LT Group, Inc. (LTG) is a Philippine publicly listed holding company headquartered in Bonifacio Global City, Taguig.
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 Ace Holdings changed its name to Tanduay Distillers, Inc.
Since 2012, the company began a series of consolidation of assets belonging to Tan by acquiring interests in Asia Brewery, Inc., Fortune Tobacco Corporation, Eton Properties Philippines, Inc. (Paramount LandEquities, Inc. and Saturn Land Holdings, Inc.), Philippine National Bank, Allied Banking Corporation and Victorias Milling Company.
Companies Air transport PAL Holdings, Inc. () ~ 4% co-ownership with ANA Holdings Philippine Airlines, Inc. PAL Express (Air Philippines Corporation, formerly Air Philippines and Airphil Express)
Banking Philippine National Bank (merger of Philippine National Bank and Allied Bank) ()
Education University of the East
Food & beverage Asia Brewery Tanduay Distillers, Inc. Absolute Distillers
Hotels Maranaw Hotels and Resort Corporation Century Park Hotel
Real estate Eton Properties Philippines Eton Centris Eton City
Tobacco & alcohol Asian Alcohol Corporation Fortune Tobacco Corporation (FTC) PMFTC, Inc. - 50% ownership by FTC
Others Allianz-PNB Life Insurance Inc. - Life insurance company. Allianz restarted its operations in 2016 under an exclusive partnership with the Philippine National Bank. MacroAsia Corporation - is one of the leading providers of aviation-related support services in the Philippines. () Victorias Milling Company () - minority ownership and management control
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