煙草在線據(jù)《菲律賓每日問詢報(bào)》報(bào)道編譯　　陳永栽集團(tuán)（LTG）已取消了與菲莫集團(tuán)簽署的退出協(xié)議，確認(rèn)了其對(duì)煙草企業(yè)的承諾。

　　在12月11日向菲律賓證券交易所披露的文件中，陳永栽集團(tuán)表示，其董事會(huì)以及福川煙草公司（FTC），已同意終止福川煙草公司與菲莫菲律賓制造公司在2010年簽署的退出權(quán)利協(xié)議。

　　來(lái)自陳永栽集團(tuán)的消息來(lái)源稱，雙方終止退出協(xié)議只是意味著福川煙草公司“不會(huì)退出或離開煙草業(yè)務(wù)”。

　　2010年成立的合資公司——菲莫福川煙草公司（PMFTC），經(jīng)營(yíng)福川煙草公司和菲莫公司的合作業(yè)務(wù)。

　　陳永栽集團(tuán)擁有福川煙草公司至少83%的股權(quán)，相應(yīng)地，擁有菲莫福川煙草公司49.6%的股權(quán)。

　　近日，陳永栽集團(tuán)表達(dá)了對(duì)非法卷煙貿(mào)易的關(guān)注，一個(gè)競(jìng)爭(zhēng)對(duì)手會(huì)以一個(gè)“在經(jīng)濟(jì)上不可持續(xù)的”價(jià)格即每支1比索的價(jià)格出售產(chǎn)品。

　　陳永栽集團(tuán)指出了今年消費(fèi)者轉(zhuǎn)向低價(jià)卷煙的趨勢(shì)。在截止到今年7月的三個(gè)月中，低價(jià)卷煙產(chǎn)品的份額，包括菲莫福川煙草公司的品牌，從去年同期的僅有15%，增長(zhǎng)到整個(gè)市場(chǎng)規(guī)模的44%。

　　由于菲莫福川煙草公司的資產(chǎn)凈收益減少了，因此在今年1-9月，陳永栽集團(tuán)的煙草業(yè)務(wù)凈收入同比下降了37.7%，達(dá)到28億比索。第三季度的銷量減少到178億支，同比下降了20.7%，而在2013年第一季度的銷量同比下降了42.5%，今年第二季度的銷量同比下降16.5%。

　　陳永栽集團(tuán)認(rèn)為，非法卷煙貿(mào)易已經(jīng)成為菲律賓僅次于石油走私的一個(gè)關(guān)鍵問題。隱蔽的國(guó)內(nèi)制造卷煙以及來(lái)自于國(guó)外的走私產(chǎn)品助長(zhǎng)了非法貿(mào)易。

　　另外，福川煙草公司和陳永栽集團(tuán)的董事會(huì)批準(zhǔn)了一項(xiàng)修訂的分紅政策，將“大幅提高股東利益”，并將于2014年1月生效。

　　福川煙草公司已經(jīng)批準(zhǔn)了股票分紅的聲明，相當(dāng)于96.2億股普通股。

　　同時(shí)，陳永栽集團(tuán)肯定了支持其銀行業(yè)務(wù)部門——菲律賓國(guó)家銀行（PNB）的承諾。其董事會(huì)已批準(zhǔn)通過(guò)其控股公司根據(jù)股權(quán)發(fā)行來(lái)認(rèn)購(gòu)至少9780萬(wàn)股菲律賓國(guó)家銀行的股份。

Philippines: LTG Shores up Tobacco Venture

　　The Lucio Tan group has scrapped an exit agreement with the Philip Morris group, affirming its commitment to their tobacco venture.

　　In a disclosure to the Philippine Stock Exchange on Wednesday, LT Group Inc. (LTG) said its board, as well as that of Fortune Tobacco Corp. (FTC), has agreed to terminate the exit rights agreement FTC sealed with Philip Morris Philippines Manufacturing Inc. in 2010.

　　A source from LTG said the termination of the exit agreement by both parties simply meant that FTC was "not about to exit or leave the tobacco business."

　　Philippine Morris Fortune Tobacco Corp. (PMFTC), the joint venture firm created in 2010, operates the combined businesses of FTC and Philip Morris.

　　LTG owns at least 83 percent of FTC which, in turn, owns 49.6 percent of PMFTC.

　　Recently, LTG expressed its concern over the illicit trade in cigarettes, where a competitor could sell products at an "economically unsustainable" price of P1 a stick.

　　LTG noted the downtrading by cigarette consumers this year. The share of the low-priced segment, including PMFTC's brands, increased to 44 percent of the overall market in the three months to July, from only 15 percent the previous year.

　　LTG's tobacco business posted a 37.7-percent year-on-year decline in net income from January to September to P2.8 billion, due to PMFTC's lower equity in net earnings. Volume reached 17.8 billion sticks in the third quarter—20.7 percent lower year on year—compared with the 42.5 percent year-on-year volume drop in the first quarter of 2013, and the 16.5 percent decline in the second quarter of this year.

　　Next to oil smuggling, LTG believes the illicit trade of cigarettes has become a key concern of the Philippines. Underground domestic manufacturing of cigarettes and the smuggling of products from abroad are seen to fuel the illegal trade.

　　Also, the boards of FTC and LTG approved an amended dividend policy effective January 2014 that would "substantially increase the benefits to its shareholders."

　　FTC already approved the declaration of stock dividend equivalent to 9.62 billion common shares.

　　Meanwhile, LTG has affirmed its commitment to support its banking arm, Philippine National Bank. Its board approved the subscription to at least 97.8 million shares of PNB through its holding companies pursuant to its stock rights offering. Enditem