date:Aug 17, 2012
nings for the year 2013.
This transaction is likely to be funded by the company's recent placement of its treasury sales - in June 2012, the company raised about PHP7.44bn ($176.09m) through a private sale of 120 million treasury shares at PHP62 ($1.46) per share.
Earlier in 2012, the company noted that it will invest PHP5.18bn ($122.60m) in capital expenditures this year, up from 14% in 2011, with the majority of it being set apart for strengthening of its consumer food operations.
URCI produce