[results] => Array
            [0] => Array
                    [ArticleID] => 951734
                    [Title] => SMC takes over PAL, buys out LT Group
                    [Summary] => 

Diversified conglomerate San Miguel Corp. (SMC) is set to take over national carrier Philippine Airlines (PAL), just a year since the food-to-infrastructure firm first invested in the airline.

[DatePublished] => 2013-06-09 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 620906 [Title] => Tanduay Distillers Inc. nasunog: 4 sugatan [Summary] =>

Apat katao ang nasu­gatan matapos na tupukin ng apoy ang bodega ng Tan­duay Distillers Inc., isang pabrika ng alak sa sunog na tumagal ng halos sampung oras umpisa ni­tong Huwe­bes ng gabi hanggang kaha­pon ng ma­daling-araw sa Cabuyao, Laguna.

[DatePublished] => 2010-10-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097155 [AuthorName] => Joy Cantos [SectionName] => Probinsiya [SectionUrl] => probinsiya [URL] => ) [2] => Array ( [ArticleID] => 203913 [Title] => Ginebra San Miguel expected to sustain double digit growth in Q1 [Summary] => Despite the loss of several product lines, San Miguel Corp.’s liquor unit Ginebra San Miguel Inc. (formerly La Tondeña Distillers Inc.) is expected to sustain a double-digit growth in its bottom line for the first three months of 2003.

Industry sources said with the robust volume sales and effective cost management, GSM’s net profit could hit over P450 million in the first quarter, about 10 percent more than in the previous year.

In the first two months of the year, GSM’s earnings have already reached P322 million.
[DatePublished] => 2003-04-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 203104 [Title] => SMC seen to post 36% income growth [Summary] => Food and beverage giant San Miguel Corp. (SMC) is likely to start reaping the fruits of its group-wide restructuring as its net income this year could easily record a 36-percent growth to reach P9 billion, according to a local stockbrokerage house.
[DatePublished] => 2003-04-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 198106 [Title] => La Tondeña now known as Ginebra San Miguel Inc. [Summary] => La Tondeña Distillers Inc. (LTDI) announced that its board of directors has approved yesterday the change of its corporate name to Ginebra San Miguel Inc. following its conversion into a fully-liquor based company.

In a press statement, LTDI said the change of name was made to reflect the company’s focus on its core business which is liquor." The change aligning the corporate name with the company’s flagship brand, Ginebra San Miguel, is expected to further strengthen and reinforce the product’s brand equity," LTDI said.
[DatePublished] => 2003-03-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 197602 [Title] => SMC transfers last non-liquor business to its food group [Summary] => San Miguel Corp.(SMC) subsidiary La Tondeña Distillers Inc. (LTDI) has transferred its last remaining non-liquor business, Sugarland Corp., to a sister unit under the San Miguel Food Group, a company official disclosed to the Philippine Stock Exchange.

LTDI corporate information officer Ferdinand Constantino said the company has signed last week a sale and purchase agreement with Magnolia Inc., an operating unit of San Miguel Pure Foods Co., for the sale of LTDI’s shares in Sugarland Corp.
[DatePublished] => 2003-03-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 190165 [Title] => Jollibee, LTDI lead small pack of gainers in 2002 [Summary] => In a generally lackluster year for equities trading, two consumer-driven companies stood out to lead a small pack of blue chips whose stock prices went soaring – Jollibee Foods Corp. (JFC) and La Tondeña Distillers Inc. (LTDI).

As the year 2002 ended, both issues chalked up identical year-to-date gains of 49 percent, with JFC closing at P18.25 per share while LTDI stocks were registered at P35 each, records from the Philippine Stock Exchange show.
[DatePublished] => 2003-01-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 186899 [Title] => More listed companies buying back shares [Summary] => More companies are taking advantage of the low share prices of their stocks listed at the Philippine Stock Exchange (PSE) by buying back up to 10 percent of their outstanding capital, PSE records show.

Since the PSE relaxed the buyback policy in late 2000, a number of listed firms have consistently embarked on accumulating more shares from the market every year.
[DatePublished] => 2002-12-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 181952 [Title] => La Tondeña posts P1.16-B income in first 9 months [Summary] => La Tondeña Distillers Inc. (LTDI), the hard liquor subsidiary of food and beverage giant San Miguel Corp., reported a net income of P1.16 billion in the first nine months of the year or a 41-percent increase from last year, driven by stronger sales volumes effective cost containment and lower finance charges.

In a statement, LTDI said strong sales volumes in the Southern Philippines contributed to the firm’s improved performance for the period under review. In particular, the firm’s leading products – GSM Blue and Vino Kulafu boosted in sales by 50 percent. [DatePublished] => 2002-10-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 176020 [Title] => SEC okays capital hike of Sugarland [Summary] => The Securities and Exchange Commission (SEC) has approved the capital increase of Sugarland Beverage Corp., a subsidiary of food and beverage giant San Miguel Corp., from P100 million to P565.53 million.

Sugarland manufactures powdered juice drinks and jelly snacks.

Based on documents filed with the SEC, the capital increase is intended to facilitate the issuance of shares to La Tondeña Distillers Inc. in exchange for the transfer of the assets of Jellyace operation by LTDI to Sugarland.
[DatePublished] => 2002-09-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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