LT Group Inc. announced that its Board of Directors has appointed the founder’s grandson Lucio C. Tan III to replace his uncle Michael G. Tan as Vice Chairman and Chief Operating Officer (COO) of the conglomerate. In a statement, LT Group said Michael Tan will continue to serve in his capacity as...
Max's Group, Inc. will be having their upcoming 2022 Annual Stockholder's Meeting this coming May 20, 2022.
Alliance Global Group, Inc. (AGI), the investment arm of tycoon Andrew Tan, more than doubled its net income to P23.8 billion last year from the P10.26 billion posted in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its earnings were bolstered by the resurgence in activities...
Max’s Group, Inc. (MGI), the largest casual dining restaurant group in the Philippines, continues to pursue its international expansion with the opening of a Yellow Cab Pizza Co. branch in Houston, Texas USA. “MGI is proud to be a global exporter of beloved Filipino brands, giving our homegrown...
Max’s Group Inc. (MGI) reported a net income of P451 million last year, a significant turnaround from the P1.68 billion net loss it incurred in 2020 due to cost savings realized from rightsizing and more efficient operations. In a disclosure to the Philippine Stock Exchange, the firm said that,...
Metro Retail Stores Group, Inc. (MRSGI) reported a net loss of P318.10 million last year, a 29.2 percent improvement from the P449.60 million net loss it suffered in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its net sales for the year reached P31.21 billion, almost the...
LT Group, Inc. (LTG), the holding company of tycoon Lucio Tan, posted an unaudited net income of P20.25 billion last year, 3.7 percent lower than the P21.02 billion reported in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its tobacco business accounted for P17.43 billion or...
The Philippine Stock Exchange (PSE) has approved the P1.38 billion initial public offering (IPO) stock brokerage CTS Global Equity Group, Inc. which will list on the bourse’s Small, Medium, and Emerging Board. In a statement, the PSE said CTS Global will conduct its offering from March 29 to...
Figaro Coffee Group (FCG) is gearing up to expand its local store presence in order to cater to more Filipinos nationwide as the economy reopens further. In a disclosure to the Philippine Stock Exchange, the firm said it has upcoming store openings lined up in Lipa, Batangas; Ortigas business...
The Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of stock brokerage firm CTS Global Equity Group, Inc. worth up to P1.38 billion. The Commission En Banc resolved to render effective the registration statement of CTS Global covering 6.88 billion common...
Alliance Global Group, Inc. (AGI) is planning to infuse P7.8 billion in gaming and leisure subsidiary Travellers International Hotel Group, Inc. which is increasing its paid-up capital. In a disclosure to the Philippine Stock Exchange, AGI said “The infusion of fresh capital to augment the...
2Go relief drive in Palawan In response to calls for humanitarian needs following Super Typhoon Odette (Rai) that raged across Southern Philippines, 2GO Group Inc. moved tons of relief goods port-to-port to victims for free. 2GO Group, Inc.’s business arm, 2GO Sea Solutions, transported donations...
