^
+ Follow FELICISIMO NACINO Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 209181
                    [Title] => SEC okays SFI property dividend
                    [Summary] => Food and beverage giant RFM Corp. completed another step in its transformation to a branded food business with the recent approval by the Securities and Exchange Commission (SEC) of the upstreaming of Swift Foods, Inc. (SFI) as a property dividend to RFM’s shareholders.


This means SFI, one of the country’s dominant chicken producers, is no longer a subsidiary of RFM, but owned directly by its shareholders as a separate, publicly-listed corporation.
[DatePublished] => 2003-06-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 134168 [Title] => Court junks Syjuco bid to restrain RFM [Summary] => The Quezon City regional trial court has thrown out a petition by Iloilo Rep. Augusto Syjuco for a temporary restraining order (TRO) against RFM Corp. on the sale of its shares in Cosmos Bottling Corp. to food and beverage conglomerate San Miguel Corp.

In an order issued yesterday, acting judge Modesto Juanson of Branch 216 of the Quezon City RTC said that "after assessing both contentions, the court is inclined not to issue the TRO being sought. The supposedly irreparable injury plaintiffs (Syjuco) may suffer is not clearly defined and proven as yet. "
[DatePublished] => 2001-09-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 133598 [Title] => Court halts Cosmos sale; RFM, SMC unfazed [Summary] => The Quezon City Regional Trial Court issued yesterday an order temporarily blocking the sale of some assets of Cosmos Bottling Corp. to a joint venture led by food and beverage giant San Miguel Corp. (SMC).

RFM–Cosmos' parent firm– and SMC, however, are unfazed by the lower court’s decision, saying that discussions for the purchase of RFM’s shares in Cosmos will proceed despite the hurdles posed by the case filed by Iloilo Rep. Augusto Syjuco.
[DatePublished] => 2001-09-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804767 [AuthorName] => Cecille Suerte Felipe [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 132722 [Title] => RFM debunks charges of Iloilo solon [Summary] => RFM Corp. doused cold water yesterday on allegations by Iloilo Rep. Augusto Syjuco that it engaged in insider trading and stock market manipulation of Cosmos and RFM shares to keep share prices up.
[DatePublished] => 2001-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 132144 [Title] => Poultry sector headed for duopoly [Summary] => The Philippine poultry industry is headed for a duopoly — with San Miguel Foods and newly acquired Purefoods Corp. on one side, and the proposed merger between Swift Foods Inc. poultry division and Vitarich Corp. on the other.

RFM Corp. executive vice president Felicisimo Nacino told The STAR that a merger between RFM’s poultry unit and Vitarich will give San Miguel-Purefoods a good competition since each will have a 40-percent share of the poultry business.
[DatePublished] => 2001-09-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 129511 [Title] => RFM, Vitarich confirm merger talks [Summary] => RFM Corp. and Vitarich Corp. confirmed yesterday they are holding talks for a possible merger or strategic alliance between their poultry units, but were quick to add that these discussions are merely exploratory.

In a letter to the Philippine Stock Exchange, RFM corporate information officer Ramon Lopez said there is no certainty in the discussions yet as both Swift Foods Inc., the poultry subsidiary of RFM, and Vitarich "are still evaluating the opportunities for strategic alliance."
[DatePublished] => 2001-08-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
FELICISIMO NACINO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 209181
                    [Title] => SEC okays SFI property dividend
                    [Summary] => Food and beverage giant RFM Corp. completed another step in its transformation to a branded food business with the recent approval by the Securities and Exchange Commission (SEC) of the upstreaming of Swift Foods, Inc. (SFI) as a property dividend to RFM’s shareholders.


This means SFI, one of the country’s dominant chicken producers, is no longer a subsidiary of RFM, but owned directly by its shareholders as a separate, publicly-listed corporation.
[DatePublished] => 2003-06-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 134168 [Title] => Court junks Syjuco bid to restrain RFM [Summary] => The Quezon City regional trial court has thrown out a petition by Iloilo Rep. Augusto Syjuco for a temporary restraining order (TRO) against RFM Corp. on the sale of its shares in Cosmos Bottling Corp. to food and beverage conglomerate San Miguel Corp.

In an order issued yesterday, acting judge Modesto Juanson of Branch 216 of the Quezon City RTC said that "after assessing both contentions, the court is inclined not to issue the TRO being sought. The supposedly irreparable injury plaintiffs (Syjuco) may suffer is not clearly defined and proven as yet. "
[DatePublished] => 2001-09-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 133598 [Title] => Court halts Cosmos sale; RFM, SMC unfazed [Summary] => The Quezon City Regional Trial Court issued yesterday an order temporarily blocking the sale of some assets of Cosmos Bottling Corp. to a joint venture led by food and beverage giant San Miguel Corp. (SMC).

RFM–Cosmos' parent firm– and SMC, however, are unfazed by the lower court’s decision, saying that discussions for the purchase of RFM’s shares in Cosmos will proceed despite the hurdles posed by the case filed by Iloilo Rep. Augusto Syjuco.
[DatePublished] => 2001-09-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804767 [AuthorName] => Cecille Suerte Felipe [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 132722 [Title] => RFM debunks charges of Iloilo solon [Summary] => RFM Corp. doused cold water yesterday on allegations by Iloilo Rep. Augusto Syjuco that it engaged in insider trading and stock market manipulation of Cosmos and RFM shares to keep share prices up.
[DatePublished] => 2001-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 132144 [Title] => Poultry sector headed for duopoly [Summary] => The Philippine poultry industry is headed for a duopoly — with San Miguel Foods and newly acquired Purefoods Corp. on one side, and the proposed merger between Swift Foods Inc. poultry division and Vitarich Corp. on the other.

RFM Corp. executive vice president Felicisimo Nacino told The STAR that a merger between RFM’s poultry unit and Vitarich will give San Miguel-Purefoods a good competition since each will have a 40-percent share of the poultry business.
[DatePublished] => 2001-09-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 129511 [Title] => RFM, Vitarich confirm merger talks [Summary] => RFM Corp. and Vitarich Corp. confirmed yesterday they are holding talks for a possible merger or strategic alliance between their poultry units, but were quick to add that these discussions are merely exploratory.

In a letter to the Philippine Stock Exchange, RFM corporate information officer Ramon Lopez said there is no certainty in the discussions yet as both Swift Foods Inc., the poultry subsidiary of RFM, and Vitarich "are still evaluating the opportunities for strategic alliance."
[DatePublished] => 2001-08-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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