restructuring program - updates

Rappler's latest stories on restructuring program


PH exports dip by 3% in December 2015

Feb 10, 2016 - 3:06 PM

The National Economic and Development Authority attributes the drop to lower sales in manufactures agro based and mineral products which tempered higher earnings from petroleum products

LOWER EXPORTS. The export of manufactured goods declined by 1.8% in December 2015, after posting a slight improvement of 3.6% in November 2015. File photo by Romeo Gacad/AFP

PAL lays off 117 workers, outsources services

Sep 03, 2015 - 9:51 PM

The affected employees will receive a separation package of 125 of monthly basic salary per year of service and a gratuity pay of P100 000

FOCUSES ON CORE. PAL says it will be laying off about 2% of its total workforce

Max’s Group to raise P3.5B from revised follow-on offering

Nov 27, 2014 - 6:12 PM

At P17 75 per share the company will raise as much as P3 5 billion which will help pay its debt when it acquired Pancake House Inc

SEC approves Max’s Group P5B follow on offering

Nov 21, 2014 - 1:09 PM

Nearly P3 billion of the net proceeds from the offering is to be used to repay the long term debt incurred by the company when it acquired Pancake House Inc

Pancake House still in the red

Nov 17, 2014 - 7:16 PM

The unit of restaurant chain Max’s Group Inc incurs a P31 36 million net loss for Jan Sept this year