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Fruitas Holdings
Fruitas Holdings, Inc. is a food company in the Philippines which maintains several food and beverage kiosk chains including its flagship brand, Fruitas. It is publicly listed on the Philippine Stock Exchange. History Fruitas Holdings, Inc. traces its history to the Lush Enterprises Corporation which was incorporated in 2000. The company opened the first outlet of its flagship fruit juice and shake brand, Fruitas Fresh from Babot’s Farm at SM Supermalls, SM City Manila in 2002. It was started by businessman Lester Yu who previously made a failed venture in the pearl shake business through Lush Coolers. In 2004, Lush Enterprises introduced Juice Avenue. In 2005, Buko Ni Fruitas was launched. A year later, Black Pearl was launched in 2006. In 2011, Fruitas Ice Candy was launched, based on the Filipino Freezie, ice candy snack. The Buko Loco, Friends Fries, Tea Rex, and Fruitas House of Desserts brands were launched in 2012. In 2013, Lush Enterprises introduced 7,107 Halo-Halo I ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. '' The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such ...
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Freezie
A freezie or a freeze pop is a water-based frozen confection similar to an ice pop. It is made by freezing flavored liquid such as sugar water, fruit juice or purée inside a plastic casing or tube, either round or flat. Since freezies come in plastic sleeves, unlike popsicles, they do not require refrigeration. They also do not need to be frozen as solidly as a popsicle and can have a consistency similar to that of a slushie. Freezies are sold in a variety of flavors, including cherry, orange, lemon-lime, banana, watermelon, cream soda, blue raspberry, and grape. Name Freezies go by a variety of different names in different regions. The name freezie itself is most commonly used in Canada. Other regional names include freeze pop, freezer pop and Icee in the United States, ice pole and ice pop in the United Kingdom, icy pole in Australia, sip up and Pepsi ice in India, and ice candy in the Philippines. Names used in non-English speaking countries include bolis in Mexico and Co ...
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Companies Listed On The Philippine Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial p ...
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ABS-CBN News And Current Affairs
ABS-CBN Integrated News and Current Affairs, known on-air as ABS-CBN News (formerly known as ''ABS-CBN News and Public Affairs'' and later ''ABS-CBN News and Current Affairs''), is the news and current affairs production and distribution division of ABS-CBN Corporation. It is responsible for the daily news and information gathering and syndication of its news programs. The division is the Philippines largest news gathering and broadcast organisation and broadcasts on cable television, as well as online news through news.abs-cbn.com, which is the top news website in the country, as of November 2021. They are also the largest Filipino news organization internationally. It also maintains different foreign news bureaus and offices through ABS-CBN International, such as in North America, primarily in the United States and Canada; Europe, primarily in the United Kingdom, Hungary, and the Netherlands; Australia; Middle East, primarily in United Arab Emirates; different parts of Asia ...
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Balai Pandesal TriNoma Landmark Branch
The Balai, Bhalse, Balahi or Bhalay are found in the states of Madhya Pradesh, Rajasthan, Delhi and Uttar Pradesh in India. Balai means weaver. The bhalse are the upper group from the caste of balai some of the bhalse's are still doing the work of weaving The Bhalse's are bunkars and belong to the vaishya (Bania) caste they are usually found in madhyapradesh, rajasthan they make and sell clothes and are attached with the work of weaving. Acharya Shri Nanesh, the eighth Acharya of Sadhumargi Jain Shravak Sangha had preached among the Balai community in 1963 near Ratlam. His followers are called Dharmapal. Alot of them are follower of Lalgir, the venerable founder saint of a religious sect, call themselves 'Alakhgirs' and shrine of Sitala mata (smallpox goddess) can be found in their settlement and they observe nine day festival in her honour. They also pay tribute to Baba Ramdeo Ji. According to 2011 Census of India, Uttar Pradesh showed the Balai population as 1200, whils ...
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Virtual Restaurant
A virtual restaurant (also known as a ghost kitchen or dark kitchen) is a food service business that serves customers exclusively by delivery and pick up based on phone and online food ordering, online ordering. It is a separate food vendor entity that operates out of an existing restaurant's kitchen. By not having a full-service restaurant premise with a storefront and dining room, virtual restaurants can economize by occupying cheaper real estate. The reduced space lowers overall overhead and operational costs, thus yielding higher profit margins without reducing the price of the food provided. The ghost kitchen's lack of a retail presence allows for multiple restaurants and brands to buy into it. Background Virtual restaurants gained significant cultural and economic currency during the COVID-19 pandemic in 2020, when many restaurants were either completely idled due to restrictions on public dining, or curtailed significantly as very low numbers of patrons were permitted to be ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied b ...
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Securities And Exchange Commission (Philippines)
The Securities and Exchange Commission ( fil, Komisyon sa mga Panagot at Palitan}, commonly known as SEC) is the agency of the Government of the Philippines charged with the registration and supervision of corporations and securities, as well as capital market institutions and participants, in the Philippines. As such, the Commission champions investor protection in the Philippines, as part of its mandate. An agency under the Department of Finance, the SEC is headquartered at 7907 Makati Avenue, Barangay Bel-Air, Makati City. It has nine extension offices located in Baguio, Tarlac, Legazpi, Iloilo, Bacolod, Cebu, Cagayan de Oro, Davao and Zamboanga. History The SEC was established on October 26, 1936, by virtue of Commonwealth Act No. 83, or the Securities Act, in order to safeguard public interest in view of the local stock market boom at the time. It was created just two years after the United States Congress created the United States Securities and Exchange Commission. The ...
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SM Supermalls
SM Supermalls, also simply known as SM, owned by SM Prime, is a chain of shopping malls in the Philippines that as of November 18, 2022 has 82 malls located across the country and 20 more scheduled to be opened for an eventual total of 102 malls. It also has 7 malls in China, including SM Tianjin which is the sixth largest in the world in terms of gross leasable area (GLA). SM Supermalls has become one of the biggest mall operators in Southeast Asia. Combined, the company has about 9.24 million square meters of gross floor area (GFA). It has 17,230 tenants in the Philippines and 1,867 tenants in China. History The company was started in 1958 as Shoemart by Henry Sy, with its first store in Manila. In the 1960s, Shoemart expanded its shoe store chain in different locations. In 1972, Shoemart turned into a full-line department store. In 1985, the company ventured into the supermarket and home appliance store business. It opened the first "Supermall" in the same year named ...
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Food Industry
The food industry is a complex, global network of diverse businesses that supplies most of the food consumed by the world's population. The food industry today has become highly diversified, with manufacturing ranging from small, traditional, family-run activities that are highly labor-intensive, to large, capital-intensive and highly mechanized industrial processes. Many food industries depend almost entirely on local agriculture, produce, or fishing. It is challenging to find an inclusive way to cover all aspects of food production and sale. The UK Food Standards Agency describes it as "the whole food industry – from farming and food production, packaging and distribution, to retail and catering." The Economic Research Service of the USDA uses the term ''food system'' to describe the same thing, stating: "The U.S. food system is a complex network of farmers and the industries that link to them. Those links include makers of farm equipment and chemicals as well as fir ...
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Fruitas At GMall Of Cebu (12-19-2022)
Fruitas Holdings, Inc. is a food company in the Philippines which maintains several food and beverage kiosk chains including its flagship brand, Fruitas. It is publicly listed on the Philippine Stock Exchange. History Fruitas Holdings, Inc. traces its history to the Lush Enterprises Corporation which was incorporated in 2000. The company opened the first outlet of its flagship fruit juice and shake brand, Fruitas Fresh from Babot’s Farm at SM City Manila in 2002. It was started by businessman Lester Yu who previously made a failed venture in the pearl shake business through Lush Coolers. In 2004, Lush Enterprises introduced Juice Avenue. In 2005, Buko Ni Fruitas was launched. A year later, Black Pearl was launched in 2006. In 2011, Fruitas Ice Candy was launched, based on the Filipino ice candy snack. The Buko Loco, Friends Fries, Tea Rex, and Fruitas House of Desserts brands were launched in 2012. In 2013, Lush Enterprises introduced 7,107 Halo-Halo Islands. On February 18, ...
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Philippine Stock Exchange
The Philippine Stock Exchange, Inc. ( fil, Pamilihang Sapi ng Pilipinas; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Including previous forms, the exchange has been in operation since 1927. On a whole, the Philippine Stock Exchange has 275 listed companies. The main index for PSE is the PSE Composite Index (PSEi) composed of thirty (30) listed companies. The selection of companies in the PSEi is based on a specific set of criteria. There are also six additional sector-based indices. The PSE is overseen by a 15-member Board of Directors, chaired by José T. Pardo. History On February 3, 1936, the Securities and Exchange Commission announced that it had "relinquished control of the Manila Stock Exchange." The Philippine Stock Exchange was formed on December 23, 1995, from the merger of the Manila Stock Exchange (MSE) (established on August 12, 1927, bas ...
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