Embracing the FUTURE
ATN Holdings, Inc. (ATN) was incorporated on February 17, 1961 as the Jabpract Mining and Industrial Corporation (JINICO), with the primary purpose of engaging in mining and oil exploration, with an initial authorized capital stock of Two Million Pesos (P2,000,000). On September 13, 1995, SEC approved the increase in authorized capital stock to Two hundred million pesos (P200,000,000) at One centavo (P0.01) per share.
On March 14, 1996, Securities and Exchange Commission (SEC), approved the changes of name from Jabpract Mining and Industrial Corporation to ATN Holdings, Incorporated and change of corporate purpose from mining to a holding company. A change of par from One Centavo (P0.01) per share to One Peso (P1.00) per share was subsequently approved by the SEC in November, 1996.
ATN invested in real properties and stocks. Its investments in real properties are several units of Summit One Tower, a 48–storey building located at 530 Shaw Boulevard, Mandaluyong City. Units of Summit One Tower are office condominium spaces ready for occupancy, with its own separate 6-level parking building and 2 basement parking levels. The units are for sale through either direct sales from walk-in clients, or referrals from independent brokers, or for lease to corporate clients.
ATN’s subsidiaries are Palladian Land Development Inc. (PLDI), Advanced Home Concept Development Corp. (AHCDC) and Managed Care Phils., Inc. (MCPI).