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Listed Vitarich Corp. is still confident that it can eliminate its remaining debt by the end of the year, despite having missed its initial target of exiting corporate rehabilitation by September, company chief operating officer Ricardo Manuel Sarmiento said Tuesday night.

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Animal feeds and livestock producer Vitarich Corp. plans to beef up its consumer foods business and relaunch core products this year to spur growth and bring revenues close to pre-crisis levels.

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Listed animal feeds and livestock firm Vitarich Corp. will seek court approval to terminate a 15-year corporate rehabilitation process on the back of a regained market competence and substantial debt reduction.

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Animal feeds and livestock firm Vitarich Corp. is set to write off more than P2 billion worth of liabilities in its books through a debt-to-equity conversion to complete its corporate rehabilitation.

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KORMASINC INC

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Animal feeds and livestock producer Vitarich Corp. plans to beef up its consumer foods business and relaunch core products this year to spur growth and bring revenues close to pre-crisis levels.

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Listed animal feeds and livestock firm Vitarich Corp. will seek court approval to terminate a 15-year corporate rehabilitation process on the back of a regained market competence and substantial debt reduction.

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                    [Title] => Vitarich OKs P2.4-B debt-to-equity deal
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Animal feeds and livestock firm Vitarich Corp. is set to write off more than P2 billion worth of liabilities in its books through a debt-to-equity conversion to complete its corporate rehabilitation.

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abtest

Vitarich confident of settling debts by yearend

October 3, 2014 - 12:00am

Listed Vitarich Corp. is still confident that it can eliminate its remaining debt by the end of the year, despite having missed its initial target of exiting corporate rehabilitation by September, company chief operating...

Business

Vitarich to relaunch feeds line

By Neil Jerome C. Morales | July 8, 2014 - 12:00am

Animal feeds and livestock producer Vitarich Corp. plans to beef up its consumer foods business and relaunch core products this year to spur growth and bring revenues close to pre-crisis levels.

Business

Vitarich seeks approval for corporate rehab exit

By Neil Jerome Morales | July 5, 2014 - 12:00am

Listed animal feeds and livestock firm Vitarich Corp. will seek court approval to terminate a 15-year corporate rehabilitation process on the back of a regained market competence and substantial debt reduction....

Business

Vitarich OKs P2.4-B debt-to-equity deal

By Neil Jerome C. Morales | September 24, 2013 - 12:00am

Animal feeds and livestock firm Vitarich Corp. is set to write off more than P2 billion worth of liabilities in its books through a debt-to-equity conversion to complete its corporate rehabilitation.

Business