Business NEWS

With health warnings and recalls issued against Lucky Me! products overseas, manufacturer Monde Nissin Corporation said its products comply with local and US food safety standards.

The Monde Nissin Corporation’s 2022 Annual Stockholders’ Meeting (ASM) will be held online on June 24, 2022 (Friday) at 10:00 a.m. Details to participate are listed here.

Food manufacturer Monde Nissin Corporation reported that its net income dipped 0.9 percent to P2.3 billion in the first quarter of 2022 while core attributable net income dropped 13.5 percent to P2.1 billion.

Food manufacturer Monde Nissin Corporation reported that its unaudited net income fell 60.5 percent to P3.2 billion in 2021 primarily due to one-off items related to its Arran convertible note and initial public offering.

Food manufacturer Monde Nissin Corp. reported a 63.9 percent drop in net income to P3 billion in the first nine months of the year due to one-off items related to the firm’s initial public offering and the Arran convertible note.

Owing to prevailing COVID-19 restrictions, there will be no physical venue for the ASM. Rather, Monde Nissin Corporation’s 2021 Annual Stockholders’ Meeting (ASM) will be held online on November 23, 2021 (Tuesday) at 10:00 a.m.

Because of prevailing COVID-19 restrictions, Monde Nissin Corporation’s 2021 Annual Stockholders’ Meeting (ASM) will be held online. Read the story for more details.

Monde Nissin Corporation marked its debut at the Philippine Stock Exchange by ending just one fluctuation lower than its initial public offering price despite the weakness of the equities market.

Food and beverage firm Monde Nissin Corporation announced that its P54.89 billion initial public offering has been “multiple” times oversubscribed.

Food and beverage firm Monde Nissin Corporation disclosed the list of the 11 cornerstone investors that subscribed to about 67 percent of the shares from its P55.9 billion initial public offering.

Philippine food maker Monde Nissin Corp. is in talks with Singapore state investment fund GIC Pte and Hong Kong insurer AIA Group Ltd. to become cornerstone investors in what could be the country’s biggest-ever initial public offering, according to people familiar with the matter.

Monde Nissin Corporation has set the price of its initial public offering at P13.50 per share, substantially lower than its maximum offer price of P17.50.

The Philippine Stock Exchange has approved the stock offerings of Monde Nissin Corporation and AC Energy Corporation which, combined, will raise up to P88.9 billion from the equities market in May.

The Securities and Exchange Commission (SEC) has approved the planned P72.45 billion initial public offering of food and beverage manufacturer Monde Nissin Corporation. 

Monde Nissin Corporation, manufacturer of popular food and beverage products such as Lucky Me! instant noodles and Sky Flakes, is raising up to P72.5 billion from its planned initial public offering.