+ Follow JAZ COLA Tag
JAZ COLA
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[0] => Array
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[ArticleID] => 277620
[Title] => Cosmos restructuring to bear fruit this year
[Summary] => Cosmos Bottling Corp. is confident that initiatives to restructure its operations will begin to bring in favorable results in 2005 and beyond despite a slump in the carbonated beverage industry.
The company embarked last year on "difficult but necessary" programs to ensure long-term viability and growth, Cosmos chairman Ramon S. Ang said in a report to the company’s stockholders.
"We are optimistic that the initiatives and programs we set in place last year will begin to bring in favorable results in 2005 and beyond," Ang said.
[DatePublished] => 2005-05-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 277760
[Title] => Cosmos restructuring to bear fruit this year
[Summary] => Cosmos Bottling Corp. is confident that initiatives to restructure its operations will begin to bring in favorable results in 2005 and beyond despite a slump in the carbonated beverage industry.
The company embarked last year on "difficult but necessary" programs to ensure long-term viability and growth, Cosmos chairman Ramon S. Ang said in a report to the company’s stockholders.
"We are optimistic that the initiatives and programs we set in place last year will begin to bring in favorable results in 2005 and beyond," Ang said.
[DatePublished] => 2005-05-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 137925
[Title] => SMC agrees on P14-B price for Cosmos
[Summary] => Food and beverage conglomerate San Miguel Corp. and The Coca Cola Co. have finally agreed to purchase the controlling 83.2 percent interest in RFM unit Cosmos Bottling Corp. for P14 billion.
RFM president and chief executive officer Jose Concepcion III told The STAR yesterday that including the cash portion, the purchase price would be around P15 billion. "But if you deduct the expenses, it would be closer to P14 billion," he said.
The signing of the final purchase agreement is expected to take place in the next few days, according to Concepcion.
[DatePublished] => 2001-10-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 134801
[Title] => PSE clears Yap, Concepcion group
[Summary] => The Philippine Stock Exchange (PSE) cleared yesterday the Concepcions of the RFM Group, participating brokers as well as the PSE’s own chairman, Felipe Yap, of charges of insider trading and stock price manipulations raised against them by Iloilo Rep. Augusto Syjuco.
[DatePublished] => 2001-09-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1237694
[AuthorName] => Conrad M. Diaz Jr.
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => 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] =>
)
[5] => Array
(
[ArticleID] => 132609
[Title] => SMC to proceed as planned on Cosmos deal
[Summary] => San Miguel Corp. (SMC) is pushing through with its due diligence audit of Cosmos Bottling Corp. even as the RFM softdrinks subsidiary is in the middle of a legal battle intended to stop its sale.
SMC sources said the restraining order on the sale of CBC obtained by Iloilo Congressman Augusto Syjuco does not cover the conduct of due diligence by SMC, which is prepared to shell out P15 billion for 100 percent of CBC, the country’s second largest softdrink firm.
[DatePublished] => 2001-09-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => 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] =>
)
[7] => Array
(
[ArticleID] => 131672
[Title] => Abortionists
[Summary] => What? Snuff out the life of a new-born babe even before it can utter its first words? This was virtually the proposal of three senators – Blas F. Ople, Tessie Aquino-Oreta, and Ramon Magsaysay Jr. – when they suggested that the Senate end its probe into the charges of high crime lodges against their fellow senator Panfilo Lacson.
[DatePublished] => 2001-08-28 00:00:00
[ColumnID] => 133215
[Focus] => 0
[AuthorID] => 1189692
[AuthorName] => Art Borjal
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[8] => Array
(
[ArticleID] => 129258
[Title] => Cosmos income jumps 46% to P521M
[Summary] => Cosmos Bottling Corp. showed its value in the RFM family, as well as its big potential to future owner San Miguel Corp., by posting an impressive 46-percent gain in its net income for the first half of 2001.
In a report to stockholders yesterday, CBC president Antonio Panajon said in the six-month period, the company’s earnings reached P521 million and is trending towards the P1.1-billion income target for the whole year.
[DatePublished] => 2001-08-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 101010
[Title] => Cosmos set to declare P500-M cash dividend
[Summary] =>
Cosmos Bottling Corp., the beverage subsidiary of food giant RFM Corp., will
declare a cash dividend of P500 million during its special board meeting next
month, following its annual shareholders meeting.
In a disclosure to the Securities and Exchange Commission (SEC), the company
gave notice that its annual shareholders meeting has been scheduled for April
11, 2000 at 10 a.m. at the RFM head office in Mandaluyong City.
Cosmos chairman and chief executive officer Jose A.
[DatePublished] => 2000-03-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
October 26, 2001 - 12:00am
September 1, 2001 - 12:00am
