Jollibee Foods Corp (JFC.PS)

JFC.PS on Philippine Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Jollibee Foods signs agreement for JV with Cargill Philippines
Wednesday, 25 May 2016 

Jollibee Foods Corp : Co and Cargill Philippines, inc. , a wholly owned subsidiary of Cargill Inc. have entered into an agreement . Agreement to build and operate a poultry processing plant in Santo Tomas, Batangas In Philippines . Cargill and jfc will have a 70% and a 30% stake respectively in the joint venture . Jfc will invest 244.9 million pesos for 30% while cargill will invest 571.5 million pesos for 70% of CJPMPI .  Full Article

Jollibee Foods sales up 14.8 pct and profit up 17.7 pct in Q1
Friday, 13 May 2016 

Jollibee Foods Corp : Qtrly system wide retail sales up 14.8 percent to 34.35 billion pesos . Qtrly net income attributable to equity holders of parent co up 17.7 percent to 1.40 billion pesos . For 2016, co plans to invest 10.4 billion pesos in capital expenditures .  Full Article

Jollibee Foods Corp declares cash dividend
Wednesday, 12 Nov 2014 

Jollibee Foods Corp:Approves regular cash dividend of 0.89 Philippine pesos per share of common stock, which is 25.4 pct higher than regular cash dividend paid in same period last year.This will be paid on Dec. 18 to stockholders of record as of Nov. 27.  Full Article

BRIEF-Philippines' Jollibee to fully acquire Chinese food maker

* Says to acquire remaining 30 percent stake in Chinese food manufacturer Happy Bee Source text for Eikon: (http://bit.ly/21paSWW) Further company coverage: (Reporting by Neil Jerome Morales)