PAYLESS AND NISSIN

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                    [ArticleID] => 381447
                    [Title] => URC sets aside P7.1B for expansion
                    [Summary] => 



Universal Robina Corp. (URC), the food manufacturing arm of the Gokongweis’ JG Summit Holdings Inc., is allotting P7.1 billion this year for the continued expansion of its beverage and biscuit lines, flour milling capacity, piggery and feed operations.


The programmed capital budget is higher than last year’s P5.5 billion.


                    [DatePublished] => 2007-01-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 357532
                    [Title] => As OFW Remittances Boost Consumer Spending: Foreign broker bets on food, beverage companies
                    [Summary] => 



Companies selling food and beverage are likely to post higher earnings this year on strong consumer spending, aided by robust remittances from the nation’s more than eight million overseas workers, according to a foreign brokerage firm.


Macquarie Securities said consumer stocks offer a good investment alternative due to rising private consumption on the back of robust OFW remittances.


                    [DatePublished] => 2006-09-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 320963
                    [Title] => URC mulls sale of more shares due to strong demand
                    [Summary] => Universal Robina Corp. (URC), the food manufacturing unit of JG Summit Holdings Inc., may sell more shares to the public after the recent secondary share offer drew strong demand from global institutional investors.


URC said the demand for the offering was in excess of the total 634.78 million shares sold in both the local and international markets.   The shares were sold at P17 a share or a discount of 8.8 percent from the closing stock price of P 18.50 last Monday.


                    [DatePublished] => 2006-02-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [3] => Array
                (
                    [ArticleID] => 207334
                    [Title] => Universal Robina allots P3.7B for capex
                    [Summary] => Universal Robina Corp., the flagship food manufacturing arm of the Gokongweis’ JG Summit Holdings Inc., is allotting between P3.2 billion and P3.7 billion for its two-year capital expenditure program in line with  efforts to maintain its dominance in the Philippine market and capture a sizeable share of the Asian regional markets.


URC president and chief operating officer Lance Gokongwei said of the total budget, P2 billion to P2.2 billion will be spent this year while the balance of P1.2 billion to P1.5 billion will be used next year to finance new investments.


                    [DatePublished] => 2003-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 191466
                    [Title] => URC taps ING, Salomon for dollar notes offering
                    [Summary] => Universal Robina Corp. (URC), the flagship company of the Gokongwei family’s JG Summit Holdings, confirmed yesterday plans of issuing US dollar-denominated notes this year to take its regional expansion program in full throttle, although the terms of the offer are still being worked out.


In a disclosure to the Philippine Stock Exchange, URC said it has appointed ING and Salomon Smith Barney as joint bookrunners and lead managers for the offering.


                    [DatePublished] => 2003-01-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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URC sets aside P7.1B for expansion

By Zinnia B. Dela Peña | January 24, 2007 - 12:00am

Universal Robina Corp. (URC), the food manufacturing arm of the Gokongweis’ JG Summit Holdings Inc., is allotting P7.1 billion this year for the continued expansion of its beverage and biscuit lines,...

Business

As OFW Remittances Boost Consumer Spending: Foreign broker bets on food, beverage companies

By Zinnia B. Dela Peña | September 11, 2006 - 12:00am

Companies selling food and beverage are likely to post higher earnings this year on strong consumer spending, aided by robust remittances from the nation’s more than eight million overseas workers, according...

Business

URC mulls sale of more shares due to strong demand

By Zinnia B. Dela Peña | February 10, 2006 - 12:00am

Universal Robina Corp. (URC), the food manufacturing unit of JG Summit Holdings Inc., may sell more shares to the public after the recent secondary share offer drew strong demand from global institutional investors. URC...

Business

Universal Robina allots P3.7B for capex

By Zinnia B. Dela Peña | May 24, 2003 - 12:00am

Universal Robina Corp., the flagship food manufacturing arm of the Gokongweis’ JG Summit Holdings Inc., is allotting between P3.2 billion and P3.7 billion for its two-year capital expenditure program in line...

Business

URC taps ING, Salomon for dollar notes offering

By Christina Mendez | January 14, 2003 - 12:00am

Universal Robina Corp. (URC), the flagship company of the Gokongwei family’s JG Summit Holdings, confirmed yesterday plans of issuing US dollar-denominated notes this year to take its regional expansion program...

Business