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601-616 of 616
Was waiting at 85.5 its 50MA support. with the white marubozo shooting through the 20MA, coupled with the announcement of the bonus, very unlikely to see this again.
got to wait another cycle for this euphoria to settle down. buying will have to pay for the premium of the bonus. not a good entry strategy.
NOTICE OF BOOKS CLOSURE BONUS ISSUE OF UP TO 215,869,298 NEW ORDINARY SHARES (“BONUS SHARES”) IN THE CAPITAL OF DEL MONTE PACIFIC LIMITED (THE “COMPANY”) ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY TEN (10) EXISTING ORDINARY SHARES HELD BY THE SHAREHOLDERS OF THE COMPANY (THE “BONUS ISSUE”)
NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the Company will be closed at 5.00 p.m. on 11 April 2013 for the purpose of determining shareholders’ entitlements to the Bonus Shares under the Bonus Issue.
Duly completed registrable transfers received by the Company’s Share Transfer Agent, Boardroom Corporate & Advisory Services Pte. Ltd. at 50 Raffles Place, Singapore Land Tower #32-01, Singapore 048623 up to the close of business at 5.00 pm on 11 April 2013 will be registered to determine shareholders’ entitlements to the Bonus Shares.
Members whose securities accounts with The Central Depository (Pte) Limited are credited with shares at 5.00 pm on 11 April 2013 will be entitled to the Bonus Shares under the Bonus Issue.
By Order of the Board
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/4407ED98BFE8A2E348257B400029FED2?opendocument
(Incorporated in the British Virgin Islands)
The Board of Directors of Del Monte Pacific Limited (the “Company”) had previously announced on 27 February 2013 a proposed bonus issue of up to 216,044,498 new ordinary shares each in the capital of the Company (“Bonus Shares”) on the basis of two (2) Bonus Shares credited as fully paid for every ten (10) existing ordinary shares held in the capital of the Company (the “Proposed Bonus Issue”).
The Board of Directors of the Company is pleased to announce that in-principle approval has been obtained from the Singapore Exchange Securities Trading Limited (the “SGX-ST”) on 28 March 2013 in respect of the Company’s application for the listing of and quotation of up to 215,869,298 Bonus Shares1, subject to compliance with the SGX-ST’s listing requirements.
By Order of the Board
1 This is the maximum number of Bonus Shares which may be issued assuming that 1,350,000 outstanding employee share options
Better performance of its branded business in the Philippines and Indian subcontinent helped push revenue for Del Monte Pacific higher in the fourth quarter.
This, coupled with lower advertising and promotions and a smaller share in the losses of an affliate increased its earnings slightly.
Net profit attributable to shareholders grew 2.3 per cent to US$13.4 million for the three months ended December, while revenue rose 3.5 per cent to US$159.5 million.
The firm reported firmer results for the full year.
MEDIA RELEASE – DEL MONTE PACIFIC FULL YEAR NET PROFIT GREW BY 17% DRIVEN BY BRANDED BUSINESS * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/DA1EF317E570578D48257B1F00354E8C?opendocument
FOURTH QUARTER AND FULL YEAR * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/5638F1F6F81DEB9948257B1F00349986?opendocument
FOURTH QUARTER AND FULL YEAR 2012 RESULTS PRESENTATION * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/76DCBE2D141A811F48257B1F0036751C?opendocument
CHANGE IN CAPITAL :: BONUS ISSUE :: BONUS SHARE ISSUE
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/B78C36B9D684DB7148257B1F00380A2D?opendocument
NOTICE OF BOOK CLOSURE DATE FOR DIVIDEND
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/DA41BE323803A0AE48257B1E003B8AD3?opendocument
katak88 ( Date: 25-Aug-2012 11:26) Posted:
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PUBLISHED NOVEMBER 05, 2012
Del Monte Q3 net profit up 7.2%
Food-and-beverage products group Del Monte Pacific on Monday posted a net profit of US$8.35 million (S$10.22 million) for the third quarter ended Sept 30, 2012, up 7.2 per cent from US$7.79 million a year earlier.
Turnover rose 11 per cent to US$116.6 million from US$105.3 million a year ago, bolstered by strong performances from its branded business in the Philippines and Asia Pacific, the company said on Monday.
The group's unbranded business was down for the quarter, however. Export sales dropped 15 per cent and export operating income fell 60 per cent.
" Weak demand, primarily in Europe, coupled with higher supply of pineapple, significantly reduced pineapple concentrate prices which led to lower sales and profitability in the export markets," it said.
THIRD QUARTER AND NINE MONTHS 2012 RESULTS PRESENTATION * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/9AAACD7E8018604448257AAD002DE285?opendocument
DEL MONTE PACIFIC LIMITED
05-Nov-2012 17:20:41
THIRD QUARTER RESULTS * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/C5C39C38EE86862148257AAD002D81AD?opendocument
5 November 2012
SGX-ST/MEDIA RELEASE: (unaudited results ended 30 September 2012)
Contact: Jennifer Luy
Tel: (65) 6324 6822
[email protected]
DEL MONTE PACIFIC THIRD QUARTER GROWTH DRIVEN BY BRANDED BUSINESS
• Third quarter sales grew 11% to US$117m, while net profit rose 7% to US$8m
• Del Monte branded business in the Philippines and S& W in Asia Pacific were growth drivers
Singapore, 5 November 2012 – Singapore Exchange Mainboard-listed Del Monte Pacific Limited
(Bloomberg: DELM SP, Reuters: DMPL.SI) announced today higher third quarter results with sales of
US$116.6 million and net profit of US$8.3 million, up 11% and 7%, respectively from prior year quarter.
“Our branded business in the Philippines through Del Monte and Asia Pacific through S& W delivered
another quarter of strong performance,” said Mr. Joselito D. Campos, Jr., Managing Director and CEO
of DMPL. “These lifted overall Group results despite the weak demand in the global export markets,
especially Europe, and lower pineapple concentrate prices.”
The branded business of DMPL in Asia Pacific generated over two thirds of the Group’s consolidated
sales. Less than a third of the Group’s turnover was from unbranded industrial and private label sales,
including those covered by long-term supply agreements with other Del Monte companies.
Sales in the Philippines were higher due to strong growth across all product categories, in particular
the beverage segment. Beverages grew on the back of continued momentum of juices. The culinary
segment’s recovery was driven by new advertising campaigns. The growth of the processed fruit
segment was sustained by the sale of fruits in more affordable smaller packs. Also contributing to
overall growth was the acceleration of trade coverage expansion, particularly outside of Modern Trade.
The S& W branded business, both processed and fresh, expanded by 26% to US$7.8 million mainly in
Asia and the Middle East. The Group entered new markets while deepening penetration in core markets.
The Group’s unbranded business was down. Export sales dropped 15% in the third quarter. Export
operating income was much lower, down by 60%. Weak demand, primarily in Europe, coupled with
higher supply of pineapple, significantly reduced pineapple concentrate prices which led to lower sales
and profitability in the export markets.
Group gross profit rose 16% in the third quarter to US$29.5 million from US$25.5 million on higher
volume and better sales mix, mainly in the Philippines and S& W markets, with gross margin improving
to 25.3% from 24.2%.
For the quarter, the Group’s Indian joint venture posted higher sales in the processed foods business
under the Del Monte brand. As a result, the Group recognised a lower equity loss of US$1.4 million
versus prior year quarter’s US$2.7 million, on better sales mix, reduced overhead and tighter
management of expenses. The equity loss was in line with expectation.
For the nine months of 2012, the Group generated sales of US$300.2 million, 11% higher than prior
year’s US$271.1 million, on better Philippines and S& W branded sales. Gross profit improved by 17%
to US$74.1 million on increased volume and better sales mix. This led to net income expansion of 30%
to US$18.7 million from US$14.4million.
Barring unforeseen circumstances, the Group expects to improve earnings in full year 2012 although
the export markets will remain a challenge in the fourth quarter. The expected earnings growth for the
full year will be driven by revenue enhancements from better volume and sales mix in the Philippines
and S& W markets. The Group is actively addressing the weak export markets by cutting back on
tonnage, shifting volume to stronger markets and growing sales of more value-added products. To
manage the risk of weak export prices, the Group continues to implement operational efficiencies,
procurement savings and active cost management.
Strategically, the Group is expanding its branded business by penetrating more markets, improving
trade coverage and shifting to higher value-added products. This should minimise the unfavourable
impact of the industrial product segment and unbranded exports volatility in the long term.
| PRESS RELEASE - DEL MONTE PACIFIC THIRD QUARTER GROWTH DRIVEN BY BRANDED BUSINESS * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT |
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/BDD12A210BB2E04B48257AAD002C85AC?opendocument
DEL MONTE PACIFIC LIMITED
(Incorporated in the British Virgin Islands)
PROPOSED BONUS SHARE ISSUE
The Board of Directors (“Directors”) of Del Monte Pacific Limited (the “Company”) refers to the following announcements made on 8 August 2012:
(i) the Company’s Unaudited Financial Statements and Related Announcement for the period ended 30 June 2012 (announcement no. 00118)
(ii) Proposed Bonus Share Issue Announcement of up to 216,044,498 new ordinary shares in the capital of the Company on the basis of two (2) bonus shares for every ten (10) existing ordinary shares in the capital of the Company held by shareholders (announcement no. 00136) (“Proposed Bonus Share Issue”) and
(iii) Notice of Book Closure Announcement (announcement no. 00141).
On 8 August 2012, the Company announced the Proposed Bonus Share Issue which was subject to the in-principle approval of the Singapore Exchange Securities Trading Limited (the “SGX-ST”).
On 10 August 2012, an amendment to Rule 838 of the SGX-ST Listing Manual became effective requiring listed companies to ensure that the daily weighted average share price, adjusted for a bonus share issue is not less than S$0.50.
Prior to 10 August 2012, daily weighted average share price, adjusted for a bonus share issue was to be not less than S$0.20 with which the Company was able to comply.
As at 8 August 2012, the Company’s daily weighted average share price was S$0.4525 (before adjusting for the Proposed Bonus Share Issue).
Under the new amendment of Rule 838, the Company is unable to meet the requirement and will therefore not be able to proceed with the Proposed Bonus Share Issue announced on 8 August 2012.
The Directors wish to assure shareholders that the Board will continue to evaluate other options to increase the liquidity of the Company’s shares in the market and to reward shareholders for their continuing support. These options would include a bonus share issue when the Company is able to comply with the requirements of Rule 838.
By Order of the Board
Yvonne Choo
Company Secretary
21 August 2012
PROPOSED BONUS SHARE ISSUE http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/756F08D6A9F2A2E448257A60003D8B0C?opendocument
Chapter 8 Changes in Capital
http://rulebook.sgx.com/en/display/display_viewall.html?rbid=3271& element_id=5136& print=1
PUBLISHED AUGUST 08, 2012
Del Monte Pacific Limited on Wednesday posted a 17.4 per cent increase in net profit to US$5.96 million from a year ago, for the fiscal second quarter ended June 30, 2012.
Turnover rose 12.9 per cent year on year to US$108.9 million, due to higher performance in the Philippine market, and the S& W brand, both processed and fresh.
Philippine sales increased by 17 per cent on volume and mix improvements. Higher sales in the Philippines were driven by the strong performance of fruit juices. Del Monte 100 per cent Pineapple Juice's positioning as a daily health maintenance drink was further underlined by the successful advertising campaign behind its Heart Smart juice variant for cholesterol reduction.
The S& W branded business, both processed and fresh, turned in another strong quarter with sales expanding by 66 per cent to US$8.9 million. The group penetrated new markets in the first quarter of 2012 - the Middle East for its processed products, and Japan for its fresh fruit under the S& W brand. These new markets generated higher sales in the second quarter versus the first quarter.
However, export sales declined by 6 per cent on lower industrial pineapple product sales. Export operating income was much lower, down by 55 per cent. With high pineapple supply in Thailand and weak demand in Europe, market pricing had softened significantly.
Earnings per share for the quarter was 0.55 US cents, up from 0.47 US cents a year ago.
Cumulative six months earnings was US$10.37 million, up 57.4 per cent from a year ago, while turnover rose 10.8 per cent to US$183.61 million.
Earnings per share for the period was 0.96 US cents, up from 0.61 US cents a year ago.
An interim dividend of 0.72 US cents per share has been declared. A year ago, the group paid out 0.46 US cents per share in interim dividends.
DEL MONTE PACIFIC LIMITED - Second Quarter and First Half Financial Results Ended 30 June 2012
Quite good results.
EPS Q2 FY2012 = US$0.55cts (+17.4% from US0.47cts for Q2 FY2011)
EPS H1 FY2012 = US$0.96cts (+57.4% from US0.61cts for H1 FY2011)
Interim Dividend = US$0.0072/shs (FY2011: US$0.0046/shs)
Book closure date: 21 August 2012, Payable date: 5 September 2012
Proposed Bonus Issue 2 for 10.
The Company will make a further announcement on the Books Closure Date, subject to the abovementioned approval by the SGX-ST.
1. MEDIA RELEASE – DEL MONTE PACIFIC DELIVERS SOLID SECOND QUARTER GROWTH * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/518F05FFC63D9ABD48257A540025F15B?opendocument
2. SECOND QUARTER AND FIRST HALF * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/3DEC8329C29AF6AC48257A540025A59C?opendocument
3. SECOND QUARTER AND FIRST HALF 2012 RESULTS PRESENTATION * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/B31A03E8FA1ED7A848257A5400267E98?opendocument
4. CHANGE IN CAPITAL :: BONUS ISSUE :: PROPOSED BONUS SHARE ISSUE
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/FC2AFD09D6E6352A48257A540031EFC2?opendocument
Business Times - 24 Feb 2012 Del Monte FY2011 profit soars on improved EU sales By CARINE LEE Del Monte Pacific Limited on Friday reported a 10.8 per cent decrease in year on year net earnings for the fiscal fourth quarter ended Dec 31, 2011 to US$13.06 million. Turnover had risen 10.7 per cent from a year ago to US$154.14 million, on the back of higher sales across all major markets. In the fiscal year ended Dec 31, 2011, Del Monte's earnings increased 73.6 per cent year on year to US$27.44 million, due to better pricing, sales mix, and volume improvements. Its full year turnover grew by 12.3 per cent year on year to record high of US$425.24 million, driven by improved sales across all major markets, especially Europe. Earnings per share for the year was 2.54 cents, up from 1.46 cents a year ago. A final cash dividend of 1.45 US cents per share payable on March 28, has been proposed. In FY2010, Del Monte declared a final dividend of 1.1 US cents per share. |