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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 374656 [Title] => Tanduay unit inks deal with Singapore bank [Summary] => Tanduay Distillers Inc. said its wholly-owned unit Unimark Investments Corp. has inked an agreement with Singapore-based Standard Merchant Bank for the sale of its assets to the bank.
Tanduay acquired Unimark, an asset management company, in September. Unimark has an authorized capital of P2 billion.
Tanduay earlier said it planned to acquire shares in sugar miller Victorias Milling Co. Inc., which is now likewise controlled by the Lucio Tan Group of Companies following a capital infusion of P300 million last year.
[DatePublished] => 2006-12-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Zinnia B. Dela Peña | December 12, 2006 - 12:00am
Recommended
Prepare for hotter days and nights ahead, surpassing the already scorching heat as temperatures could reach over 40 degrees Celsius in the coming weeks.
7 hours ago
The temperature reached 40 degrees Celsius in Isabela on Monday, the hottest in the country so far this year, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration.
1 day ago
"Given the current weather conditions, we urge everyone to minimize non-essential visits, particularly with vulnerable family members."
1 day ago
Dagupan City in Pangasinan may experience a heat index as high as 46°C.
1 day ago
At least 13 areas in the Philippines could experience a “danger” heat index of 44 degrees Celsius today amid the continued effects of El Niño and the dry season, according to the state weather bureau.
2 days ago
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