History
1937
The Company was originally incorporated as The Manila Wine Merchants, Inc.
1947
The Company was listed on the stock exchange.
1995
The Company changed its primary purpose to that of a holding company and was renamed as Asian Pacific Equity Corporation.
1997
Acquired by Tangent and Saturn Holdings, Inc.
1999
The Company acquired Twin Ace Holdings Corporation, a subsidiary of Tangent, which had previously acquired the Tanduay business in 1988. Twin Ace was renamed Tanduay Distillers, Inc. (TDI) and the Company was renamed Tanduay Holdings, Inc. (THI).
2012
Saturn sold its equity stake to Tangent. On July 31, 2012, the Board of Directors approved the change in the name from THI to LT Group, Inc. (LTG), as well as the acquisition of shareholdings in Fortune Tobacco Corporation, Philippine National Bank, Allied Banking Corporation, Asia Brewery, Inc. and Eton Properties Philippines, Inc. Tangent subscribed to an increase in capital stock of the Company in the amount of Php5 Billion, the proceeds of which was used to partially finance the aforementioned acquisitions.
Contact
- 11th Floor Unit 3 Bench Tower, 30th Street corner Rizal Drive, Crescent Park West 5, Bonifacio Global City, Taguig City, Philippines
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