Wilfred Uytengsu Jr Net Worth is
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Alaska Milk Corporation (AMC) is the leading manufacturer of milk products in the Philippines. Its products are sold under the Alaska brand. The company also owns the Philippine Basketball Association (PBA) team, the Alaska Aces.
In 2012, Dutch dairy cooperative FrieslandCampina acquired control (98.1%) of the company from the founding Uytengsu family.


In 1972, Holland Milk Products, Inc. (HOMPI) was established. It was a joint venture between between AMC???s former parent company, General Milling Corporation (GMC), and Holland Canned Milk International B.V. (now FrieslandCampina). HOMPI initially manufactured canned liquid milk (evaporated milk and condensed milk). It eventually expanded to manufacture powdered milk and UHT milk.
In 1994, HOMPI was spun-off from GMC and incorporated as Alaska Milk Corporation (AMC) under the control Wilfred Uytengsu, Sr. Shortly after its incorporation, AMC was listed in the Philippine Stock Exchange (PSE) in 1995.
Wilfred Steven Uytengsu, Jr., the eldest son of Wilfred Sr., assumed the position of President and CEO in 2007. The elder Uytengsu died in April 2010 at the age of 82.
In 2007, AMC acquired the canned milk business of Nestl?(C) Philippines, Inc. The acquisition included the Alpine, Liberty and Krem Top trademarks, as well as the trademark license for Nestle???s Carnation and Milkmaid brands.
In 2012, FrieslandCampina acquired majority control of AMC from the Uytengsu family. On November 5, 2012, AMC was delisted from the PSE after FrieslandCampina completed its tender offering for 98.1% ownership of AMC. Prior to this, FrieslandCampina held an 8.1% interest in AMC. Wilfred Steven Uytengsu Jr. remains as President and CEO.
This article incorporates text from this source, which is licensed under CC-BY-SA 1.0.

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Wilfred Uytengsu Jr Latest News

Jr. NBA returns to the Philippines for seventh straight year

“We are excited to jumpstart another active year of Alaska Sports with the return of the Jr. NBA program,” said Wilfred Steven Uytengsu, President and CEO, Alaska Milk Corporation. “This year, both girl and boy players will get the opportunity to ...
Posted: January 18, 2014, 1:52 am

Wilfred Steven Uytengsu, Jr.

Mr. Wilfred Steven Uytengsu, Jr., is Member-Board of Governors at Philippine Basketball Association, President at GenOSI, Inc. and President at Jadestone Investments LLC. He is on the Board of Directors at Alaska Milk Corp., Childrens Hour Philippines, Inc ...
Posted: November 28, 2017, 4:09 am

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Posted: August 9, 2014, 4:46 pm
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