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Bacolod City, PhilippinesFriday, December 14, 2007
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VMC sells 10.66% stake
to Lucio Tan's Tanduay

The Victorias Milling Company has awarded to Tanduay Holdings Inc. 10.66 percent of its subscribed shares owned by the Miguel J. Ossorio Pension Foundation, VMC said in a disclosure released by the Philippine Stock Exchange yesterday.

Abelardo Bugay, chairman of VMC Retirement Committee, sent an advise to Tanduay that VMC sold 170,133,159 of its shares to the rhum-making company of the Lucio Tan Group of Companies.

Tanduay submitted its bid for the Ossorio shares last week, the PSE said in an earlier disclosure.

BSP grants computers
to W. Visayas schools

The Bangko Sentral Ng Pilipinas will turn over 43 computer sets to public schools in Western Visayas during rites at the BSP office in Iloilo City today.

The grant is under BSP's "Tulong Barya para sa Eskwela" coin re-circulation and fund raising campaign.

Of the 43 units, 32 will be given to schools in Iloilo City and Iloilo Province ; three to Capiz; two each to Aklan and Guimaras; and one each to Antique and Negros Occidental.

Business
VMC sells 10.66% stake to Lucio Tan's Tanduay
BSP grants computers to W. Visayas schools
 
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