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Alliance Global

A Philippine-listed conglomerate with interests in food and beverages, spirits, restaurants, real estate, hospitality, gaming, tourism, and infrastructure.

Last updated August 25, 2026

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Overview

Alliance Global, Inc., commonly styled AllianceGlobal and also known as Alliance Global Group, is a Philippine-listed holding company founded in 1993 by Andrew Lim Tan. It is a diversified corporate group rather than a single consumer-facing product brand. Its portfolio has developed across food and beverage production, restaurant operations, property development, hospitality, gaming, tourism, infrastructure, and digital ventures. The group’s principal operating platforms include Emperador Inc., Megaworld Corporation, Travellers International Hotel Group, Golden Arches Development Corporation, and a range of affiliated property, infrastructure, technology, and service companies. Emperador gives the group a major position in branded spirits, particularly through Emperador brandy and international whisky and brandy assets. Its international spirits expansion included the acquisition of Whyte & Mackay in 2014 and a later transaction with Beam Suntory involving Fundador, Terry Centenario, Tres Cepas, Harveys, and associated production facilities and brands. Real estate is another central pillar. Megaworld Corporation develops residential, office, retail, hotel, and mixed-use projects, including large township developments. Related businesses include Empire East Land Holdings, Megaworld Lifestyle Malls, Suntrust Properties, First Centro, Global Estate Resorts, and other property-oriented entities. These companies allow the group to participate in property sales, leasing, commercial development, hospitality, and urban-scale place-making. Alliance Global also has substantial exposure to tourism, leisure, and gaming. Travellers International Hotel Group developed and operated Resorts World Manila, now associated with Newport World Resorts, combining hotels, casinos, retail, dining, entertainment, and leisure facilities. The group has worked with international partners in this area, including Genting-related interests. In food service, Golden Arches Development Corporation holds an interest in the Philippine McDonald’s business, making the group connected to one of the country’s largest quick-service restaurant networks, although McDonald’s is not an Alliance Global-owned brand. Additional activities have included Infracorp Development, digital and delivery ventures such as Agile Digital Ventures and Pickaroo, Alliance Global Solution, and airport passenger and cargo handling through Total Airport Services. The breadth of these holdings means that Alliance Global’s role is primarily one of ownership, investment, governance, and capital allocation, while individual subsidiaries manage day-to-day operations and customer-facing brands. The company is managed by the Tan family and is traded on the Philippine Stock Exchange under the symbol AGI. Its headquarters moved to Uptown Bonifacio in Bonifacio Global City, Taguig, in 2017. In June 2024, the company announced Kevin Andrew Tan as president and chief operations officer, replacing Kingson Sian. Alliance Global therefore represents a Philippine conglomerate structure in which the corporate name is most visible to investors and business partners, while consumers generally encounter its subsidiaries, properties, spirits, restaurants, resorts, and associated service brands.

History

Alliance Global was established in 1993 by Andrew Lim Tan and subsequently developed into one of the Philippines’ major diversified holding groups. Rather than following a single-industry strategy, the company assembled a portfolio covering consumer goods, food service, property, hospitality, gaming, tourism, infrastructure, and technology-enabled services. The group’s corporate structure has generally placed operating responsibilities in separately named subsidiaries and affiliated companies, leaving Alliance Global to coordinate ownership, investment, governance, and capital allocation across the portfolio. Food and beverages became an important foundation of the group through Emperador Inc. Emperador’s brandy business grew into a leading spirits operation, and the group later expanded internationally. In 2014, Emperador acquired the Scottish whisky producer Whyte & Mackay from United Spirits for £430 million. In 2015, Emperador reached an agreement with Beam Suntory valued at approximately 13.8 billion Philippine pesos, reported in contemporary references as about €275 million. The transaction included Fundador, Bodegas Fundador, Terry Centenario, Tres Cepas, Harveys, and associated production facilities and assets. These transactions broadened the group from a Philippine brandy company into an international spirits owner and producer. Real estate became another principal business through Megaworld Corporation. Megaworld’s activities have included residential development, office buildings, retail centers, hotels, and integrated townships. The wider property platform has also included Empire East Land Holdings, which was created as a separate vehicle focused on the middle-income housing market, as well as Megaworld Lifestyle Malls, Suntrust Properties, First Centro, and Global Estate Resorts. Through these businesses, Alliance Global has participated in property sales, leasing, commercial operations, and large-scale urban development. The group expanded its hospitality, tourism, and gaming presence through Travellers International Hotel Group. Travellers developed Resorts World Manila, a large leisure and entertainment complex combining gaming, hotels, retail, restaurants, and other attractions. The property later became associated with Newport World Resorts. Alliance Global has also held an interest in Golden Arches Development Corporation, the principal franchise vehicle connected with McDonald’s Philippines. This gave the group exposure to high-volume quick-service restaurants while leaving the McDonald’s brand and operating identity with its own international franchise system. Alliance Global’s portfolio later extended into infrastructure and digital services. Infracorp Development became its infrastructure arm, while Agile Digital Ventures, Alliance Global Solution, and Pickaroo represented technology, business-services, or online delivery interests. In 2022, the group added Total Airport Services, a specialist in passenger and cargo handling, according to the subject’s reference material. These additions reinforced the group’s strategy of holding businesses connected to consumption, urban development, travel, and supporting services. In 2017, Alliance Global moved its headquarters to Uptown Bonifacio in Bonifacio Global City, Taguig, Metro Manila. The company remained listed on the Philippine Stock Exchange under the ticker AGI. On June 1, 2024, it announced Kevin Andrew Tan’s appointment as president and chief operations officer, replacing Kingson Sian. In April 2024, the Philippine Stock Exchange fined the company for breaches of listing and disclosure rules related to regular shareholder-information reporting. Alliance Global’s continuing identity is that of a Tan-family-managed Philippine conglomerate whose consumer-facing activities are primarily delivered through operating subsidiaries and associated brands.

  • 2024

    Leadership and disclosure developments

    [1]

    The company faced a Philippine Stock Exchange fine over shareholder-information reporting and announced Kevin Andrew Tan as president and chief operations officer.

  • 2022

    Total Airport Services joins the wider portfolio

    [1]

    Total Airport Services, a passenger and cargo handling specialist, is identified as part of the group from 2022.

  • 2017

    Headquarters move to Uptown Bonifacio

    [1]

    Alliance Global moves its headquarters to Uptown Bonifacio in Bonifacio Global City, Taguig.

  • 2015

    Emperador expands its international brandy portfolio

    [1]

    Emperador agrees to acquire several brands and production facilities from Beam Suntory, including Fundador, Terry Centenario, Tres Cepas, and Harveys.

  • 2014

    Emperador acquires Whyte & Mackay

    [1]

    Emperador purchases Scottish whisky company Whyte & Mackay from United Spirits for £430 million.

  • 2006

    Emperador brandy gains global volume leadership

    [1]

    The Emperador brand is described as becoming the world’s best-selling brandy by volume.

  • 2001

    First Centro becomes part of the property portfolio

    [1]

    First Centro is identified as one of the group’s property-related companies.

  • 1993

    Alliance Global is founded

    [1]

    Andrew Lim Tan establishes Alliance Global, which later develops into a diversified Philippine holding group.

Products and positioning

Diversified Philippine holding company and conglomerate

  • Brandy and spirits

    Emperador

    Emperador is the group’s principal spirits platform and is best known for its Philippine brandy business. The broader Emperador portfolio has included brandy, whisky, sherry, and related international spirits assets. Its expansion through Whyte & Mackay and the Beam Suntory transaction gave the group production capabilities and brands in Scotland and Spain, extending its reach beyond the Philippine market.

  • Real estate development

    Megaworld

    Megaworld is Alliance Global’s main real-estate arm. It develops residential communities, office buildings, retail destinations, hotels, and integrated townships. Its projects combine property sales with recurring activities such as leasing, mall operations, hospitality, and commercial services, making it a central platform in the group’s urban-development strategy.

  • Residential real estate

    Empire East Land Holdings

    Empire East Land Holdings is a property company spun off from Megaworld to serve the middle-income residential market. It represents the group’s effort to address a distinct housing segment through separately managed residential development activities.

  • Retail and commercial real estate

    Megaworld Lifestyle Malls

    Megaworld Lifestyle Malls develops and manages retail and commercial components associated with the group’s townships and property projects. Its activities connect real-estate development with shopping, dining, entertainment, and everyday urban services.

  • Integrated resorts and gaming

    Newport World Resorts

    Newport World Resorts is the hospitality and leisure complex associated with the group’s Travellers International platform and the former Resorts World Manila identity. The destination combines hotels, gaming, retail, restaurants, entertainment, and other leisure facilities, positioning it as an integrated tourism and entertainment development rather than a standalone hotel.

  • Quick-service restaurants

    McDonald's Philippines operations

    Through Golden Arches Development Corporation, Alliance Global holds an interest in the Philippine McDonald’s franchise operation. The business provides the chain’s standard quick-service restaurant menu, including burgers, chicken, fries, beverages, and related products. McDonald’s remains a separate international brand and is not owned as an Alliance Global house brand.

  • Infrastructure

    Infracorp Development

    Infracorp Development is identified as Alliance Global’s infrastructure company. It extends the group’s interests beyond property and consumer operations into infrastructure development and related urban-supporting assets.

  • Online delivery

    Pickaroo

    Pickaroo is an online delivery application associated with the group. It provides a digital channel for ordering and delivery services, complementing Alliance Global’s interests in food service, retail, and technology-enabled consumer activity.

Controversies

  • 2024

    Philippine Stock Exchange disclosure fine

    In April 2024, the Philippine Stock Exchange fined Alliance Global for violations of provisions in its 2023 Consolidated Listing and Disclosure Rules concerning the regular reporting of shareholder information.

Read more

Brand decisions

  • 2024

    Appointment of Kevin Andrew Tan as president and chief operations officerStrategy

    Background

    Alliance Global changed its senior operating leadership while continuing to be managed by the Tan family.

    Action taken

    The company appointed Kevin Andrew Tan as president and chief operations officer, replacing Kingson Sian.

    Aftermath

    Kevin Andrew Tan became the group’s named president and chief operations officer.

  • 2015

    Beam Suntory spirits transactionM&A

    Background

    Emperador continued international expansion by adding established brandy and sherry brands and related production assets.

    Action taken

    Emperador agreed to purchase Fundador, Bodegas Fundador, Terry Centenario, Tres Cepas, Harveys, and associated production facilities and brands from Beam Suntory.

    Aftermath

    The deal broadened Emperador’s presence in Spanish brandy and related international spirits categories.

    Transaction value. PHP 13.8 billion, reported as approximately EUR 275 million (2015)

  • 2014

    Acquisition of Whyte & MackayM&A

    Background

    Emperador sought to expand from its Philippine brandy base into international whisky and spirits.

    Action taken

    Emperador acquired Scottish whisky company Whyte & Mackay from United Spirits.

    Aftermath

    The transaction expanded the group’s international production and brand portfolio.

    Acquisition price. £430 million (2014)

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