+ Follow ASIAN ALCOHOL CORP Tag
ASIAN ALCOHOL CORP
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[ArticleID] => 1536068
[Title] => LT Group expands renewable energy developments
[Summary] => The Lucio Tan Group (LTG) is making a push for further renewable energy (RE) developments in its distilleries across the country to reduce its carbon footprint.
[DatePublished] => 2015-12-24 09:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140610/michael-lucio-tan-BUS7.jpg
)
[1] => Array
(
[ArticleID] => 1514363
[Title] => LT Group seeks FIT incentives for Batangas project
[Summary] => The Lucio Tan Group (LTG) hopes to join the race for feed-in tariff (FIT) incentives with its solar power project in Batangas.
[DatePublished] => 2015-10-24 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20151025/batangas-project-3.jpg
)
[2] => Array
(
[ArticleID] => 1513681
[Title] => Asian Alcohol mulls wind power project in Negros Occidental
[Summary] => Asian Alcohol Corp. (AAC), a unit of the Lucio Tan Group (LTG), is looking at the possibility of putting up a wind project in its facility in Negros Occidental, a ranking company official said.
[DatePublished] => 2015-10-22 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
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[ArticleID] => 572564
[Title] => Tanduay eyes 10% rise in sales volume this year
[Summary] => Tanduay Holdings Inc. is projecting a 10-percent rise in sales volume this year, mainly due to an anticipated increase in consumer spending.
[DatePublished] => 2010-05-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 565253
[Title] => Tanduay income jumps 72% to P573 million
[Summary] => Bucking the economic slowdown, Tanduay Holdings Inc. reported a 72 percent jump in consolidated net earnings last year to P573 million.
[DatePublished] => 2010-04-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 471551
[Title] => Tanduay to expand Negros liquor plant
[Summary] => MANILA, Philippines – Tanduay Holdings Inc., the liquor unit tycoon Lucio Tan, will spend P500 million to expand the production capacity of unit Asian Alcohol Corp.’s plant in Negros Occidental.
[DatePublished] => 2009-05-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 64868
[Title] => Tanduay profit doubles in 3 mos on higher sales
[Summary] =>
[DatePublished] => 2008-05-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1480108
[AuthorName] => Ma. Elisa Osorio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 332307
[Title] => Tanduay profits up 11.5% to P735.5M in ’05
[Summary] => Tanduay Holdings Inc., the liquor unit of tobacco and beer magnate Lucio Tan, posted a net income of P735.51 million last year, up 11.5 percent from P659.83 million in 2004.
In a financial report filed with securities regulators, Tanduay said the increase in net income was due to the negative goodwill of P279 million that resulted from the acquisition of Asian Alcohol Corp. (AAC).
From the date of its acquisition, AAC contributed P30 million to the Tanduay group’s earnings.
[DatePublished] => 2006-04-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 320609
[Title] => BDO-led consortium to lend P5B to P10B to Tanduay
[Summary] => A consortium of banks led by Banco de Oro is set to lend between P5 billion to P10 billion to Tanduay Distillers Inc. for its expansion.
BDO has reportedly invited Rizal Commercial Banking Corp. (RCBC), Equitable-PCI Bank and China Bank to join the consortium.
The loan signing is scheduled for Friday, Feb. 10.
According to banking sources, the loan would be priced at 75 basis points over Mart 1.
Lucio Tan-owned TDI last year acquired control of two distilleries as part of its plans to increase its capacity.
[DatePublished] => 2006-02-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 292999
[Title] => Tanduay acquires two liquor firms for P1.25B
[Summary] => Tanduay Distillers Inc. (TDI), the liquor unit of tobacco and beer magnate Lucio Tan’s Tanduay Holdings Inc., has paid P1.25 billion for the acquisition of a 90-percent stake in Asian Alcohol Corp. and Absolute Chemicals Inc.
In a disclosure to the Philippine Stock Exchange, TDI said funding for the aquisitions came from its existing credit lines with local banks amounting to P3 billion.
TDI said Asian Alcohol and Absolute Chemicals will increase their capital stocks to facilitate the entry of TDI.
[DatePublished] => 2005-08-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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