[3] It was a joint venture between General Milling Corporation (GMC) and Holland Canned Milk International B.V. (now FrieslandCampina), with HOMPI's first plant in San Pedro, Laguna commencing operations in September 1972.

[3] In 1994, HOMPI was spun off from GMC and incorporated as Alaska Milk Corporation (AMC) under the control of Wilfred Uytengsu Sr.

On February 16, 2022, AMC announced that the team will leave the PBA at the end of the 2021 Governors' Cup due to a directive by its parent company, FrieslandCampina.

[11] Alaska ended their final PBA tournament with a loss to the NLEX Road Warriors in the quarterfinals.

[12] Immediately following their final game on March 19, 2022, a brief ceremony was held to mark the Alaska's departure from the PBA.