Megaworld Corporation (PSE: MEG) is a subsidiary and real estate arm of the holding company, Alliance Global Group, Inc., both Chaired by the Filipino-Chinese businessman and industrialist, Andrew Tan. It pioneered the â��live-work-playâ�� concept by developing residential buildings, office buildings and commercial centers into one community. The company has been named by Superbrands as one of the Philippinesâ�� leading brands in terms of consumer loyalty and preference. As of November 25, 2010, it has a total market capitalization of P65.1 billion and share price of P2.47. Megaworld Corporation was awarded Asiaâ��s Best Property in 2003, 2004 and 2005 by Euromoney Best Asian Companies Award. It also bagged other titles from Euromoney including: Philippinesâ�� Best in Corporate Governance, 2003; Asiaâ��s Most Improved Companies, 2005; Asian Companies with the Most Convincing and Coherent Strategy, 2005. In 2004, it was awarded Marketing Company of the Year by the Agora Awards. FinanceAsia also awarded Megaworld Corporation Best Managed Company and the Philippinesâ�� Best in Investorsâ�� Relations. Asia Money Polls awarded the company, Best in Investors Relations, Best Website, Philippinesâ�� Best in Clearest Corporate Strategy. In 2007, the company continued to garner awards including the IR Magazine Best in Investor Relations in Singapore Market by a Philippine Company; Finance Asia Most Committed to Corporate Governance. It also received the Quezon City and Taguig City top taxpayer of the year awards in 2006 and 2007.