Latest Breaking News On - Lucioc tan lt group inc - Page 1 : vimarsana.com

BusinessWorld May 6, 2021 | 12:08 am By Keren Concepcion G. Valmonte LUCIO C. Tan’s LT Group, Inc. (LTG) is allocating P9.7 billion for capital expenditures (capex) this year, nearly double the previous year’s P5-billion budget as the company expects the slow opening of the economy to “bode well for all businesses in general.” The listed holding firm is formed by Tanduay Distillers, Inc. (TDI), Asia Brewery, Inc. (ABI), Fortune Tobacco Corp., PMFTC, Inc., Eton Properties Philippines, Inc., Philippine National Bank (PNB), and Victorias Milling Co., Inc. Nearly half or P4.6 billion of the company’s capex will be allocated for PNB’s digitalization efforts.

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