+ Follow FLOR DE CANA SHIPPING INC Tag
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[ArticleID] => 292999
[Title] => Tanduay acquires two liquor firms for P1.25B
[Summary] => Tanduay Distillers Inc. (TDI), the liquor unit of tobacco and beer magnate Lucio Tan’s Tanduay Holdings Inc., has paid P1.25 billion for the acquisition of a 90-percent stake in Asian Alcohol Corp. and Absolute Chemicals Inc.
In a disclosure to the Philippine Stock Exchange, TDI said funding for the aquisitions came from its existing credit lines with local banks amounting to P3 billion.
TDI said Asian Alcohol and Absolute Chemicals will increase their capital stocks to facilitate the entry of TDI.
[DatePublished] => 2005-08-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 290928
[Title] => Tanduay profit surges 86% to P422M
[Summary] => Tanduay Holdings Inc. of tobacco and beer magnate Lucio Tan reported an 86-percent growth in its net profit for the first half this year to P422.06 million, driven by higher sales despite the increase in its selling prices.
In a financial report submitted to the Securities and Exchange Commission, the company said its net sales rose 18 percent to P3.7 billion. Sales volume increased slightly by three percent on account of weak first quarter results and higher inflation rate caused by the increase in global crude oil prices.
[DatePublished] => 2005-08-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 276370
[Title] => Tanduay sets P2-B capex budget for 3 yrs
[Summary] => Tanduay Holdings Inc., the liquor concern of the Lucio Tan group, has set aside P2 billion over the next three years for the establishment of a new plant and planned acquisitions.
During the company’s stockholders meeting yesterday, Tan said Tanduay will start this month the construction of a new liquor plant in Cagayan de Oro estimated to cost between P500 million to P1 billion.
[DatePublished] => 2005-05-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 269668
[Title] => Tanduay profit jumps 88% to P660M
[Summary] => Tanduay Holdings Inc., the hard liquor concern of tobacco and beer magnate Lucio Tan, said its net profit jumped 88 percent to P660 million last year on higher sales.
In a disclosure to the Philippine Stock Exchange, Tanduay said net sales rose 22 percent to P6.76 billion, largely a result of higher sales volume and the increase in selling prices by 13 percent. Sales volume increased by nine percent.
[DatePublished] => 2005-03-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
FLOR DE CANA SHIPPING INC
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 292999
[Title] => Tanduay acquires two liquor firms for P1.25B
[Summary] => Tanduay Distillers Inc. (TDI), the liquor unit of tobacco and beer magnate Lucio Tan’s Tanduay Holdings Inc., has paid P1.25 billion for the acquisition of a 90-percent stake in Asian Alcohol Corp. and Absolute Chemicals Inc.
In a disclosure to the Philippine Stock Exchange, TDI said funding for the aquisitions came from its existing credit lines with local banks amounting to P3 billion.
TDI said Asian Alcohol and Absolute Chemicals will increase their capital stocks to facilitate the entry of TDI.
[DatePublished] => 2005-08-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 290928
[Title] => Tanduay profit surges 86% to P422M
[Summary] => Tanduay Holdings Inc. of tobacco and beer magnate Lucio Tan reported an 86-percent growth in its net profit for the first half this year to P422.06 million, driven by higher sales despite the increase in its selling prices.
In a financial report submitted to the Securities and Exchange Commission, the company said its net sales rose 18 percent to P3.7 billion. Sales volume increased slightly by three percent on account of weak first quarter results and higher inflation rate caused by the increase in global crude oil prices.
[DatePublished] => 2005-08-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 276370
[Title] => Tanduay sets P2-B capex budget for 3 yrs
[Summary] => Tanduay Holdings Inc., the liquor concern of the Lucio Tan group, has set aside P2 billion over the next three years for the establishment of a new plant and planned acquisitions.
During the company’s stockholders meeting yesterday, Tan said Tanduay will start this month the construction of a new liquor plant in Cagayan de Oro estimated to cost between P500 million to P1 billion.
[DatePublished] => 2005-05-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 269668
[Title] => Tanduay profit jumps 88% to P660M
[Summary] => Tanduay Holdings Inc., the hard liquor concern of tobacco and beer magnate Lucio Tan, said its net profit jumped 88 percent to P660 million last year on higher sales.
In a disclosure to the Philippine Stock Exchange, Tanduay said net sales rose 22 percent to P6.76 billion, largely a result of higher sales volume and the increase in selling prices by 13 percent. Sales volume increased by nine percent.
[DatePublished] => 2005-03-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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