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RFM Corporation (PSE: RFM) is a publicly listed food and beverage company in the Philippines. RFM is a manufacturer of flour and flour-based products, milk, juice drinks, and ice cream. As of June 2013, RFM had an asset base of P12 billion and a total market capitalization of P17.1 billion. [1]
This page was last edited on 8 September 2024, at 06:58 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
In July 2002, SMC gained full ownership of the company after NZDB divested its stake. [4] With this, the company name was changed to Magnolia, Inc. and became a subsidiary of San Miguel Pure Foods Company, Inc. (now San Miguel Food and Beverage, Inc.), the corporate parent for the entire food and beverage portfolio of SMC.
The company was founded by Corazon Dayro Ong along with her husband Jose Ong on June 25, 1975 [1] as small business in her residence in Valenzuela. The business was initially known as CDO Food Products with "CDO" derived from the initials of the founder. Their house was transformed into a home factory. [2]
In 2007, the company bought SMC's 25% stake in the joint venture and became a 100% ownership of DMPL. [10] Since then, Del Monte Pacific Limited is a wholly-owned subsidiary of NutriAsia. [11] In 2009, the company's subsidiaries include Southeast Asia Food, Inc. (SAFI) and UFC Philippines, Inc. were absorbed into the holding company NutriAsia ...
Outlet in Taytay, Rizal. Over the years, Tropical Hut had been overshadowed by other fast food chains like Jollibee and suffered from poor marketing. [8]On June 12, 2022, a Twitter thread by stock analyst John Paul Tanyag (@dumidyeypee) [4] lamented how he was the only customer in their Escolta branch, and expressed nostalgia about the restaurant's former glory. [9]
Monde Nissin Corporation, commonly known as Monde Nissin or abbreviated as MNC, is a Philippine multinational food and beverage company with a portfolio of brands across instant noodles, biscuits, baked goods, culinary aids and alternative meat products categories, including Lucky Me!, SkyFlakes, Fita, M.Y. San Grahams and Nissin.
San Miguel Food and Beverage, Inc., (formerly known as San Miguel Pure Foods Company, Inc.), is a Philippine food and beverage company headquartered in Pasig, Metro Manila. It is the largest food and beverage company in the Philippines, with nearly 3,000 employees deployed in a nationwide network of offices, farms, manufacturing, processing and ...