ASIA AMALGAMATED HOLDINGS CORPORATION - Philippines

0.00 Reviews
Write a Review
Company name
ASIA AMALGAMATED HOLDINGS CORPORATION
Location
Upper Ground Floor, Pearl Plaza Building165 Quirino Ave., Barangay TamboPara?aque, Metro Manila, Philippines
Contact number
852-9022 to 24
Fax
8511256
Website address
Company description
Asia Amalgamated Holdings Corporation (AAA) was originally incorporated as Sulu Sea Development Corporation on October 7, 1970 to engage in the business of hydrocarbon, petroleum and oil exploration and production in the Philippines, with small mineral exploration interests. Following the change in the majority ownership of the company from the National Development Corporation to the present majority stockholders, the Securities and Exchange Commission approved on October 6, 1995 the change of the company's name to Asia Amalgamated Holdings Corporation and its primary purpose to that of a holding company. During the first few years of its operation as an investment holding company, AAA made significant investments in various businesses such as financial and banking services, distribution  
Show more of household water filtration equipment and industrial waste water treatment, water transport services and non-life insurance brokerage. AAA incorporated four subsidiaries, namely, Ecology Savings Bank, Inc., Unikleen International Corporation, Marilag Transport Systems, Inc. and ESBI Insurance Brokers, Inc. The economic crises that beset the country in 1998 put AAA's main affiliate and major source of business, the Uniwide Group, in a very serious financial problem and had made a significant impact on AAA's operations. From then onwards, AAA began to cease the operations of its subsidiaries one by one due to continued financial losses. Beginning the year 2002, none of the subsidiaries had resumed operations. As of December 31, 2008, AAA and its subsidiaries remained in a non-operating status. Source: SEC Form 17-A (2008)
Listed in categories

Reviews

0 Reviews
0.0
 
Write a Review
This company has no reviews. Be the first to share your experiences!

Questions & Answers

Have questions? Get answers from ASIA AMALGAMATED HOLDINGS CORPORATION or BusinessList.ph users. Visitors haven’t asked any questions yet.

Is this your business?

Update your business details: website, location on man, working hours, photos and more.
Registered with us on
Share this listing
Send to WhatsApp Share on Facebook Share on Linkedin
Get Listed