Alsons Consolidated Resources, Inc. Declares Cash Dividend on Common Shares, Payable on July 23, 2021
May 20, 2021 at 07:06 pm
Share
The board of directors of Alsons Consolidated Resources, Inc. at its meeting held on May 20, 2021, approved cash dividend of PHP 0.02 per share in favor of the common stockholders from the unrestricted retained earnings of the Corporation as of 31 December 2020. Record date is June 30, 2021 and payment date is July 23, 2021.
Alsons Consolidated Resources, Inc. is a Philippines-based investment holding company. The Companyâs secondary purpose is oil exploration. The Companyâs subsidiaries are engaged in power generation, property development, industrial estate management and other investments. The Company conducts its business activities through two segments: Power and Energy, and Property Development. The Companyâs energy and power operations are located on three different sites. Its subsidiary, Western Mindanao Power Corporation (WMPC), has a power plant on a nine hectares property in Sitio Malasugat, Sangali, Zamboanga City, and its subsidiary, Southern Philippines Power Corporationâs plant is situated on a 16 hectare property located in Alabel, Sarangani Province, which is 13 kilometers east of General Santos City. Property Development segment acquires, develops, sells and holds for investment or otherwise, real estate of all kinds, subleases office spaces and manufactures door and house frames.