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Roxas Holdings, Inc. Board of Directors' Meeting Results May 2012

The Board of Directors of Roxas Holdings, Inc. (RHI), in its regular meeting held in May 2, 2012, approved the consolidated financial reports of the company for the quarter ending 31 March 2012.
The Board of Directors likewise approved the devolvement of its VP-Resident Managers, Mr. Dean L. Guevarra and Mr. Eduardo V. Concepcion, to its operating subsidiaries Central Azucarera Don Pedro, Inc. (CADPI) and Central Azucarera de la Carlota, Inc. (CACI), respectively.

The Board of Directors also approved the availment of a Php600M three (3)-year term loan and a Php200M clean working capital line by CADPI, CACI and/or RHI from Banco de Oro Unibank, Inc. The said long-term loan will be secured by the shareholdings of RHI in Hawaiian-Philippine Company, Inc.
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"Roxas Holdings, Inc. Board of Directors' Meeting Results May 2012" was written by Mary under the Business category. It has been read 2043 times and generated 0 comments. The article was created on and updated on 03 May 2012.
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