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                    [Title] => Roxas Holdings names new CFO
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Sugar miller Roxas Holdings, Inc. (RHI) announced yesterday the appointment of its new chief finance officer.

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                    [Title] => Roxas Group selling P2.5-B shares to finance expansion
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Roxas & Co. Inc. (RCI), the investment holding company of the Roxas Group, intends to raise as much as P2.5 billion this year from a share sale to beef up its real estate business while additional funds are also being eyed to support the expansion of its sugar-related business.

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                    [Title] => Moldex Realty Inc. and UCPB inked deal on Grand Riviera Suites
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Moldex Realty Inc., one of the country’s leading property developers, has signed a cooperative agreement with UCPB to bring about the rise of the Grand Riviera Suites.
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                    [Title] => A bad year for poultry
                    [Summary] => It was a bad year for many of the big poultry integrators.


Sources say that cash-strapped and debt-ridden Vitarich Corp. suffered a P600-million loss last year, most of which is reportedly due to the huge interest burden that the company has to carry and the failed Texas Chicken restaurant business. Just last week, Vitarich president Armando  Escobar was removed from his post following what appears to be a  major disagreement with the Sarmiento family which owns Vitarich. There are reports that former Davao Rep. Rogelio Sarmiento will take over the presidency of Vitarich.


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ARMANDO ESCOBAR

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Sugar miller Roxas Holdings, Inc. (RHI) announced yesterday the appointment of its new chief finance officer.

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                    [Title] => Roxas Group selling P2.5-B shares to finance expansion
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Roxas & Co. Inc. (RCI), the investment holding company of the Roxas Group, intends to raise as much as P2.5 billion this year from a share sale to beef up its real estate business while additional funds are also being eyed to support the expansion of its sugar-related business.

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                    [Title] => Moldex Realty Inc. and UCPB inked deal on Grand Riviera Suites
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                    [Title] => A bad year for poultry
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Sources say that cash-strapped and debt-ridden Vitarich Corp. suffered a P600-million loss last year, most of which is reportedly due to the huge interest burden that the company has to carry and the failed Texas Chicken restaurant business. Just last week, Vitarich president Armando  Escobar was removed from his post following what appears to be a  major disagreement with the Sarmiento family which owns Vitarich. There are reports that former Davao Rep. Rogelio Sarmiento will take over the presidency of Vitarich.


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abtest

Roxas Holdings names new CFO

November 17, 2015 - 9:00am

Sugar miller Roxas Holdings, Inc. (RHI) announced yesterday the appointment of its new chief finance officer.

Business

Roxas Group selling P2.5-B shares to finance expansion

February 26, 2015 - 12:00am

Roxas & Co. Inc. (RCI), the investment holding company of the Roxas Group, intends to raise as much as P2.5 billion this year from a share sale to beef up its real estate business while additional funds are also...

Business

Moldex Realty Inc. and UCPB inked deal on Grand Riviera Suites

July 30, 2010 - 12:00am

Moldex Realty Inc., one of the country’s leading property developers, has signed a cooperative agreement with UCPB to bring about the rise of the Grand Riviera Suites.

Supplements

A bad year for poultry

January 19, 2003 - 12:00am

It was a bad year for many of the big poultry integrators. Sources say that cash-strapped and debt-ridden Vitarich Corp. suffered a P600-million loss last year, most of which is reportedly due to the huge interest...

Business