Message of Lucio Tan III Given During the Organizational Meeting

I am deeply honored to accept the appointment as President and Chief Operating Officer. I thank the board of directors for entrusting me with this responsibility, and I am grateful to all of you for your support. In exercising the functions of my new role, rest assured that I will be guided by the values of integrity, diligence, excellence, and transparency.

As I assume this crucial task, I am keenly aware of the challenges we face as a company. The business landscape is constantly evolving, and we must adapt quickly to stay competitive. However, I am confident that with our talented and dedicated team, we will overcome these challenges and achieve even greater success. Thank you, once again.

ABA to repurchase up to Php 45 million of common stock

AbaCore Capital Holdings Inc. (PSE:ABA), a holding company with interests in various sectors such as tourism, real estate, financial services, and energy, is set to repurchase up to Php 45 million of its common stock upon the board’s approval to finalize details of the company’s buyback program.

PNB appoints Lucio Tan as Chairman Emeritus

In a significant move, bilyonaryo Lucio C. Tan has taken on the role of chairman emeritus at the Philippine National Bank, while his wife, Carmen has joined the bank’s distinguished board Advisors.