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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).
From left to right: MPTC Chief Project Development Officer Raul Ignacio, MPTC President and CEO Rodrigo Franco, ATN Chairman and CEO Arsenio Ng, ATN Managing Director Larry Ng and Chairperson of Build, Build, Build Anna Mae Lamentillo