^
+ Follow MENDONES Tag
MENDONES
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1514708
                    [Title] => LT Group invests in wind farm
                    [Summary] => 

LT Group Inc., the listed holding firm of the Lucio Tan Group, is teaming up with renewable energy firm led by former Energy Secretary Vince Perez to expand a wind project in Rizal.

[DatePublished] => 2015-10-25 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 748488 [Title] => Tanduay spending P2 billion for expansion [Summary] =>

Tanduay Holdings Inc., the hard liquor unit of the Lucio Tan Group of Companies, is spending P2 billion to boost production capacity, put up new bottling lines and refurbish existing facilities to maintain its dominant foothold in the local rum industry.

[DatePublished] => 2011-11-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 742665 [Title] => Tanduay Holdings plans P1.8-B secondary offer [Summary] =>

Hard liquor maker Tanduay Holdings Inc. is planning to raise around P1.8 billion through a secondary offering of shares in December.

[DatePublished] => 2011-10-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 742371 [Title] => Tanduay Holdings profit rises 60% to P855M in 9 months [Summary] =>

Hard liquor maker Tanduay Holdings Inc. grew its net income by 60 percent in the nine months ending September 2011, already exceeding its full year profit of P645 million in 2010.

[DatePublished] => 2011-10-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => 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] => ) [5] => 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] => ) ) )
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