Fruitas : Disbursement of Proceeds and Progress Report
August 07, 2022 at 11:34 pm EDT
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Fruitas Holdings, Inc.FRUIT
PSE Disclosure Form 4-29 - Disbursement of Proceeds and Progress Report References: Memorandum No. 626 - 2007 dated December 20, 2007
Section 4.4 of the Revised Disclosure Rules
Annual Report
Quarterly Report
Others-
Subject of the Disclosure
Disbursement of Proceeds and Progress Report for the quarter ended June 30, 2022
Background/Description of the Disclosure
Fruitas Holdings Inc. ("Company") submits this report on the use of proceeds realized from the Initial Public Offering ("Offer") of 533,660,000 common shares at an offer price of Php1.68 per share conducted on 29 November 2019.
The company has a total disbursement of Php 22,967,552 for the quarter ended June 30, 2022 used for store network expansion and introduction of new concepts. While the proceeds has a remaining balance of Php 76,473,487 as of report date.
Other Relevant Information
Attached here is the Disbursement of proceeds and Progress Report as of June 30, 2022 with the external auditor's certification.
Filed on behalf by:
Name
Lerma Fajardo
Designation
Deputy CFO & Comptroller
Attachments
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Disclaimer
Fruitas Holdings Inc. published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2022 03:33:09 UTC.
Fruitas Holdings, Inc. is a Philippines-based holding company of food and beverage community store and kiosk operators with over 25 active brands across its portfolio. The Company has more than 780 stores across the Philippines. The Company serves Philippine consumers daily with fruit shakes and juices, lemonade, coolers, milk tea, desserts, meat-filled pastries, soya-based products, baked goods, and lechon (roasted pig), among other products. Its brands include Buko Loco, Buko ni Fruitas, Juice Avenue, Johnn Lemon, Black Pearl, Tea Rex, De Original Jamaican Pattie Shop and Juice Bar, The Mango Farm, Babot's Farm, Soy & Bean, Balai Pandesal, and Sabroso Lechon, among others. The Company's subsidiaries include Negril Trading, Inc. (NTI), Balai Ni Fruitas, Inc., Fruitasgroup Incorporated, SoyKingdom, Inc., CocoDelivery, Inc. and Fly Kitchen, Inc. (FKI). NTI is engaged in the production, processing and distribution of goods. FKI is engaged in the kitchen operations.
FRUITAS HOLDINGS, INC. 
