LT Group, Inc. (LTG), the flagship investment holding company of billionaire Lucio Tan, delivered its strongest nine-month performance on record, posting an attributable net income of P22.57 billion—a 14 percent increase year-on-year and the company’s best January-September and third-quarter results since its follow-on offering—delivered by the broad-based growth across the conglomerate.
Lucio Tan’s LT Group Inc. has partnered with Weisshaus, a leading distributor of international spirits, to bring the Tanduay rum brand to Austria, making it the first Asian rum brand to enter the country.
The Lopez family’s controlling shareholders will invest P2.2 billion of their own money in ABS-CBN Corp., providing fresh financial support as the media company addresses obligations to long-serving employees and pursues its recovery plans.
Shell Energy Philippines (SEPH) has selected two companies to deliver works and run the proposed 30-megawatt / 60-megawatt hour Hermosa Battery Energy Storage System in Bataan.
ACEN Corp., the energy investment arm of the Ayala Group, has entered into a short-term loan agreement of up to P1 billion with its fully owned subsidiary Giga Ace 6 Inc.
Defense lawyers in Vice President Sara Duterte’s impeachment trial called for greater decorum Wednesday, objecting to a social media post by private prosecutor Atty. Amando Virgil Ligutan that noted even law students know that misleading questions cannot be asked.