News Archive - Corporate

North Star Meat Merchants aims to be country’s “cold chain backbone”

As promised, here’s a closer look at North Star Meat Merchants' [NSTAR 10.00 pre-SEC] preliminary prospectus that it submitted to the SEC as part of its application for a July IPO. NSTAR is owned by Anthony Ng, who created the company as part of his “Entrepreneurial Management” thesis at UAAP in 1999.

Meat trader files P4.5 billion share sale

MANILA, Philippines — North Star Meat Merchants Inc., one of the largest pork and beef vendors in the country, has filed with the Securities and Exchange Commission (SEC) a registration statement for an initial public offering of up to P4.5 billion.

Quick updates from around the market

North Star Meat Merchants [NSTAR 10.00 pre-SEC] [link] filed for a P4.5 billion IPO. Tentative offer period in June, with listing in July.

North Star files P4.5-B IPO

MEAT retailer North Star Meat Merchants, Inc. announced on Tuesday that it had filed a registration application with the Securities and Exchange Commission (SEC) for an initial public offering (IPO).

North Star files for public offering

LOCAL pork and beef vendor North Star Meat Merchants Inc. has filed for an initial public offering (IPO) to accelerate its expansion plans. The company in a statement on Tuesday said it has filed its registration statement with the Securities and Exchange Commission last March 21.

North Star to raise P4.5B

Meat distributor North Star Meat Merchants Inc. said it looks to raise as much as P4.5 billion in the stock market. The company which sells its meat products in SM Supermarkets said it looks to sell to the public 392 million common shares...

Leading meat supplier to SM Markets seeks P4.5-b IPO

North Star Meat said in a statement Tuesday it filed with the Securities and Exchange Commission an application to sell up to 392 million common shares, with an over-allotment option for another 58 million secondary common shares at P10 each.

Meat vendor North Star plans P4.5-B IPO

North Star Meat Merchants Inc., one of the largest pork and beef vendors in the country, is planning to raise up to P4.5 billion from an initial public offering of both new and secondary shares.

North Star plans P4.5-B IPO to fund cold chain expansion

North Star said it has filed with the Securities and Exchange Commission (SEC) its registration statement for the offer and sale of up to 392 million common shares with an over-allotment of up to 58 million secondary common shares at a price of up to P10 each.

Meat vendor North Star files for P4.5-billion IPO

North Star on Tuesday, March 22, filed with the Securities and Exchange Commission its registration statement for the offer and sale of 360 million primary shares and 32 million secondary shares...

North Star Meat files application for P4.48-b IPO

North Star said in a statement Tuesday it filed an application with the Securities and Exchange Commission to sell up to 392 million common shares, with an over-allotment option for another 58 million secondary common shares at an offer price of P10 each.

BIZ BUZZ: Earth versus water

From a college thesis to a protein powerhouse. This, in a nutshell, is the story of North Star Meat Merchants Inc., the largest pork and beef vendor in the country’s modern trade channel.

Meat company tapped to help hog industry recover from ASF

THE Department of Agriculture (DA) said it signed a memorandum of understanding with North Star Meat Merchants, Inc., which will help hog growers refresh their depleted herds after the African Swine Fever (ASF) outbreak. The DA said North Star, with the department’s assistance, will monitor small hog growers, link them to feed companies, and facilitate […]

Importance of retailing in agribusiness

As a long-time advocate of agricultural development, I am glad to see in all the platforms of the candidates for President in the May 2022 elections a high priority given to improving agricultural productivity. I must remind them, however, that agriculture is more than farming.

SM Bonus meat supplier to hike capacity, eyes IPO

North Star Meat Merchants, the company behind SM Bonus meats and the fried chicken in 7-Eleven, is eyeing to expand its capacity to 6 million kilograms per month by next year to address growing demand for its products.

Northstar Meat Merchants: Meat supply more than enough this holiday season | ANC 24/7

Market Edge: Northstar Meat Merchants CEO Anthony Ng says demand for meat is steadily rising through the years.