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                    [Title] => Jollibee absorbs three non-operating subsidiaries
                    [Summary] => Fastfood giant Jollibee Foods Corp. will absorb three wholly-owned subsidiaries in line with efforts to cut on costs and enhance administrative efficiency.


In a disclosure to the Philippine Stock Exchange, JFC said it will consolidate ownership over three non-operating subsidiaries – Mary’s Foods Corp., Donut Magic Phils. Inc., and Ice Cream Copenhagen Phils. Inc. through a merger process where Jollibee will be the surviving entity.


                    [DatePublished] => 2004-05-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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DONUT MAGIC PHILS

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                    [Title] => Jollibee absorbs three non-operating subsidiaries
                    [Summary] => Fastfood giant Jollibee Foods Corp. will absorb three wholly-owned subsidiaries in line with efforts to cut on costs and enhance administrative efficiency.


In a disclosure to the Philippine Stock Exchange, JFC said it will consolidate ownership over three non-operating subsidiaries – Mary’s Foods Corp., Donut Magic Phils. Inc., and Ice Cream Copenhagen Phils. Inc. through a merger process where Jollibee will be the surviving entity.


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Jollibee absorbs three non-operating subsidiaries

By Zinnia B. Dela Peña | May 15, 2004 - 12:00am

Fastfood giant Jollibee Foods Corp. will absorb three wholly-owned subsidiaries in line with efforts to cut on costs and enhance administrative efficiency. In a disclosure to the Philippine Stock Exchange, JFC said...

Business