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

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 ñ 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 countryís 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

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

Himmel Industries Inc. is 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.

Foremost Farms Inc. is one of Southeast Asiaís 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

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 countryís 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 distilleryís production capacity by 50 times.

Landcom Realty Corporation

Landcom Realty Corporation is the real estate arm of the Lucio C. Tan Group of Companies, Landcom manages most, if not all, of the groupís 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, Grandspanís 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.

The Charter House

The Charter House is a three-star hotel located in the heart of Makatiís 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 hotelís physical ìfacelifts,î 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.

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.

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 Fortuneís corporate growth. Its best- selling brands include: Hope, Champion, Winston, Salem, Camel, More, Fortune, Boss and others.

Lucky Travel Corporation

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. Tanís 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 ë80s, 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 Foundationís 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. (FUSE)

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.

Dr. Lucio C. Tan

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.”

MODEST BEGINNINGS

Thus, from modest beginnings in Fujian, China, from two failed ventures and a small chemical trading firm called Himmel Industries, Lucio Tan emerged as one of the most successful industrialists in modern Philippine history. He serves as an inspiration, a guiding beacon to many of his fellow Filipinos who believe and hope that they too, can break free from the bondage of poverty.

Despite his fabled wealth, life ahs not been always easy for Mr. Tan and his family. The eldest child of the late Tan Chua King Ha and Tan Yan Kee, he was born on July 17, 1934 in one of southern China’s poorest provinces.. While he was barely four years old, his family joined the Chinese Diaspora to escape the invading Japanese Imperial Army.

It his tender age, young Lucio was exposed to the vicissitudes of life during the war. No stranger to hunger and fear, the Second World War must have made quite an impression on hi young mind. The destruction and despair it brought may be enough to crush one’s spirit and resolve, but not Mr. Tan’s. He believes that “There will be no construction, and thus no gain, without destruction.”

It was, therefore, during this era of rebuilding from the ashes that his eyes were opened to the vast opportunities that await those with vision and determination.

Sometime in 1948, the teenage Lucio moved in with his uncle in Barrio Sabang, Naga City. He spent two memorable years in that part of Bicol before moving on to join his father who was stationed in different provinces owing to his work. In 1955, he graduated in Chiang Kai Shek High School. Thereafter, he worked with the Bataan Cigar and Cigarette Company to finance his Chemical Engineering studies at the Far Eastern University. Later, he became the chemist of the cigarette firm.


CORPORATE SUCCESS

Born and raised in the Confucian work ethic, young Lucio was taught early in life to aim high and reached his goals through hard work. He was particularly engrossed with the value of “ren,” the Chinese word for perseverance, and the virtue of humility, frugality and benevolence.

From his modest savings, he slowly raised the seed of his envisioned enterprise. He first established a corn starch factory. Both attempts in entrepreneurship failed. But these did not deter Mr. Tan from pursuing his dream.
Within the same year that this corn starch factory closed shop, he established Himmel Industries, Inc. a chemical manufacturing and trading firm. Using second hand machines and reconditioned American trucks, Himmel gave Mr. Tan his first taste of success.

From Himmel, he set-up Fortune Tabacco in 1966. This humble venture, which was housed in a small hut in Marikina, proved to be the enterprise that would catapult Mr. Tan to success. From this flagship company emerged numerous successful ventures in agribusiness; airlines and related services; banking, finance and securities; brewery; chemicals; distillery and alcohol; education; food; hotel; real estate; soap manufacturing; steel fabrication and construction; and tourism and travel services.


PHILANTHROPY

Ever mindful of his humble origins, Mr. Tan shares the fruits of his enterprise with those in need. He established the Tan Yan Kee Foundation in 1986 in honor of his father. Since it was established, the Foundation has donated hundreds of millions of pesos in constructing school buildings, hospitals, churches as well as houses for the homeless. It has likewise funded health and social welfare projects, calamity assistance, livelihood programs, environment protection, research, sports development and anti-drug campaigns. The Tan Yan Kee Foundation is now a full-fledged NGO (non-government organization).

A firm believer in the value of education, Mr. Tan is the founder of the Foundation for Upgrading the Standard of Education (FUSE). A non-profit organization , FUSE serves as a catalyst and as a government’s partner in upgrading the quality of education in the Philippines by improving the teaching skills of English, Science and Mathematics Teachers.

He also sends physicians for further studies and specialization abroad through the Asia Brewery Medical Scholarship Program. His only condition is for the scholars to return to the Philippines so they may serve their less fortunate countrymen.


THE STORY OF HUMAN TRIUMPH

Mr. Tan’s life story is one about hardship, perseverance and human triumph. In these words, Cardinal Sin summed up Mr. Tan’s contributions: “The scholars, homeless, aged, abandoned and sick he has helped will attest that Mr. Tan has been for them a reflection of God’s goodness. They were able to experience the generosity of God through the generosity of Mr. Tan. We are able to see that sheer faith and determination can make wonders and miracles because of Mr. Tan’s life. He has shown us that nobody is born a loser. All of us have the capacity to win and succeed if we placed our trust in God!”