Corporate
Fruitas expands into roasted chicken market with majority stake in Mang Bok’s
Fruitas Holdings Inc., a leading player in the Philippine food and beverage sector, has made a significant move into the roasted chicken market by acquiring a 60 percent majority stake in Boksbro Inc., the parent company of the popular Mang Bok’s food chain.
Figaro Coffee Group posts strong 17% 1Q income growth
Figaro Coffee Group Inc. (FCG), the parent company of Figaro Coffee and Angel’s Pizza, reported a solid 17 percent increase in income in the quarter ending September, bolstered by strategic expansion and operational efficiency.
DoubleDragon retail bond offer period cut short on over subscription
Listed property developer and hospitality firm DoubleDragon Corp. said Tuesday it cut short by two days the offer period for its retail bond due to overwhelming demand.
LBC reports 9-month loss amid restructuring efforts
LBC Express Holdings Inc. on Monday reported a net loss of P127.82 million in the first nine months of 2024, a sharp contrast to last year’s P215.22 million profit.
Top Line delays IPO to Q1; awaits institutional investors
Cebu-based Top Line Business Development Corp. said Monday it has decided to delay its initial public offering to the first quarter of 2025. The IPO was set to start this month.
