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                    [Title] => Jollibee sets up holding firm for US operations
                    [Summary] => Bullish on its growth prospects abroad, fastfood giant Jollibee Foods Corp. (JFC) will create a new international holding company to directly manage its businesses in the United States.


During the company’s special stockholders meeting yesterday, JFC chairman and president Tony Tan Caktiong said the move is in line with the group’s continued commitment in its businesses in the US.


                    [DatePublished] => 2003-10-18 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 222744
                    [Title] => Jollibee consolidates US operations
                    [Summary] => Fastfood giant Jollibee Foods Corp. (JFC) is consolidating its operations in the US by absorbing wholly-owned subsidiaries Superior FSC Foods Corp. and FSC Foods Corp.


In a disclosure to the Philippine Stock Exchange (PSE), JFC said its board of directors has approved the merger of offshore units FSC Foods and its holding firm Superior FSC Foods Corp. with the parent firm.  FSC Foods owns the eight Jollibee branches in the US.


The merger will be submitted for approval of stockholders in a special meeting on Oct. 17.


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FOODS AND SUPERIOR

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                    [Title] => Jollibee sets up holding firm for US operations
                    [Summary] => Bullish on its growth prospects abroad, fastfood giant Jollibee Foods Corp. (JFC) will create a new international holding company to directly manage its businesses in the United States.


During the company’s special stockholders meeting yesterday, JFC chairman and president Tony Tan Caktiong said the move is in line with the group’s continued commitment in its businesses in the US.


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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 222744
                    [Title] => Jollibee consolidates US operations
                    [Summary] => Fastfood giant Jollibee Foods Corp. (JFC) is consolidating its operations in the US by absorbing wholly-owned subsidiaries Superior FSC Foods Corp. and FSC Foods Corp.


In a disclosure to the Philippine Stock Exchange (PSE), JFC said its board of directors has approved the merger of offshore units FSC Foods and its holding firm Superior FSC Foods Corp. with the parent firm.  FSC Foods owns the eight Jollibee branches in the US.


The merger will be submitted for approval of stockholders in a special meeting on Oct. 17.


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abtest

Jollibee sets up holding firm for US operations

By Zinnia B. Dela Peña | October 18, 2003 - 12:00am

Bullish on its growth prospects abroad, fastfood giant Jollibee Foods Corp. (JFC) will create a new international holding company to directly manage its businesses in the United States. During the company’s...

Business

Jollibee consolidates US operations

By Zinnia B. Dela Peña | October 2, 2003 - 12:00am

Fastfood giant Jollibee Foods Corp. (JFC) is consolidating its operations in the US by absorbing wholly-owned subsidiaries Superior FSC Foods Corp. and FSC Foods Corp. In a disclosure to the Philippine Stock Exchange...

Business