+ Follow CONSUMER SAVINGS BANK Tag
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 829828
[Title] => PBCom gets BSP OK for cap hike to P27B
[Summary] => Publicly-listed Philippine Bank of Communications (PBCom) secured yesterday the green light to increase its authorized capital stock to P27 billion from the present level of P17.5 billion.
[DatePublished] => 2012-07-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 180061
[Title] => Swift Foods to focus on poultry business
[Summary] => The transfer of Swift Foods Inc.’s (SFI) meat processing business to its parent firm RFM Corp. will not result in any restructuring or reorganization within the group as SFI will concentrate on its poultry business while RFM strengthens its branded food line.
[DatePublished] => 2002-10-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 140292
[Title] => RFM income soars 72% in first 9 months
[Summary] => Despite a third quarter loss, RFM Corp. managed to preserve its earnings streak for the year with a substantial 72 percent jump in net income to P188 million in the first nine months, company officials said.
RFM president and CEO Jose Concepcion III attributed the profit surge to higher gross margins on its products, improving by as much as 33 percent mainly due to a better sales mix and improvement in selling prices of chicken, flour and processed meats that covered for increasing costs.
[DatePublished] => 2001-11-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 138868
[Title] => Lucio Tan’s Foremost Farms acquires Cebu’s Virginia Foods Corp.
[Summary] => Beer and tobacco magnate Lucio Tan’s Foremost Farms, the country’s undisputed leader in animal farming, recently acquired the Cebu-based Virginia Foods Corp. from the Chiongbians for P380 million, according to an industry source.
The acquisition of Virginia Foods, which manufactures the El Rancho line of processed meat products dominating the Visayas and Mindanao markets, gives the Tan group a strong foothold in the South.
[DatePublished] => 2001-11-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 93646
[Title] => Coca-Cola wins battle for Cosmos
[Summary] => RFM Corp. confirmed yesterday that it would sell its Cosmos Bottling Corp. subsidiary to Coca-Cola Bottlers Philippines, Inc. (CCBPI), a joint venture of Coca-Cola Co. and San Miguel Corp.
RFM president Jose Concepcion III said pricing and other details would be announced next week, at which time a memorandum of understanding (MOU) would be signed by the concerned parties.
He said RFM had the choice of an outright sale of its 83.5-percent stake in Cosmos or merging the operations of the soft drink bottler with Pepsico Inc.
[DatePublished] => 2001-07-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 95456
[Title] => RFM eyes sale of more assets to redeem maturing bonds
[Summary] => Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds.
RFM chief financial officer Meldin Al Roy said that while they expect to realize $36 million in net proceeds from the sale of its two subsidiaries – Consumer Savings Bank and the Nasdaq-listed PSi Technologies Holdings – the amount is not enough to cover the redemption payments for the convertible bonds.
[DatePublished] => 2001-06-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 97102
[Title] => RFM eyes sale of more assets to redeem maturing bonds
[Summary] => Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds.
RFM chief financial officer Meldin Al Roy said that while they expect to realize $36 million in net proceeds from the sale of its two subsidiaries – Consumer Savings Bank and the Nasdaq-listed PSi Technologies Holdings – the amount is not enough to cover the redemption payments for the convertible bonds.
[DatePublished] => 2001-06-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 92767
[Title] => RFM refocuses on core refreshment business
[Summary] => 
Q: After liquidating its interest in Consumer Savings Bank and, very recently, PSi Technologies, RFM Corp. has announced it is shifting back its gear to its core business of refreshment. What prompted this move?
[DatePublished] => 2001-06-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 95400
[Title] => RFM refocuses on core refreshment business
[Summary] => Q: After liquidating its interest in Consumer Savings Bank and, very recently, PSi Technologies, RFM Corp. has announced it is shifting back its gear to its core business of refreshment. What prompted this move?
[DatePublished] => 2001-06-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 95328
[Title] => RFM asks for more time to pay bonds
[Summary] => RFM Corporation and its wholly owned subsidiary, RFM Capital Ltd., announced yesterday that it would need more time to meet the redemption payments due May 30, 2001 on RFM Capital’s convertible bonds because of a temporary cashflow mismatch.
RFM is still pursuing several options for raising funds to meet this obligation, and expects to be able to conclude successfully this process within a reasonable time frame. Nonetheless, the company has been and will continue to be current in servicing the interest due on the bonds.
[DatePublished] => 2001-05-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
CONSUMER SAVINGS BANK
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 829828
[Title] => PBCom gets BSP OK for cap hike to P27B
[Summary] => Publicly-listed Philippine Bank of Communications (PBCom) secured yesterday the green light to increase its authorized capital stock to P27 billion from the present level of P17.5 billion.
[DatePublished] => 2012-07-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 180061
[Title] => Swift Foods to focus on poultry business
[Summary] => The transfer of Swift Foods Inc.’s (SFI) meat processing business to its parent firm RFM Corp. will not result in any restructuring or reorganization within the group as SFI will concentrate on its poultry business while RFM strengthens its branded food line.
[DatePublished] => 2002-10-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 140292
[Title] => RFM income soars 72% in first 9 months
[Summary] => Despite a third quarter loss, RFM Corp. managed to preserve its earnings streak for the year with a substantial 72 percent jump in net income to P188 million in the first nine months, company officials said.
RFM president and CEO Jose Concepcion III attributed the profit surge to higher gross margins on its products, improving by as much as 33 percent mainly due to a better sales mix and improvement in selling prices of chicken, flour and processed meats that covered for increasing costs.
[DatePublished] => 2001-11-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 138868
[Title] => Lucio Tan’s Foremost Farms acquires Cebu’s Virginia Foods Corp.
[Summary] => Beer and tobacco magnate Lucio Tan’s Foremost Farms, the country’s undisputed leader in animal farming, recently acquired the Cebu-based Virginia Foods Corp. from the Chiongbians for P380 million, according to an industry source.
The acquisition of Virginia Foods, which manufactures the El Rancho line of processed meat products dominating the Visayas and Mindanao markets, gives the Tan group a strong foothold in the South.
[DatePublished] => 2001-11-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 93646
[Title] => Coca-Cola wins battle for Cosmos
[Summary] => RFM Corp. confirmed yesterday that it would sell its Cosmos Bottling Corp. subsidiary to Coca-Cola Bottlers Philippines, Inc. (CCBPI), a joint venture of Coca-Cola Co. and San Miguel Corp.
RFM president Jose Concepcion III said pricing and other details would be announced next week, at which time a memorandum of understanding (MOU) would be signed by the concerned parties.
He said RFM had the choice of an outright sale of its 83.5-percent stake in Cosmos or merging the operations of the soft drink bottler with Pepsico Inc.
[DatePublished] => 2001-07-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 95456
[Title] => RFM eyes sale of more assets to redeem maturing bonds
[Summary] => Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds.
RFM chief financial officer Meldin Al Roy said that while they expect to realize $36 million in net proceeds from the sale of its two subsidiaries – Consumer Savings Bank and the Nasdaq-listed PSi Technologies Holdings – the amount is not enough to cover the redemption payments for the convertible bonds.
[DatePublished] => 2001-06-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 97102
[Title] => RFM eyes sale of more assets to redeem maturing bonds
[Summary] => Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds.
RFM chief financial officer Meldin Al Roy said that while they expect to realize $36 million in net proceeds from the sale of its two subsidiaries – Consumer Savings Bank and the Nasdaq-listed PSi Technologies Holdings – the amount is not enough to cover the redemption payments for the convertible bonds.
[DatePublished] => 2001-06-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 92767
[Title] => RFM refocuses on core refreshment business
[Summary] =>
Q: After liquidating its interest in Consumer Savings Bank and, very recently, PSi Technologies, RFM Corp. has announced it is shifting back its gear to its core business of refreshment. What prompted this move?
[DatePublished] => 2001-06-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 95400
[Title] => RFM refocuses on core refreshment business
[Summary] => Q: After liquidating its interest in Consumer Savings Bank and, very recently, PSi Technologies, RFM Corp. has announced it is shifting back its gear to its core business of refreshment. What prompted this move?
[DatePublished] => 2001-06-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 95328
[Title] => RFM asks for more time to pay bonds
[Summary] => RFM Corporation and its wholly owned subsidiary, RFM Capital Ltd., announced yesterday that it would need more time to meet the redemption payments due May 30, 2001 on RFM Capital’s convertible bonds because of a temporary cashflow mismatch.
RFM is still pursuing several options for raising funds to meet this obligation, and expects to be able to conclude successfully this process within a reasonable time frame. Nonetheless, the company has been and will continue to be current in servicing the interest due on the bonds.
[DatePublished] => 2001-05-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
