Tag: Monde Nissin

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Monde Nissin takes 15% of Figaro Coffee for P820.3M

Corporate Context.ph Context.ph -
Food giant Monde Nissin Corp. said Thursday it will acquire a 15 precent stake in Figaro Coffee Group Inc. for P820.3 million, equivalent to a price of P1 a share, a premium to the current market price of P0.89.

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ASEAN+3 fortifies regional financial shield with launch of rapid financing facility 

Finance 0
Regional economic stability received a significant boost today as amended terms governing the Chiang Mai Initiative Multilateralisation (CMIM) officially entered into force.

Solid Group, Singaporean partner plan USD40M solar venture

Energy & Mining 0
Solid Group Inc. is teaming up with a Singapore-linked investment group to establish a USD40-million venture that will build and operate a Philippine factory producing solar photovoltaic cells and modules for export.

MacroAsia profit drops 45% as costs, weaker affiliate earnings bite

Corporate 0
Higher operating costs and weaker contributions from associates, particularly aircraft maintenance unit Lufthansa Technik Philippines (LTP), dragged down MacroAsia Corp.’s nine-month net income attributable to parent-company shareholders by 45 percent to P560.4 million, despite revenue growth across its food services, airport ground handling and water businesses.

VinFast brings updated electric VF 8 SUV to Manila

Mobility 0
VinFast has introduced its updated VF 8 electric SUV in the Philippines, pricing the five-seater from P1.55 million with a battery subscription or P1.79 million with the battery included.

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