The new management launched a plant modernization and expansion program that increased the distillery's production capacity by almost 50 times.

[4] Subsidiaries:[5] On July 8, 1999, Asian Pacific Equity Corporation (PSE: APEC), a company also owned and controlled by Lucio Tan, acquired 100% ownership of Twin Ace Holdings Corporation via a share swap with Twin Ace's existing shareholders.

The left shield is based on the escutcheon of the Ynchausti family crest, the original owners of the Tanduay distillery.

Tanduay Distillers, Inc. announced that production will be relocated to a larger facility located in Cabuyao, Laguna, capable of producing 100,000 cases a day.

In March 2017, Tanduay became the first Philippine brand to have a major sponsorship deal with a National Basketball Association team and arena.

The partnership will designate Tanduay as the official rum of Barclays Center and the Brooklyn Nets, as well as the presenting sponsor of the venue's 40/40 Club & Restaurant for the remainder of the 2016–17 NBA season.

Additionally, Tanduay Rhum will be an associate sponsor of the arena's Brooklyn Show platform and will have a variety of signage integrated throughout the venue.

Additionally, Tanduay will benefit from a variety of signage integrated throughout the Warriors home venue, the Oracle Arena.

[13] In March 2020, during the COVID-19 pandemic, the company started producing ethyl alcohol (under Absolut Distillers, Inc.) for hospitals to augment the shortage of the antiseptic in medical facilities.