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Del Monte Pacific submits financial restructuring plan

DEL Monte Pacific Ltd. (DMPL) on Tuesday said its Philippine operations remained profitable despite ongoing financial recovery efforts following the collapse of a former United States subsidiary. The Singapore- and Philippine-listed food and beverage firm submitted a capital and financial recovery plan to the Philippine Stock Exchange (PSE), where it emphasized that its principal operating unit, Del Monte Philippines Inc. (DMPI), continued to generate profit and cash flow even as the parent comp

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Source: manilatimes.net

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