired control (98.1%) of the company from the founding Uytengsu family in 2012. The company has no connection to the US state of Alaska. History In 1972, Holland Milk Products, Inc. (HOMPI) was established. It was a joint venture between General Milling Corporation (GMC) and Holland Canned Milk International B.V. (now FrieslandCampina). HOMPI initially manufactured canned liquid milk (evaporated milk and condensed milk). It eventually expanded to manufacture powdered milk and UHT milk. In 1994, HOMPI was spun off from GMC and incorporated as Alaska Milk Corporation (AMC) under the control Wilfred Uytengsu Sr. Shortly after its incorporation, AMC was listed in the Philippine Stock Exchange (PSE) in 1995. Wilfred Steven Uytengsu Jr., eldest son of Wilfred Sr., assumed the position of president and CEO in 2007. The elder Uy ...
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Alaska Milk Corporation (SLEX, San Pedro, Laguna; 12-30-2021)
Alaska Milk Corporation (AMC) is a manufacturer of milk products in the Philippines. It is a subsidiary of Netherlands, Dutch dairy cooperative FrieslandCampina, which acquired control (98.1%) of the company from the founding Uytengsu family in 2012. The company has no connection to the U.S. state, US state of Alaska. History In 1972, Holland Milk Products, Inc. (HOMPI) was established. It was a joint venture between General Milling Corporation (GMC) and Holland Canned Milk International B.V. (now FrieslandCampina). HOMPI initially manufactured canned liquid milk (evaporated milk and condensed milk). It eventually expanded to manufacture powdered milk and Uht milk, UHT milk. In 1994, HOMPI was spun off from GMC and incorporated as Alaska Milk Corporation (AMC) under the control Wilfred Uytengsu Sr. Shortly after its incorporation, AMC was Listing (finance), listed in the Philippine Stock Exchange (PSE) in 1995. Wilfred Steven Uytengsu, Wilfred Steven Uytengsu Jr., eldest son ...
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Evaporated Milk
Evaporated milk, known in some countries as "unsweetened condensed milk", is a shelf-stable canned cow’s milk product where about 60% of the water has been removed from fresh milk. It differs from sweetened condensed milk, which contains added sugar. Sweetened condensed milk requires less processing to preserve since the added sugar inhibits bacterial growth. The production process involves the evaporation of 60% of the water from the milk, followed by homogenization, canning, and heat-sterilization. Evaporated milk takes up half the space of its nutritional equivalent in fresh milk. When the liquid product is mixed with a proportionate amount of water (150%), evaporated milk becomes the rough equivalent of fresh milk. This makes evaporated milk attractive for some purposes as it can have a shelf life of months or even years, depending upon the fat and sugar content. This made evaporated milk very popular before refrigeration as a safe and reliable substitute for perisha ...
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Converge ICT
Converge ICT Solutions Inc., commonly referred to as Converge (also known as ComClark in Pampanga), is a telecommunication service provider in the Philippines. It operates fiber optic broadband networks, Internet Protocol television (marketed as Converge Vision; in partnership with Pacific Kabelnet), cable television (marketed as Air Cable), and cable Internet (marketed as Air Internet) in the country. It had 1,845,162 FiberX subscribers as of September 2022 capturing 54% of the market share of fiber to the home in the country. As of 2022, the Converge fiber backbone reached 600,000 kilometers, passing through 495 cities and municipalities across the country. History Converge was established in 1996 as the ComClark Network and Technology Corp. by Dennis Anthony Uy in 1996 at Angeles City. In 2009, the Congress of the Philippines enacted Republic Act No. 9707, to grant Converge ICT Solutions Inc. the franchise to construct, install, establish, operate, and maintain a telecommu ...
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NLEX Road Warriors
The NLEX Road Warriors is a professional basketball team owned by NLEX Corporation, a subsidiary of Metro Pacific Investments Corporation, currently playing in the Philippine Basketball Association (PBA) since the 2014–2015 season. The Road Warriors began in the PBA Developmental League (PBA D-League) as one its founding teams, winning a total of six championships. The franchise transferred to the PBA after the Manila North Tollways Corporation (a subsidiary of Metro Pacific Investments Corporation) acquired the PBA franchise of the Air21 Express in June 2014. It is one of three PBA teams currently under the control of businessman Manuel V. Pangilinan (the other teams are the TNT Tropang Giga and the Meralco Bolts). History PBA D-League From 2011 to 2014, the Road Warriors were the dominant team in the PBA D-League, setting a record six championships in the seven conferences that it participated. It is the second PBA D-League franchise to join the PBA. PBA expansion fra ...
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2021 PBA Governors' Cup
The 2021 PBA Governors' Cup, also known as the 2021 Honda PBA Governors' Cup for sponsorship reasons, was the second and last conference of the 2021 PBA season of the Philippine Basketball Association (PBA). The 20th edition of the Governors' Cup began on December 8, 2021, after the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) approved the league's request, and ended on April 22, 2022. The tournament allows teams to hire foreign players or imports with a height limit of . This was the first import-laced tournament held by the league since the 2019 PBA Governors' Cup. For the first two weeks of the tournament, the league returned to the Ynares Sports Arena with no audience in the venue. Quezon City then gave the permission for sports events to be held there with spectators; the PBA is expected to play at the Araneta Coliseum for the rest of the tournament starting December 15. On January 3, 2022, the league postponed its scheduled game ...
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Alaska Aces (PBA)
The Alaska Aces were a professional basketball team in the Philippine Basketball Association since 1986 under the ownership of Alaska Milk Corporation (AMC) and the owner of 14 PBA championships, tied with the Barangay Ginebra San Miguel and the Magnolia Hotshots for the second-most titles overall. They are one of the most popular teams in the league and the Philippines. The Aces won nine PBA championships in the 1990s, including a rare grand slam (winning three championships in one season) during the 1996 season, joining the Crispa Redmanizers (1976, 1983), San Miguel Beermen (1989), and the San Mig Super Coffee Mixers ( 2013–14) as one of only four franchises to achieve the feat. The Aces last tournament was the 2021 PBA Governors' Cup where they were eliminated by the NLEX Road Warriors in the quarterfinal round in March 2022. The franchise was bought by Converge ICT on March 23, 2022, to become the Converge FiberXers. History 1986: First season After the temporary ...
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Philippine Basketball Association
The Philippine Basketball Association (PBA) is a men's professional basketball league in the Philippines composed of twelve company-branded franchised teams. Founded in 1975, it is the first professional basketball league in Asia and is the second oldest continuously professional basketball league existing in the world after the National Basketball Association, NBA,Bartholomew, Rafe. ''Pacific Rims''. New American Library, 2010, p. 13. established before the "open era" of basketball in 1990 where FIBA allowed longstanding domestic leagues, which mostly had predated the PBA, to become professional. The league's regulations are a hybrid of rules from the NBA and FIBA. The league played its first game at the Araneta Coliseum in Quezon City on April 9, 1975. Its main office is located along Circumferential Road 5, Eulogio Rodriguez Jr. Avenue (C-5 road), Eastwood City, Bagumbayan, Quezon City. The San Miguel Beermen have the most PBA championships with 28 titles. Entering the 2022 ...
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Delisting (stock)
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are officially traded on a stock exchange. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, subject to conditions. Normally the issuing company is the one that applies for a listing but in some countries an exchange can list a company, for instance because its stock is already being traded via informal channels. Stocks whose market value and/or turnover fall below critical levels may be delisted by the exchange. Delisting often arises from a merger or takeover, or the company going private. Requirements Each stock exchange has its own listing requirements or rules. Initial listing requirements usually include supplying a history of a few years of financial statements (not required for "alternative" markets targeting young firms); a sufficient size of the amount being placed among the general public (the free float), both in ...
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Carnation (brand)
Carnation is a brand of food products. The brand was especially known for its evaporated milk product created in 1899, then called Carnation Sterilized CreamHistory of Carnation
from HistoryLink
and later called Carnation Evaporated Milk. The brand has since been used for other related products including milk-flavoring mixes, flavored beverages, flavor syrups, mixes, s,

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Nestlé
Nestlé S.A. (; ; ) is a Switzerland, Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest publicly held food company in the world, measured by revenue and other metrics, since 2014."Nestlé's Brabeck: We have a "huge advantage" over big pharma in creating medical foods"
, ''CNN Money'', 1 April 2011
It ranked No. 64 on the Fortune Global 500, ''Fortune'' Global 500 in 2017 and No. 33 in the 2016 edition of the ''Forbes'' Global 2000 list of largest public companies. Nestlé's products include baby food (some including human milk oligosaccharides), medical food, bottled water, breakfast cereals, coffee and tea, confectionery, ...
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Philippine Stock Exchange
The Philippine Stock Exchange, Inc. ( fil, Pamilihang Sapi ng Pilipinas; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Including previous forms, the exchange has been in operation since 1927. On a whole, the Philippine Stock Exchange has 275 listed companies. The main index for PSE is the PSE Composite Index (PSEi) composed of thirty (30) listed companies. The selection of companies in the PSEi is based on a specific set of criteria. There are also six additional sector-based indices. The PSE is overseen by a 15-member Board of Directors, chaired by José T. Pardo. History On February 3, 1936, the Securities and Exchange Commission announced that it had "relinquished control of the Manila Stock Exchange." The Philippine Stock Exchange was formed on December 23, 1995, from the merger of the Manila Stock Exchange (MSE) (established on August 12, 1927, based ...
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Listing (finance)
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are officially traded on a stock exchange. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, subject to conditions. Normally the issuing company is the one that applies for a listing but in some countries an exchange can list a company, for instance because its stock is already being traded via informal channels. Stocks whose market value and/or turnover fall below critical levels may be delisted by the exchange. Delisting often arises from a merger or takeover, or the company going private. Requirements Each stock exchange has its own listing requirements or rules. Initial listing requirements usually include supplying a history of a few years of financial statements (not required for "alternative" markets targeting young firms); a sufficient size of the amount being placed among the general public (the free float), both in ...
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