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                    [ArticleID] => 191703
                    [Title] => Group poised to take control of Balabac Resources
                    [Summary] => A group associated with liquor and tobacco tycoon Lucio Tan will be the controlling interest in the publicly-listed holding firm Balabac Resources & Holdings Co. Inc. as it plans to take up as much as 85 percent of the company’s expanded capital of P5 billion.


At the same time, the move would practically strengthen Balabac’s presence in the real estate business, slowly veering away from its original focus of oil and gas exploration.


                    [DatePublished] => 2003-01-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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HOLDINGS ALLIED BANK

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                    [ArticleID] => 191703
                    [Title] => Group poised to take control of Balabac Resources
                    [Summary] => A group associated with liquor and tobacco tycoon Lucio Tan will be the controlling interest in the publicly-listed holding firm Balabac Resources & Holdings Co. Inc. as it plans to take up as much as 85 percent of the company’s expanded capital of P5 billion.


At the same time, the move would practically strengthen Balabac’s presence in the real estate business, slowly veering away from its original focus of oil and gas exploration.


                    [DatePublished] => 2003-01-16 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Christina Mendez
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Group poised to take control of Balabac Resources

By Christina Mendez | January 16, 2003 - 12:00am

A group associated with liquor and tobacco tycoon Lucio Tan will be the controlling interest in the publicly-listed holding firm Balabac Resources & Holdings Co. Inc. as it plans to take up as much as 85 percent...

Business