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                    [Title] => Tanduay unit inks deal with Singapore bank
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Tanduay Distillers Inc. said its wholly-owned unit Unimark Investments Corp. has inked an agreement with Singapore-based Standard Merchant Bank for the sale of its assets to the bank.


Tanduay acquired Unimark, an asset management company, in September. Unimark has an authorized capital of P2 billion.


Tanduay earlier said it planned to acquire shares in sugar miller Victorias Milling Co. Inc., which is now likewise controlled by the Lucio Tan Group of Companies following a capital infusion of P300 million last year.


                    [DatePublished] => 2006-12-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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STANDARD MERCHANT BANK

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                    [ArticleID] => 374656
                    [Title] => Tanduay unit inks deal with Singapore bank
                    [Summary] => 



Tanduay Distillers Inc. said its wholly-owned unit Unimark Investments Corp. has inked an agreement with Singapore-based Standard Merchant Bank for the sale of its assets to the bank.


Tanduay acquired Unimark, an asset management company, in September. Unimark has an authorized capital of P2 billion.


Tanduay earlier said it planned to acquire shares in sugar miller Victorias Milling Co. Inc., which is now likewise controlled by the Lucio Tan Group of Companies following a capital infusion of P300 million last year.


                    [DatePublished] => 2006-12-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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Tanduay unit inks deal with Singapore bank

By Zinnia B. Dela Peña | December 12, 2006 - 12:00am

Tanduay Distillers Inc. said its wholly-owned unit Unimark Investments Corp. has inked an agreement with Singapore-based Standard Merchant Bank for the sale of its assets to the bank. Tanduay acquired Unimark,...

Business