Alliance Select board OKs equity restructuring
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Source: The Manila Times
Published: 2026-09-04 02:07 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Tax & Budget, Family, World News, Business & Economy
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Snippet:
ALLIANCE Select Foods International Inc. is planning an equity restructuring that aims to wipe out about $21.3 million (approximately P1.33 billion) in accumulated deficit while paving the way for a P660-million capital infusion from parent company Strongoak Inc.
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