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SAN FRANCISCO BAY AND LOS ANGELES
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 250072 [Title] => Jollibee absorbs three non-operating subsidiaries [Summary] => Fastfood giant Jollibee Foods Corp. will absorb three wholly-owned subsidiaries in line with efforts to cut on costs and enhance administrative efficiency.
In a disclosure to the Philippine Stock Exchange, JFC said it will consolidate ownership over three non-operating subsidiaries Marys Foods Corp., Donut Magic Phils. Inc., and Ice Cream Copenhagen Phils. Inc. through a merger process where Jollibee will be the surviving entity.
[DatePublished] => 2004-05-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 227231 [Title] => Jollibee grants 20¢ cash dividend [Summary] => Fastfood giant Jollibee Foods Corp. declared a cash dividend of 20 centavos per share to stockholders, increasing its total pay-out this year to 35 centavos per share, the company told the Philippine Stock Exchange.
The latest cash dividend will be paid to shareholders of record as of Nov. 24 and paid on Dec. 8.
JFCs total 35-centavo cash dividend for the entire year represents a 25-percent increase over the cash dividend given last year. Earlier in May, JFC declared a 15-centavo per share cash dividend.
[DatePublished] => 2003-11-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Zinnia B. Dela Peña | May 15, 2004 - 12:00am
By Zinnia B. Dela Peña | November 9, 2003 - 12:00am
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