Wiki lucio tan biography

Philippine publicly-listed holding company

LT Group, Inc. (LTG) is a Philippine publicly listed holding company headquartered in Bonifacio Global City, Taguig. It was founded in by Chinese Filipino business tycoon Lucio Tan.

LT Group, Inc. is majority-owned by Tangent Holdings Corporation, its ultimate parent company (also controlled by Tan).

History

LT Group, Inc. (LTG) was incorporated on May 25, , as The Manila Wine Merchants, Inc.

(TMWMI). On November 17, , TMWMI was listed in the Philippine Stock Exchange (PSE). On September 22, , the Securities and Exchange Commission (SEC) approved the company's name change to Asian Pacific Equity Corporation (APEC) as well as the change of its role from a merchant to a holding company.

On November 10, , the corporate name was again changed to Tanduay Holdings, Inc (THI), and again on November 20, , to its current name, LT Group, Inc. (LTG).^[3]

Acquisitions

On July 8, , as Asian Pacific Equity Corporation