^
+ Follow BAKER FRESH Tag
BAKER FRESH
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 378338
                    [Title] => SEC okays merger of 3 Jollibee units
                    [Summary] => 



The Securities and Exchange Commission (SEC) has approved the plan of Jollibee Foods Corp. to merge three of its major subsidiaries – Chowking Food Corp., Greenwich Pizza Corp. and Baker Fresh Foods Philippines.


The surviving entity would be Chowking, under the name Fresh N’ Famous Foods Inc., which will become the second-largest fastfood service company in the country next to Jollibee itself, accounting for 52 percent of group-wide sales.
[DatePublished] => 2007-01-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 368169 [Title] => Jollibee merges Chowking, Greenwich, Delifrance [Summary] => Jollibee Foods Corp. is merging its three wholly-owned fastfood units – Chowking Food Corp., Greenwich Pizza Corp. and Baker Fresh Foods Philippines – in line with efforts to enhance operational efficiency.

In a disclosure to the Philippine Stock Exchange, Jollibee said the merger is part of its program to "simplify its legal structure and improve its administrative efficiency". Chowking will be the surviving entity.
[DatePublished] => 2006-11-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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