LT Group


LT Group, Inc. is a Philippine publicly listed holding company headquartered in Bonifacio Global City, Taguig.
LT Group, Inc. is majority-owned by Tangent Holdings Corporation, its ultimate parent company.

History

LT Group, Inc. was incorporated on May 25, 1937, as The Manila Wine Merchants, Inc.. On November 17, 1947, TMWMI was listed in the Philippine Stock Exchange. On September 22, 1995, the Securities and Exchange Commission approved the company's name change to Asian Pacific Equity Corporation as well as the change of its role from a merchant to a holding company. On November 10, 1999, the corporate name was again changed to Tanduay Holdings, Inc, and again on November 20, 2012, to its current name, LT Group, Inc..

Acquisitions

On July 8, 1999, as Asian Pacific Equity Corporation, the company acquired 100% ownership of Twin Ace Holdings in a stock swap. On July 30, 1999, Twin Ace Holdings changed its name to Tanduay Distillers, Inc.
Since 2012, the company began a series of consolidation of assets belonging to Tan by acquiring interests in Asia Brewery, Inc., Fortune Tobacco Corporation, Eton Properties Philippines, Inc., Philippine National Bank, Allied Banking Corporation and Victorias Milling Company.

Companies

Air transport