Asia Brewery to expand throughout Asia
Lucio Tan’s Asia Brewery Inc. expects a healthy growth in revenue as it looks to tap new markets throughout Asia-Pacific for its popular brands.
Lucio Tan’s Asia Brewery Inc. expects a healthy growth in revenue as it looks to tap new markets throughout Asia-Pacific for its popular brands.
Asahi Breweries of Japan is in talks with the Lucio Tan group on a strategic partnership in the beverage business, beginning with the distribution of premium beer and possibly expanding into manufacturing and even an investment in Asia Brewery.
Claiming that state prosecutors have failed to prove that his assets are ill-gotten after more than two decades of trying, ethnic Chinese businessman Lucio Tan has filed a P300 million counter-claim for damages from government.
A Lucio Tan-owned beverage firm has won its 14-year-old damage suit against rival San Miguel Corp. (SMC). In a decision, the Court of Appeals directed SMC to pay Asia Brewery Inc. (ABI) over P68 million for illegally collecting and hoarding millions of glass bottles of ABI products and plastic crates in 1997. The amount was [...]
