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Victorias Milling Company
Victorias Milling Company () is a publicly-listed company in the Philippines that was established in 1919. It is largest producer of sugar in the country and one of the largest sugar millers and refineries in Asia. Its core business is the production of integrated raw and refined sugar and engaging in engineering services. Trading on the Philippine Stock Exchange (PSE), the company is in Victorias City, Negros Occidental, Philippines where its plant facilities are also located. History Early years Victorias Milling Company (VMC), considered the Philippines' leading sugar firm and the largest sugar producer, was founded by Don Miguel Ossorio together with wife Maria Paz Yangco, Claudio Ruiz de Luzuriaga, his brother Francisco Ossorio, and Shiras Jones. Its mill and refinery facilities for sugar and allied products are in Victorias City, Negros Occidental. Established on May 7, 1919, it is one of the earliest sugar mills established in the Philippines. Two years earlier, Os ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Sugar Companies Of The Philippines
Sugar is the generic name for sweet-tasting, soluble carbohydrates, many of which are used in food. Simple sugars, also called monosaccharides, include glucose, fructose, and galactose. Compound sugars, also called disaccharides or double sugars, are molecules made of two bonded monosaccharides; common examples are sucrose (glucose + fructose), lactose (glucose + galactose), and maltose (two molecules of glucose). White sugar is a refined form of sucrose. In the body, compound sugars are hydrolysed into simple sugars. Longer chains of monosaccharides (>2) are not regarded as sugars, and are called oligosaccharides or polysaccharides. Starch is a glucose polymer found in plants, the most abundant source of energy in human food. Some other chemical substances, such as glycerol and sugar alcohols, may have a sweet taste, but are not classified as sugar. Sugars are found in the tissues of most plants. Honey and fruits are abundant natural sources of simple sugars. Suc ...
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Companies Based In Negros Occidental
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pers ...
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Companies Listed On The Philippine Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Important Cultural Property (Philippines)
Important Cultural Property of the Philippines is a cultural property which has been singled out from among the innumerable cultural properties as possessing "exceptional cultural, artistic, and /or historical significance" to the Philippines. It is the second level of protection after the classification of National Cultural Treasures. The lists of cultural properties are declared by the National Commission for Culture and the Arts, National Historical Commission of the Philippines, and the National Museum of the Philippines. Last list of important cultural properties was published on December 15, 2015. See also * List of Cultural Properties of the Philippines These lists contain an overview of the government recognized cultural properties in the Philippines. The lists are based on the official lists provided by the National Commission for Culture and the Arts, National Historical Commission of the ... * Suyat References {{reflist Landmarks in the Philippines De ...
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Philippine Postal Corporation
The Philippine Postal Corporation ( fil, Korporasyong Pangkoreo ng Pilipinas), abbreviated as PHLPost and also known as the Philippine Post Office, is a government-owned and controlled corporation responsible for providing postal services in the Philippines. The Philippine Postal Corporation has in excess of 8,000 employees and runs more than 1,355 post offices nationwide. The Philippine Post Office is based in the Philippines' primary post office, and is currently headed by Postmaster General and CEO Mr. Norman "Postman" N. Fulgencio. The historic Manila Central Post Office is situated at the Plaza Liwasang Bonifacio and overlooks the Pasig River. Its policy-making body is the board of directors, headed by its chairman, Mr. Raul R. Bendigo. The board of directors is composed of seven members, including the postmaster general, who serves simultaneously as the chief executive officer. Previously an attached agency of the Department of Transportation and Communications (DOTC) a ...
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Food Processing
Food processing is the transformation of agricultural products into food, or of one form of food into other forms. Food processing includes many forms of processing foods, from grinding grain to make raw flour to home cooking to complex industrial methods used to make convenience foods. Some food processing methods play important roles in reducing food waste and improving food preservation, thus reducing the total environmental impact of agriculture and improving food security. Primary food processing is necessary to make most foods edible, and secondary food processing turns the ingredients into familiar foods, such as bread. Tertiary food processing has been criticized for promoting overnutrition and obesity, containing too much sugar and salt, too little fiber, and otherwise being unhealthful in respect to dietary needs of humans and farm animals. Process Primary food processing Primary food processing turns agricultural products, such as raw wheat kernels or livest ...
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Agribusiness
Agribusiness is the industry, enterprises, and the field of study of value chains in agriculture and in the bio-economy, in which case it is also called bio-business or bio-enterprise. The primary goal of agribusiness is to maximize profit while sustainably satisfying the needs of consumers for products related to natural resources such as biotechnology, farms, food, forestry, fisheries, fuel, and fiber — usually with the exclusion of non-renewable resources such as mining. Studies of business growth and performance in farming have found successful agricultural businesses are cost-efficient internally and operate in favorable economic, political, and physical-organic environments. They are able to expand and make profits, improve the productivity of land, labor, and capital, and keep their costs down to ensure market price competitiveness. Agribusiness is not limited to farming. It encompasses a broader spectrum through the agribusiness system which includes input supplie ...
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Lucio Tan
Lucio Chua Tan Sr. (; born July 17, 1934) is a Filipino business magnate, investor, and philanthropist. He presides over the Filipino conglomerate company LT Group, Inc., a company with extensive business interests in sports, banking, airline, liquor, tobacco, real estate, beverages, and education. As of September 2021, his net worth is estimated at US$1.9 billion. Early years Tan was born in Amoy (now Xiamen), Fujian, China. His parents moved to Cebu in the Philippines when he was a child. He was said to have gone to school on barefoot and first worked as a stevedore who tied cargo with ropes made from abaca He earned a bachelor's degree in Chemical Engineering from the Far Eastern University in Manila. ''Forbes'' states that while in college, Tan "worked as a janitor at a tobacco factory" where he "mopped floors to pay for school." Philanthropy Though the companies of Lucio Tan Group has been involved in various social responsible programs, Tan has benevolent personal ph ...
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Lawsuit
- A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil action brought by a plaintiff (a party who claims to have incurred loss as a result of a defendant's actions) requests a legal remedy or equitable remedy from a court. The defendant is required to respond to the plaintiff's complaint. If the plaintiff is successful, judgment is in the plaintiff's favor, and a variety of court orders may be issued to enforce a right, award damages, or impose a temporary or permanent injunction to prevent an act or compel an act. A declaratory judgment may be issued to prevent future legal disputes. A lawsuit may involve dispute resolution of private law issues between individuals, business entities or non-profit organizations. A lawsuit may also enable the state to be treated as if it were a private party ...
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