Filipino grandmaster Darwin Laylo scored twice in a row to tie for the lead with two other grandmasters after the third round of the PSC/Puregold International Chess Challenge held at the Subic Bay Peninsular Hotel, Subic Freeport Zone, Olongapo City.
GM Laylo upset GM Pavel Smirnov of Russia in the 2nd round and defeated IM Oliver Dimakiling in the 3rd to tie for the lead with GM Vitaly Sivuk of Ukraine and GM Boris Savchenko of Russia. The trio remained undefeated after three rounds of play.
Half a point behind them are Grandmasters Eugene Torre and Tigran Kotanjian of Armenia. Torre defeated GM Chithambaram Aravindh of India in 49 moves of Reti, New York and Capablanca System while GM Kotanjian upset top seed GM Abhijeet Gupta of India 35 moves of a QGA, Open Catalan.
The second international event is organized by the National Chess Federation of the Philippines (NCFP) with financial assistance from the Philippine Sports Commission headed by the Honorable Ricardo R. Garcia, PSC Chairman and in cooperation with the Philippine Olympic Committee through its President, the Honorable Jose R Cojuangco, Jr.
Major sponsors aside from the PSC are Asia United Bank (AUB), Burlington Performance Socks, MarcVentures Holdings Inc. and MarcVentures Mining and Development Corporation.