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Monde Nissin incurs P13-B net loss in 2022 - BusinessWorld Online

Monde Nissin incurs P13-B net loss in 2022 - BusinessWorld Online
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Philippine food maker Monde Nissin buys 15% stake in Figaro Coffee for $15m

Monde Nissin acquiring 15% of Figaro Coffee Group

Food manufacturer Monde Nissin Corporation is acquiring a 15 percent stake in restaurant chains owner Figaro Coffee Group Inc. (FCG) for P820.3 million or P1.00 per share. In a similar disclosures to the Philippine Stock Exchange, the two firms said the transaction shall consist in the subscriptio

Monde Nissin banks on explosive growth of Quorn

Monde Nissin Corporation lists shares at Philippine Stock Exchange The stock traded at a range of P13.46 to P13.56 per share before closing at P13.48 apiece, slightly lower than its IPO price of P13.50. Monde Nissin raised P48.6 billion from its offering of 3.6 billion shares with an over allotment option of 540 million shares. Securities and Exchange Commission Chairman Emilio Aquino said “Monde Nissin IPO offering is worth as much as P48.6 Billion the largest IPO in Southeast Asia this year so far.” He added that, “This could hopefully help regain the confidence of the investing public on the PH stock market; as well as stir up our economy considering that majority of its proceeds from the offering will be used for capital expenditures in its operations in the Philippines.”

Monde Nissin discloses 11 cornerstone investors

Published May 19, 2021, 4:35 PM Food and beverage firm Monde Nissin Corporation disclosed the list of the 11 cornerstone investors that subscribed to about 67 percent of the shares from its P55.9 billion initial public offering. In a statement, the firm said the cornerstone investors are: AIA Investment Management Private Limited, Stichting Depositary APG Emerging Markets Equity Pool, Avanda Investment Management Pte. Ltd., The Capital Group Funds, Eastspring Investments (Singapore) Limited, FIL Investment Management (Hong Kong) Limited, GIC Private Limited, Goldman Sachs Asset Management (Singapore) Pte. Ltd., M&G Investment Management Limited, NS Partners Ltd, and RWC Asset Advisors (US) LLC.  The firm said the 11 renowned cornerstone investors will form the long-term base of the Company’s share register.  

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