The Philippine Stock Exchange (PSE) has approved the application of Roxas Holdings Inc. (RHI) for a nine-day voluntary suspension of the trading of its stocks following the planned takeover of young tycoon Leandro Leviste. In its letter to the PSE, RHI said it sought a trading suspension to avoid...
Young billionaire Leandro Leviste’s Countryside Investments Holdings Corporation has signed a term sheet with tycoon Manuel V. Pangilinan to invest P5 billion for an initial 71.6 percent in Roxas Holdings Inc. Countryside’s investment will help Roxas Holdings service debt to avoid bankruptcy,...
Central Azucarera Don Pedro Inc. (CADPI), a wholly-owned sugar mill subsidiary of the First Pacific Co.-controlled Roxas Holdings Inc., announced that it has permanently closed its business operations effective on Feb. 28, 2024 due to serious business losses and the government’s sugar...
Sugar and ethanol producer Roxas Holdings, Inc. (RHI) reported a core net loss of P198 million for the first quarter of its fiscal year ending September 2023, slightly higher than its loss of P196 million for the same period last year. In a disclosure to the Philippine Stock Exchange, RHI Chairman...
Sugar and ethanol producer Roxas Holdings, Inc. is optimistic of its continued recovery after it managed to pare down losses to P752 million in its fiscal year ending September 30, 2021 from the P939 million net loss in the previous year. In a disclosure to the Philippine Stock Exchange, the firm...
Sugar and ethanol producer Roxas Holdings, Inc. (RHI) reported a lower net loss of P496 million in the first quarter of 2022 compared with the net loss of P574 million in the same period last year. “While the Group’s revenues were higher last year, these gains were adversely affected by the...
Listed sugar and ethanol producer Roxas Holdings, Inc. reported a higher net loss of P240 million for the first quarter of its fiscal year ending in September 30, 2021 from a net loss of P36 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this...
