Fruitas Holdings, Inc., the Philippines’ leading food and beverage kiosk operator, is setting its five-year targets with the aim of hitting annual revenues of P5 billion and net income of P500 million on or before 2025. In a disclosure to the Philippine Stock Exchange, the firm said this will...
Fruitas Holdings, Inc., the Philippines’ leading food and beverage kiosk operator, is allotting up to P270 million for capital expenditures this year as it gears up for a strong rebound in 2021, building on the momentum seen in the second half of last year. In a disclosure to the...
DITO CME Holdings Corporation, the communications, media and entertainment unit of Davao businessman Dennis A. Uy, has teamed up with CloudSwyft to put up an online education platform. In a statement, DITO CME said it has signed a joint venture agreement with...
The Philippine Stock Exchange, Inc. and the Philippine Dealing System Holdings Corporation have expressed strong support for the passage of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Bill. The CREATE Bill is another landmark bill in a series of reform measures intend...
Business tycoon Manuel B. Villar has emerged as the only Filipino listed in Bloomberg Billionaire Index, a daily ranking of the world’s top 500 richest people, amid the economic turmoil caused by the pandemic. Business tycoon Manuel B. Villar (FACEBOOK / FILE PHOTO / MANILA BULLETIN) Based on the...
Fruitas Holdings, Inc., the Philippines’ leading food & beverage kiosk operator, is considering raising more funds as it is seeking to diversify outside its core food service businesses. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors...
SM Prime Holdings Inc. is planning to raise up to P10 billion from the issuance of bonds representing the second tranche of its Three-year Shelf Registration Debt Securities Program (DSP) of up to P100.0 billion Philippine Rating Services Corporation (PhilRatings) said it has assigned the...
Fruitas Holdings reported a special block sale of P50 million worth of its shares by a high net worth individual investing in the company’s high growth potential. In a disclosure to the Philippine Stock Exchange, the firm said the buyer is businessman Jefferson Y....
Lopez Holdings Corporation has formally filed a petition for voluntary delisting of its 4.63 billion common shares from the main board of the Philippine Stock Exchange (PSE). In a disclosure to the Philippine Stock Exchange, the firm said the delisting is conditioned on the public float...
The Department of Environment and Natural Resources (DENR) had just started its post-Typhoon Ulysses audit of all quarry and crushing plant operations in Rizal, but listed ATN Holdings Inc. (AHI) is already calling on the government to lift the suspension on the operations of its crushing plant in...
The board of directors of First Gen Corporation approved the declaration of cash dividends on array of its preferred shares that shall be paid to its shareholders by January next year. The company, in its disclosure to the Philippine Stock Exchange (PSE), stated that it will extend cash dividend of...
Leading food and beverage kiosk operator, Fruitas Holdings, Inc. (FHI) is introducing its own brand of fresh milk under the Babot’s Farm brand in addition to its line of milk products from Bukidnon Milk Company. In a disclosure to the Philippine Stock Exchange, the firm said the first product of...
