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Macario Te son joins Benguet Corp. board

The son of bilyonaryo Macario Te has joined the board of Benguet Corp.

Anthony M. Te, chair of Asian Appraisal Co., was elected director by the Benguet Corp. board on 25 September 2020.

READ: Butch Alcantara, Macario Te son bulk up Marcventures stake as Romualdezes shed some shares

Anthony, who is also director of Marcventures Mining & Development Corp., will take over the seat vacated by Romeo L. Go who resigned recently. Go took over the seat of former Benguet Corp. chair Daniel Romualdez after he resigned in November 2019.

READ: Benguet Corp. shakeup continues: 2 directors resign 3 months after Daniel Romualdez quits

Aside from Anthony, the board also elected Kwok Yam Ian Chan as director in place of the recently resigned Edgar Dennis A. Padernal.

Chan is currently a director of Zenith System and Heavy Equipment, Seaborne Shipping Inc., Isky Empire Realty Inc., Megalifters Cargo Handling Corporation, King Dragon Realty Corporation and DK Ventures Inc.

Both Benguet Corp. and Marcventures are controlled by the Romualdez family.

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