The Securities and Exchange Commission (SEC) has heeded the call of minority shareholders of Liberty Flour Mills Inc. (LFM) to look into the alleged violation of their right to inspect the company’s records and books of account. In a disclosure to the Philippine Stock Exchange (PSE), LFM said it...
Liberty Flour Mills Inc., a veteran food manufacturer, has been flagged by the Securities and Exchange Commission (SEC) for failing to disclose years of transactions with a distributor controlled by its own directors, according to regulatory filings. In a disclosure to the Philippine Stock...
Shareholders of Liberty Flour Mills Inc. have requested that the Securities and Exchange Commission intervene and investigate alleged irregularities involving the company, as well as the ₱804.7 million in uncollected receivables from its distributor, Parity Values Inc. (PVI). Through their...
Liberty Flour Mills Inc. (LFM) has completed the sale of the Liberty Building to its listed real estate subsidiary, LFM Properties Corporation (LPC), allowing it to focus on its core flour and other food businesses. In disclosures to the Philippine Stock Exchange, LFM and LPC announced the signing...
Publicly-listed niche property developer Haus Talk Inc. expects to generate P9 billion in sales from the developoment of a P1 billion property it has acquired from Liberty Flour Mills Inc. In a disclosure to the Philippine Stock Exchange, Haus Talk said its Board of Directors has approved the...
Local flour millers have asked the Tariff Commission to retain the most favored nation (MFN) tariff rate on milling wheat and wheat flour for the 2024-2028 to ensure continued supply of flour in the country at stable prices. Ric Pinca, executive director of the Philippine Association of Flour...
Scientists bio-engineered a variety of flour that can make people feel fuller for a longer time and help lower blood glucose levels. Photo: Mariana Kurnyk/Pexels Scientists from King's College London in the UK developed a new type of flour from a variety of chickpeas, lentils, and beans. While...
Local flour millers will seek to extend the three-year definitive anti-dumping duty on wheat flour from Turkey on fears that “dumping” practices could resume once the punitive duty expires. In a statement, Philippine Association of Flour Millers (PAFMIL) Executive Director Ric Pinca said local...
The Tariff Commission said the definitive anti-dumping duty on the importation of wheat flour from Turkiye is set to expire on October 27 this year and urged concerned parties to submit their position on the matter. In an advisory, the Commission urged concerned parties to file a written request...
Flour millers assured consumers, bakery and food industries of a steady supply and prices of high-quality wheat flour for the holiday season, although higher prices for new wheat arrivals may kick in. Philippine Association of Flour Miller's (PAFMIL) Executive Director Ric Pinca made the supply...
Coco pandesal is an alternative to the typical pandesal. Photo courtesy of the Department of Agriculture. Coco pandesal is being marketed as an alternative to the typical pandesal. The new pandesal was launched on June 29, 2022, amid a time when Filipino bakers are struggling with the increasing...
The Securities and Exchange Commission (SEC) has approved the planned P2.68 billion listing of LFM Properties Corporation on the stock exchange by way of introduction. In its meeting on June 28, the Commission En Banc rendered effective the registration statement of LFM Properties covering up to...
