The late Jaime Cardinal Sin once wrote that the life
story of Lucio C. Tan is like the proverbial mustard seed: "it
began small but emerged bigger than most of the shrubs and trees."
Indeed, Lucio Tan started small and humble. Yet, according to
the good Cardinal, his only armaments were faith on God and determination
in his work. “They proved to be the best ammunition a person
can have.”
NEWS
From struggling student to Forbes
rich list in five decades
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Philippine
Airlines- known as "Asia's First Airline", PAL is the
country's national flag carrier. For over 60 years, PAL has served
as an integral part of Philippine life, history and development.
Founded on February 26, 1941, PAL has survived a turbulent history marked by cycles of prosperity and recession. After a brief closure in 1998, PAL resumed operations in October 1999. Today, it has total of 32 aircraft that serve 44 online destinations - 19 domestic and 25 international points in 12 countries. It now boasts of one of the youngest, most modern and best- maintained fleets in the region.
Air
Philippines- is one of the fastest growing carriers in
the country. Since its historic inaugural flight on February 1,
1996 - -when it launched its first revenue flights to Subic Bay
Freeport, Iloilo and Zamboanga City – Air Philippines has
been en route to becoming a major player in the Philippine aviation
industry. Aside from serving domestic points, Air Philippines
also provides charter services to a number of international destinations.
MacroAsia
Corporation- Complementing the two airlines is MacroAsia
Corporation. A publicly- listed company, MacroAsia provides catering,
ground handling and engineering and maintenance services to its
sister companies and more than 20 international airlines landing
in the Philippines. MacroAsia is widely known in commercial aviation
circles for its commitment to quality, efficiency and customer
care. Established on November 6, 1995, the company has become
the seedbed of talent, with its pool of talented Filipino engineers,
chefs and ground staff.
Affiliated: Lufthansa-Technik Philippines
Allied
Banking corporation- Now celebrating its 28th year, Allied
Banking Corporation is one of country’s top 10 universal
banks. With only 24 branches and a strategic overseas network
in the Asia Pacific, Europe, the Middle East and North America.
Anniversary date: June 1, 1977.
Subsidiaries: Allied Savings Bank, Allied Forex Corp.
Affiliates: Allied Leasing & Finance Corp., Allied Bankers
Insurance
Philippine
National Bank – Formed in 1916, PNB is the fourth
largest private local universal bank in the Philippines. Its main
thrust is the promotion and development of small and medium agri-based
enterprises. It also lends support to telecoms, steel, energy
and other heavy industries, including domestic and international
trade activities. While the bank is now facing serious challenges,
its private owners led by Dr. Lucio Tan are determined to revive
PNB and make it globally competitive.
Pan Asia Securities- is the stock
brokerage firm of the Lucio C. Tan Group of Companies. With a
seat in the Philippine Stock Exchange, Pan Asia conducts market
research and brokerage services not only for the Lucio Tan Group
but to other private clients as well. Date of incorporation: January
15, 1979.
Himmel
Industries Inc. – a chemical trading firm, Himmel
Industries is located in Barrio Santolan, Pasig City. Established
in November 18, 1960, Himmel gave Mr. Lucio Tan his first taste
of corporate success. The company supplies major ingredients in
the food, pharmaceutical, tobacco, beer, paint, ink, textile,
cosmetics, paper, glue, plastic, rubber, PVC and cement industries.
Although Himmel started small, it ventured into the trading of
chemicals such as refined glycerin, sorbitol, industrial honey,
menthol and flavoring compounds. It now counts among its growing
clientele giant pharmaceutical companies, cigarette factories,
printing firms and processed- food manufacturers.
Foremost
Farms Inc. – is one of Southeast Asia’s largest
and most modern hog-raising facilities. Established in 1970, Foremost
has a 146- hectare facility in Barangay Pinugay, Tanay, Rizal
with an average daily production of nearly 50 metric tons of hogs
for the domestic market. It also has a feed mill in Pasig City
with a rated capacity of over 30 tons per hour.
As the acclaimed trendsetter in the feed and livestock industry,
Foremost continues to explore new techniques and invest in state-of-the-art
equipment to produce quality products at optimum cost.
Lotte Philippines – is company
engaged in the manufacturer and/or importation of quality biscuits,
chocolates, chewing gum and other confectioneries. It was formed
in 1995 as a partnership with Lotte Japan. The company is based
in Pasig City.
Asia
Brewery, Inc., - Established in 1982, Asia Brewery is
the second largest brewer and bottled water maker in the Philippines.
The Asia Brewery complex is located in a 320-hectare property
in Cabuyao, Laguna, 45 kilometers south of Manila. It is designed
to process an annual production capacity of 4 million hectoliters
of beer. Together with the brewery, the Cabuyao complex houses
other plants to complement the brewing operations: a fully automated
glass plant; a plastic crate manufacturing plant; a corrugated
carton plant; a power generating plant; waste water treatment
plant; and various warehousing and transportation facilities.
Its best-selling products include: Beer na Beer, Colt 45, Calsberg,
Lone Star (Light and Ultra), Manila Beer, Absolute Distilled Water
and Summit Natural Drinking Water.
Affiliates: Agua Vida Systems, Inc., Interbev
Tanduay
Distillers, Inc. – Maker of world- renowned Tanduay
Rhum, Tanduay Distillers is the country’s best bet towards
global market leadership. For over 150 years, the company dominates
the colored liquor segment in the Philippines and a close second
in the global ranking of quality rhum. Tanduay started operations
in 1854 in a compound off the banks of the Pasig River. In 1988,
Twin Ace Holdings Corporation, owned and managed by the Lucio
Tan Group of Companies, acquired Tanduay from the Elizalde family.
The new management launched a plant modernization and expansion
program that increased that distillery’s production capacity
by 50 times.
Landcom Realty Corporation –
the real estate arm of the Lucio C. Tan Group of Companies, Landcom
manages most, if not all, of the group’s buildings and other
acquired assets.
Grandspan
Development Corp. – Established in 1979, Grandspan
Development Corp. is an internationally-recognized steel fabrication
company. It produces structural steel beams, trusses, conveyors,
special tanks and vessels, as well as steel trailers and asbestos-reinforced
cement sheets. Located in a 35-hectare compound in Barrio Tagpos,
Binangonan, Rizal, Grandspan’s steel plant produces 1,800
metric tons of fabricated steel structures per month. Aside from
major Philippine projects like the steel tracks of the Metro Rail
Transit, steel bridges, boiler structures of power plants and
large storage tanks, Grandspan also bagged major steel fabrication
projects in China, Hong Kong, India and Singapore.
Century
Park Hotel – Throughout its three decades of operation,
Century Park Hotel has pursued a tradition of making hotel living
a highly pleasurable experience. With its helpful staff, great
food, impressive amenities and reasonable rates, it gives its
guest a taste of luxurious living at reasonable cost. The 5-star
hotel has 510 rooms, 60 of which are equipped with their own kitchen.
It also has three specialty restaurants, a coffee shop, snack
bars and pubs, and facilities for seminars and conventions, all
of which provide first-class services to its patrons. Founding
date: September 28, 1976.
The Charter House - is a three-star
hotel located in the heart of Makati’s business and commercial
district. Originally an apartelle building on Legazpi Street,
the hotel has gone a long way since its opening in 1980. Despite
the hotel’s physical “facelifts,” it has maintained
its simplicity and laid-back charm. Today, the 10-storey building
features a 94 studio rooms, 12 suites, an executive conference
room, specialty restaurants, basement parking, a swimming pool
and a sun deck.
Fortune
Tobacco Corporation – The country’s leading
cigarette manufacturer, Fortune energized the local tobacco industry
and today maintains a large following in the local cigarette market.
The first Fortune plant was a small building cramped with second
hand machines atop a hill in Barrio Parang Marikina. The first
structure was a hut made of old scrap lumber and used GI sheets.
From a small factory with two second hand cigarette making machines
in 1966, it has grown to become the four-plant mammoth of today,
housing more than 300 state-of-the-art cigarette making and packing
machines.
Producing affordable but high quality has been the lynchpin of
Fortune’s corporate growth. Its best- selling brands include:
Hope, Champion, Winston, Salem, Camel, More, Fortune, Boss and
others.
Lucky Travel Corporation –
is a first-rate travel agency. It is a top choice of business
and leisure travelers because of its efficient, friendly, and
quality personal service. Established on June 15, 1983, Lucky
Travel is Mr. Tan’s first foray into the travel and tourism
industry. His commitment, zeal and lofty ideal of providing impeccable
service to travelers continue to be embodied by Lucky Travel almost
two decades since it first opened its doors to the public.
University
of the East – Established on September 5, 1946,
the University of the East is one of the greatest success stories
in the field of education. From a decaying, debt-laden institution
in the late ‘80s, it has been transformed into one of the
most modern and financially stable universities in the Philippines.
Acquired by Dr. Lucio Tan in 1990, UE currently has two campuses,
one in Manila and the other in Caloocan. The UE Manila campus
has eight colleges, while the Caloocan campus has five.
Tan
Yan Kee Foundation, Inc. – The main philanthropic
arm of the Lucio C. Tan Group of Companies, the Tan Yan Kee Foundation,
Inc. was established in 1986. The Foundation’s principal
thrusts are education, culture and sports; research; health and
social welfare; and manpower development. With generous support
from the Lucio Tan Group, the Foundation has donated hundreds
of millions of pesos for scholarships grant; training of teachers
and doctors; and construction of school buildings, hospital and
houses for the homeless. It also provides generous support to
calamity assistance, livelihood programs, environmental protection
drives, anti-vice campaigns and other programs.
Foundation
for Upgrading the Standard of Education, Inc. –
Founded by Dr. Lucio C. Tan on December 1, 1994, FUSE seeks to
improve the skills in English, Science and Mathematics teachers.
Its programs include regular teacher training workshops; a post-graduate
scholarship program for Science and Engineering teachers; production
and distribution of telecourses in English, Elementary Science,
Chemistry, Physics and Math; and a host of other educational programs
in partnership with government and private learning institutions.
Eton
Properties Philippines, Inc. – Eton Properties
Philippines, Inc, managed by the Lucio Tan Group of Companies
(LTGC) was established in the 1980s in Hong Kong. As one of only
two Super Brand real estate and construction agencies in Hong
Kong, the Group boasts prestige projects Queen's Garden, Carmen's
Garden, Dragon Centre, King's Court and Eton Tower. Eton has become
one of the largest unlisted private real estate businesses in
Hong Kong wth a value of 20 billion HKD.
In the early 1990s, Eton made its debut in Mainland
China's real estate market. While living up to its motto, Building
with Pride, Eton gained recognition as a world class developer
of commercial properties in the booming areas of Beijing, Shanghai,
Dalian, Shenzhen, Xiamen amd Shenyang.
From Hong Kong to China, and now, the Philippines.
Eton Properties Philippines, Inc. draws inspiration from Eton
Properties Group to produce extraordinary projects in strategic
locations in the Philippines with the same dedication to quality,
attention to detail, and fine craftsmanship that has made its
counterparts world-class real estate developers.
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