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Calata buys majority stake in large meat supplier

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Calata Corp. said it has acquired a controlling interest in the meat business of Galicia group, which supplies pork, beef and chicken to retailers SM and Puregold.

Posted: December 3rd, 2013 in Headlines | Read More »

Calata inks supply deal with Argentinian firm

Listed firm Calata Corp. said it had signed an exclusive 20-year contract with Siembra Directa Corp. for the supply of agricultural inputs for the latter’s farm operations in the Philippines.

Posted: November 29th, 2012 in Headlines | Read More »

12 charged in Calata stock case

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The Securities and Exchange Commission has charged at least 12 people with “anomalous” trading of shares of agricultural product distributor Calata Corp. and conspiring to “intentionally and unlawfully” raise share prices for their own profit.

Posted: November 29th, 2012 in Headlines | Read More »

Biz Buzz: A taxing bonus

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A controversy arose over the recent pronouncement of Internal Revenue chief Kim Henares that Christmas bonuses would be subject to withholding tax.

Posted: November 28th, 2012 in Headlines | Read More »

Calata lauds swift conduct of SEC probe

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Agricultural products distributor Calata Corp. on Monday welcomed results of a recent government probe of the alleged manipulation of the company’s stock, leading to the possible filing of criminal charges against at least 10 brokers.

Posted: November 13th, 2012 in Headlines | Read More »

SEC says Calata stock price manipulated

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The Securities and Exchange Commission has found evidence of stock price manipulation involving shares of newly listed agricultural product distributor Calata Corp.

The Securities and Exchange Commission has found evidence of stock price manipulation involving shares of newly listed agricultural product distributor Calata Corp., unmasking and preparing the criminal prosecution of an initial batch of more than 10 people.

Posted: November 10th, 2012 in Editor's Pick,Headlines | Read More »

Biz Buzz: Nagging foreign ownership problem

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The Securities and Exchange Commission has called for a public dialogue this Friday on a proposed compliance framework to address the Supreme Court’s ruling on the foreign equity in telecom giant Philippine Long Distance Telephone Co.—a ruling that also affects utilities and industries subject to the 40-percent constitutional cap on foreign ownership.

Posted: November 7th, 2012 in Headlines | Read More »

Firm backs DA growth goal

Agriculture products and technology distribution firm Calata Corp. said it was supporting the Department of Agriculture’s bid to raise the country’s food production target by 3.5 percent to 5 percent next year.

Posted: November 5th, 2012 in Headlines | Read More »

4 brokers fined for ‘suspicious’ trading of stocks

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Four stock brokers were penalized by Capital Markets Integrity Corp. (CMIC) in relation to the “suspicious” trading of shares of agricultural products distributor Calata Corp.

Posted: October 22nd, 2012 in Editor's Pick,Headlines | Read More »

Biz Buzz: ‘Ramen Nazi’ vs actor-turned-politico

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A popular Japanese ramen restaurant in the middle of the Makati central business district reopened its doors last week after being ordered closed by the city government for a month.

Posted: September 24th, 2012 in Editor's Pick,Headlines | Read More »

Calata sets capital hike, eyes new investors

Agribusiness firm Calata Corp. is more than doubling its authorized capital as it prepares for the possible entry of new investors.

Posted: September 3rd, 2012 in Headlines | Read More »

Calata vows to help SEC on stock probe

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Agriculture product distributor Calata Corp. has vowed to cooperate with the Securities and Exchange Commission in its ongoing investigation into the unusual trading of its shares after its listing on the stock exchange last May.

Posted: August 3rd, 2012 in Headlines | Read More »

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