TOKEN. Bacolod City Mayor Alfredo Abelardo Benitez (right) receives a miniature Philippine Airlines aircraft from Lucio Tan III in the presence of Kyle Tan (2nd from left), executive vice president of Tanduay Distillers Inc., and Carlos Luis Fernandez, senior vice president and general counsel of PAL. Tan III and Benitez led the launching of this year's Bacolod Rum Festival, from August 12 to 20, in a press conference held at the Bacolod Government Center on Friday (July 15, 2022).(PNA photo by Nanette L. Guadalquiver) BACOLOD CITY - After a two-year hiatus, the Bacolod Rum Festival will return from August 12 to 20 to highlight the role of the sugarcane industry in rum production and to help spur the economic recovery in this capital city of Negros Occidental. The announcement of the event's second edition was led by Lucio Tan III, president and chief operating officer of Tanduay Distillers Inc. and vice chairman of Lucio Tan Group Inc., and Mayor Alfredo Abelardo Benitez in a
With all the responsibilities on his young shoulders as the recently appointed vice chairman and chief operating officer of the LT Group, Inc. and also the president and chief operating officer at Tanduay Distillers, Inc., what brings a smile to Lucio Tan III’s face?
LT Group Inc., the investment holding firm of taipan Lucio Tan, reported an attributable net income of P6.53 billion in the first quarter, less than a percent higher compared to P6.49 billion a year ago, with the tobacco business accounting for P4.21 billion or 64 percent of total.
LT Group Inc., the holding firm of most businesses of tycoon Lucio Tan, said it had an attributable net income of P6.53 billion for the first three months of the year, a slight increase from last year’s P6.49 billion. The tobacco business accounted for P4.21 billion or 64 percent of…
Lucio C. Tan III, the grandson of tycoon Lucio Tan, has been appointed as the company’s vice chairman and chief operating officer (COO) of LT Group Inc. (LTG) after the company’s annual stockholders’ meeting on Wednesday. His appointment took effect immediately. Tan III, formerly a director, replaces his uncle Michael…