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LT Group
LT Group, Inc. () is a publicly listed holding company of Chinese Filipino business tycoon Lucio C. Tan in the Philippines. LT Group, Inc. is majority-owned by Tangent Holdings Corporation, its ultimate parent company (also controlled by Tan). History LT Group, Inc. (LTG) was incorporated on May 25, 1937, as The Manila Wine Merchants, Inc. (TMWMI). On November 17, 1947, TMWMI was listed in the Philippine Stock Exchange (PSE). On September 22, 1995, the Securities and Exchange Commission (SEC) approved the company's name change to Asian Pacific Equity Corporation (APEC) as well as the change of its role from a merchant to a holding company. On November 10, 1999, the corporate name was again changed to Tanduay Holdings, Inc (THI), and again on November 20, 2012, to its current name, LT Group, Inc. (LTG). Acquisitions On July 8, 1999, as Asian Pacific Equity Corporation, the company acquired 100% ownership of Twin Ace Holdings (Tanduay) in a stock swap. On July 30, 1999, Twin Ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allied Banking Corporation
Allied Banking Corporation (now Philippine National Bank) was one of the largest banks in the Philippines. On February 9, 2013, the bank was merged with Philippine National Bank, creating the fourth largest private domestic bank in the Philippines. History As a spinoff from the acquisition of the insolvent General Bank and Trust for a pittance, Allied Bank was incorporated under the laws of the Republic of the Philippines on April 11, 1977, and granted by the Central Bank of the Philippines the Certificate of Authority to operate as a commercial bank on May 20, 1977. It formally opened for business on June 2, 1977. On August 19, 1977, it was authorized to operate an expanded foreign currency deposit unit (FCDU) and in December 1981 granted to operate as expanded commercial bank or universal bank. As of December 31, 2007, Allied Bank was the 9th largest private domestic commercial bank in the country in terms of total deposits, and the 10th largest in terms of net worth. Aside ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Drink Companies Of The Philippines
A drink or beverage is a liquid intended for human consumption. In addition to their basic function of satisfying thirst, drinks play important roles in human culture. Common types of drinks include plain drinking water, milk, juice, smoothies and soft drinks. Traditionally warm beverages include coffee, tea, and hot chocolate. Caffeinated drinks that contain the stimulant caffeine have a long history. In addition, alcoholic drinks such as wine, beer, and liquor, which contain the drug ethanol, have been part of human culture for more than 8,000 years. Non-alcoholic drinks often signify drinks that would normally contain alcohol, such as beer, wine and cocktails, but are made with a sufficiently low concentration of alcohol by volume. The category includes drinks that have undergone an alcohol removal process such as non-alcoholic beers and de-alcoholized wines. Biology When the human body becomes dehydrated, a person experiences thirst. This craving of fluids results in a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Companies Of The Philippines
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Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * '' The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series '' Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * " Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate Companies Of The Philippines
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Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable acti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MacroAsia Corporation
MacroAsia Corporation is a leading provider of aviation-related support services in the Philippines. Its major business segments derive income from aircraft maintenance, repair and overhaul (MRO), food services (airline and institutional catering), gateway services (ground handling), property development and leases (ecozone operations) and water concessions/utility. As of March 2019, it is the country's largest provider of aviation support services. History The company began in 1970 as Infanta Mineral and Development Corporation, shipping out nickel ore. In 1995, the company renamed as MacroAsia Corporation, moving from mining to aviation support services. In the same year Benjamin M. Bitanga sold the company to Lucio Tan. In 1996, the MacroAsia Catering Services Corporation (MACS) was established. In 1999, the MacroAsia Airport Services Corporation (MASCORP) was established. In 2000, with the joint venture of Lufthansa Technik, the Lufthansa Technik Philippines was establishe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allianz
Allianz ( , ) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. The company is one of the world's largest insurers and financial services groups. The company is a component of the Euro Stoxx 50 stock market index. Its asset management division, which consists of PIMCO, Allianz Global Investors and Allianz Real Estate, has €2,432 billion of assets under management (AuM), of which €1,775 billion are third-party assets (Q1 2021). Allianz sold Dresdner Bank to Commerzbank in November 2008. History Foundation ''Allianz AG'' was founded in Berlin on 5 February 1890 by then-director of the ''Munich Reinsurance Company'' Carl von Thieme (a native of Erfurt, whose father was the director of the insurance company ''Thuringia'') and Wilhelm von Finck (co-owner of the ''Merck Finck & Co. Bank''). The joint company was listed in Berlin's trade register under the name ''A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eton Centris
Eton Centris is a development in Quezon City by Lucio Tan's Eton Properties Philippines. Eton Centris is located at the southeast corner of EDSA and Quezon Avenue. It is a major component of the Triangle Park business district.Eton unveils second mixed-use project in GC ABS-CBN News It covers an area of .SM now one of the tenants in Lucio Tan-controlled property firm GMA News History [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Century Park Hotel
The Century Park Hotel, formerly the Century Park Sheraton Manila, is a hotel in Manila, Philippines. The hotel is hosted in a 19-storey building and has 478 rooms as of 2015. History In 1974, the Philippine government encouraged the private sector to build hotels in anticipation of the 1976 International Monetary Fund-World Bank (IMF-WB) annual meeting to be hosted in the county. The government made funds available to private firms willing to build hotels at low interest rates. The Marsteel Corporation, an integrated steel manufacturing firm entered into a joint venture agreement with All Nippon Airways Enterprise, Co. Ltd. (ANAE) to convert the Maranaw Hotels and Resort Corporation (MHRC) into a joint venture corporation for the purpose of building a hotel at a site at the Harrison Park in Malate, Manila. In 1975, MHRC entered in a franchise agreement with the Sheraton Hotel and Inns Worldwide to allow the usage of the Sheraton brand for its hotel. The Century Park Hotel part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of The East
The University of the East ( fil, Pamantasan ng Silangan), also known as UE, is a leading private university located in Manila, Philippines. Founded in 1946, business tycoon Lucio Tan acquired the university in 1990. UE was once labeled as the "largest university in Asia" when its enrollment in the past reached over 65,000 students. The Commission on Higher Education (CHED) granted UE autonomous status and recognized 2 of its programs as Center of Excellence and 1 program as Center of Development. UE offers degree programs from basic education to graduate studies. UE has two other campuses, one in Caloocan, and its medical school, the UE Ramon Magsaysay Memorial Medical Center located in Aurora Blvd., Dona Imelda, Quezon City. History The history of the University of the East starts in September 1946, in a rented room on Dasmariñas Street, Manila, where 110 students enrolled in Certified Public Accountant (CPA) review classes. The group of business teachers led by D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PAL Express
Air Philippines Corporation, operating as PAL Express and formerly branded as Air Philippines and Airphil Express, is a wholly owned subsidiary airline of Philippine Airlines which is under its ownership. It is PAL's regional brand, with services from its hubs in Manila, Clark, Cebu, and Davao. The airline has been re-branded a number of times, first as Air Philippines, then Airphil Express, and is now known as PAL Express. After a series of financial losses, Air Philippines ceased operations until it was acquired by investors from Philippine Airlines. After the acquisition, the airline was re-launched as PAL Express, operating some routes and slot assignments of its sister company Philippine Airlines until its management decided to re-brand the carrier as a budget airline known as Airphil Express. However, in March 2013, the airline name was reverted to PAL Express. As a codeshare partner of Philippine Airlines, PAL Express operates as a full service carrier within a low-cost ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
