Cosco Capital, Inc., the listed retail holding firm of tycoon Lucio L. Co, posted a 19.7 percent growth in consolidated net income to P8.7 billion in the first nine months of 2022 from P7.27 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its...
Retailer Puregold Price Club, Inc. and imported liquor distributor The Keepers Holdings Inc., both listed firms controlled by tycoon Lucio Co, reported strong earnings growth in the first nine months of the year. In a disclosure to the Philippine Stock Exchange, Puregold said it grew consolidated...
Despite the challenges posed by the pandemic and a more competitive spirits market, Tanduay managed to outsell other rum brands and win its fifth consecutive World’s Number Rum 1 award. Billionaire Lucio Tan’s grandson, Lucio Tan III, who took the reins at Tanduay Distillers, Inc. as...
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...
71910 Fresh from its financial restructuring, Philippine Airlines (PAL) turns 81 today, March 15, and looks forward to "a comeback year" via network expansion, digital innovation, and a more cargo-driven strategy. “We look forward to a comeback year for Philippine Airlines and for our country,”...
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved the upgrade of the commercial banking license of Philippine Bank of Communications (PBCOM) to that of a universal bank. In a disclosure to the Philippine Stock Exchange, PBCOM asid the license upgrade provides additional...
The Keepers Holdings Inc., retailer Lucio Co’s liquor import and distribution business, has successfully listed its P4.5 billion follow on offering shares at the Philippine Stock Exchange with its share price rising 12.7 percent to close at P1.69 apiece. PSE President Ramon S. Monzon said The...
Cosco Capital, Inc., the retail holding firm of businessman Lucio L. Co, reported a 17 percent growth in consolidated net income to P7.27 billion in the first nine months of 2021 from the P6.23 billion earned in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm...
The Keepers Holdings Inc., the liquor import and distribution business of leading retailer Lucio Co, has set its final follow-on offering price at P1.50 per share which is at the bottom of the reduced price range. Prior to this announcement, Keepers had informed the Philippine Stock Exchange that...
Malacañang has underscored the importance of keeping the financially beleaguered Philippine Airlines (PAL) "in the air" amid the coronavirus disease (COVID-19) pandemic. (Photo from PAL Facebook page) Presidential Spokesperson Harry Roque said in a virtual press briefing Monday, Sept. 6 that the...
Cosco Capital, Inc., the retail holding firm of businessman Lucio L. Co, reported an 18 percent improvement in consolidated net income to P4.99 billion for the first half of 2021 from the P4.23 billion posted in the same period last year. In a disclosure to the Philippine Stock Exchange, Cosco said...
The Keepers Holdings, Inc., the liquor importation and distribution firm of Lucio Co and formerly Da Vinci Capital Holdings, Inc., is planning to raise up to P7.5 billion through a follow-on offering. According to the Securities and Exchange Commission, the firm has filed its registration statement...
