The Joint Meetings of the Board of Directors of LT Group, Inc. (LTG) and its subsidiaries, Asia Brewery, Inc. (ABI) and Tanduay Distillers, Inc. (TDI) held on 17 December 2019, the respective Boards approved the election of Lucio C. Tan, III as Director, filling up the position vacated by the passing of his father, Lucio K. Tan, Jr.
LT Group, Inc. is a Philippines-based holding company. The Company has a diversified portfolio of consumer-focused businesses. The Company operates through six segments. Banking segment provides a full range of banking and other financial services to corporate, middle-market and retail customers, the National Government (NG), local government units (LGUs) and government-owned and controlled corporations (GOCCs) and various government agencies. Distilled Spirits segment is involved in manufacturing, compounding, bottling, importing, buying and selling rum, spirit beverages, and liquor products. Beverage segment is engaged in brewing and soft drinks and bottled water manufacturing in the Philippines. Tobacco segment is a supplier and manufacturer of cigarettes, casings, tobacco, packaging, labels and filters. Property Development segment is engaged in ownership, development, leasing and management of residential properties. Others segment consist of various holding companies.
LT GROUP, INC. 
