Lucio Co - updates

Rappler's latest stories on Lucio Co


Lucio Co invited to invest in Bacolod port

Jul 27, 2018 - 7:16 PM

BREDCO president John Palanca Alonte says the company aims to bring the port to 'the next level' by making it a world-class facility with the help of a strategic investor

BACOLOD SEAPORT TERMINAL. The Bacolod Real Estate Development Corporation had a soft opening of its new seaport terminal worth P360 million on July 25, 2018. Contributed photo

Puregold exits convenience store business with sale of Lawson

Apr 27, 2018 - 3:20 PM

The Lucio Co-owned firm accepts the offer of its joint venture partner, Lawson Japan, to buy its 70% equity interest in PG Lawson for an undisclosed amount

Marcos’ candidacy, HBO on Pacquiao, PH billionaires | 6PM wRap

Mar 03, 2016 - 7:05 PM

Watch Rappler’s 6PM newscast with Chay Hofileña

11 Filipino tycoons back in Forbes' list of world's richest

Mar 03, 2016 - 2:30 PM

Henry Sy Sr the 91 year old chairman of SM Investments Corporation retains his spot as the richest Filipino according to Forbes 2016 World s Billionaires

PHILIPPINES' RICHEST. (From left): Henry Sy, John Gokongwei Jr, Lucio Tan, and George Ty

Puregold allots P2.64B for 2016 capital expenditures

Dec 11, 2015 - 6:04 PM

The amount does not yet include possible acquisitions a strategy that Puregold has adopted to expand its portfolio

INVESTMENT. Puregold Vice President for Operations Antonio de los Santos says the firm invested P3.4 billion in 2015 but this included P1.5 billion for acquisitions this year. File photo from Puregold website

Lucio Co's Puregold acquires BudgetLane supermarket chain

Aug 07, 2015 - 2:47 PM

Puregold did not disclose acquisition cost but says it accounts for less than 10 of the company’s total book value

Puregold ventures into remittance business with Pure Padala

Jul 09, 2015 - 1:27 PM

The service gives Filipinos overseas the power to allocate their remittances for specific expenses exclude items from a grocery list and set the amount that can be encashed

Puregold about to close deal with supermarket chain

Jun 26, 2015 - 7:15 PM

If the deal pushes through it would boost Puregold s presence in areas it is not yet heavily represented in

Lucio Co renewable energy firm starts operations

Mar 06, 2015 - 6:03 PM

Controlled by one of the Filipinos listed in Forbes’ richest the 12MW biomass facility commences phase 1 of its operations on March 6

12 Filipinos in Forbes’ 2015 billionaires’ list

Mar 04, 2015 - 7:00 AM

Henry Sy the Philippines richest climbs to 73rd from 2014’s 97th ranking

Puregold to spend P5.5B in capital expenditures for 2015

Dec 09, 2014 - 11:58 AM

The amount will be used to finance store expansion and possible acquisitions

Puregold downgrades 2014 revenue target

Nov 12, 2014 - 4:21 PM

Despite adjusting its revenue goal for the year the company says it is on track to meet its target 26 store openings

BSP approves Lucio Co’s investment in PBCOM

Sep 24, 2014 - 9:59 AM

The retail tycoon and Puregold supermarket chain owner becomes the single largest shareholder in the 75 year old bank as he acquires a combined 49 99 interest in PBCOM

Ayala Land, Puregold in supermarket joint venture

Jul 09, 2013 - 2:46 PM

The companies enter into a deal to develop and operate mid market supermarkets

Minority shareholders snub Mariwasa tender offer

May 02, 2013 - 4:35 PM

Minority shareholders of Mariwasa SIAM Holdings snub a heavily discounted tender offer from the group of Puregold owner Lucio Co

TURNED DOWN. Public shareholders of Mariwasa snub Lucio Co's tender offer.

Lucio Co-led Cosco looking to raise P12-B for expansion

May 01, 2013 - 5:02 PM

The holding firm for businessman Lucio Co says it needs P12 billion to fund the expansion of its liquor property and oil storage businesses as well as its diversification into non food ventures

New stores helped boost Puregold's sales. Photo taken from the company's website

SM to finalize investment in Waltermart soon

Apr 15, 2013 - 12:46 PM

One of the strategies of the Sy group to counter the aggressive expansion of Lucio Co led retailer Puregold is proceeding well

Lucio Co buys Mariwasa for P292.5-M

Mar 21, 2013 - 9:31 AM

The group of retailer Lucio Co has inked a deal to buy 85 of shell company Mariwasa Siam likely for his power related ventures

POWER VENTURES. Retail tycoon Lucio Co looks to expand his energy-related ventures. Graphic by Matthew Hebrona

Lucio Co eyes Mariwasa for power ventures

Mar 20, 2013 - 1:19 PM

Retail tycoon Lucio Co is considering acquiring Mariwasa Siam Holdings Inc for his group s energy related ventures

POWER VENTURES. Retail tycoon Lucio Co looks to expand his energy-related ventures. Graphic by Matthew Hebrona

11 Filipinos among world billionaires

Mar 04, 2013 - 10:38 PM

Eleven Filipino billionaires make it to the Forbes 2013 list of world billionaires

Lucio Co unit to build hydropower plant in Oriental Mindoro

Jan 30, 2013 - 3:20 PM

Co s Union Energy ties up with a renewable energy firm for an 8 MW hydro plant project

Puregold buys 2 grocery chains

Jan 14, 2013 - 1:33 PM

The company is buying 4 Eunilaine and 11 Grocer E stores

Lucio Co-led Puregold to increase outlets to 200 by 2014

Jan 03, 2013 - 8:20 PM

The operator of Puregold S R and Parco is eying expansion of its nationwide outlets to 200 by 2014

Retail marriage: Puregold to acquire S&R

Mar 28, 2012 - 3:41 PM

A merger will allow the 2 retail firms which are both controlled by businessman Lucio Co to address all income segments