News Archive - Finance
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, DA partner to support local pig farming communities
North Star Meat Merchants Inc., one of the biggest fresh frozen food retailers found in modern trade, signed an agreement with the Department of Agriculture (DA) to support small sized pig farmers in the hopes to bolster the local pig farming economy and help them recover from the onslaught of the African Swine Fever (ASF).
DA, North Star partner for contract growing arrangement of INSPIRE beneficiaries
The Department of Agriculture (DA) signed a Memorandum of Understanding (MOU) with the North Star Meat Merchants, Inc. (NSMMI) to intensify DA’s initiative in restoring vibrant situation of local hog industry through its Integrated National Swine Production Initiatives for Recovery and Expansion (INSPIRE) and Bantay African Swine Fever sa Barangay” (BABay ASF) program. On January […]
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 […]
At least 10 firms to make PSE debut this year
MANILA, Philippines — At least 10 companies are looking to debut on the Philippine Stock Exchange (PSE) this year to raise funds for expansion, hopeful of the economy’s prospects for recovery.
NorthStar Meat eyes P4-b IPO to expand capacity
North Star Meat Merchants Inc., a leading end-to-end frozen and fresh meat supplier in the Philippines, plans to raise up to P4 billion from an initial public offering early next year, a top executive said Wednesday.