^
+ Follow PHILTOWN PROPERTY DEVELOPMENT CO Tag
PHILTOWN PROPERTY DEVELOPMENT CO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 228939
                    [Title] => Swift Foods trims losses to P191M in first 9 months
                    [Summary] => Swift Foods Inc. trimmed its losses by 64.6 percent in the nine months to September this year, attributing the improvement in its financial performance to the recovery of the local poultry market in the third quarter.


The poultry unit of the Concepcion-owned conglomerate RFM Corp., Swift registered a net loss of P191 million in the first nine months, lower than the P540-million loss incurred the previous year-period.
[DatePublished] => 2003-11-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 177623 [Title] => RFM set to acquire meat processing unit of Swift [Summary] => RFM Corp., the food and beverage concern of the Concepcion-Araneta family, said yesterday that its board of directors has approved the proposal to acquire the meat processing business unit of Swift Foods Inc. as part of efforts to focus on its poultry and agri-business ventures.

RFM informed the Philippine Stock Exchange (PSE) that the proposed acquisition is still subject to the approval of directors of Swift. In exchange for the acquisition, RFM will assume the trade liabilities of Swift.
[DatePublished] => 2002-09-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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