Last June 10, 2013, Del Monte Pacific Ltd. officially became part of the Philippine stock market as they listed 1.298 billion shares in the PSE by way of introduction.
Interestingly, the company has been listed in the Singapore Stock Exchange since 1999.
This “coming home” of DMPL is indeed a good sign that the country’s economic prospects is still optimistic in the coming years, something which I also believe.
Below is a video of the ceremonial ringing of the bell which happened that day. Watch and enjoy the 30-second clip.
Anyway, I’d like to just share that I was fortunate to be among the bloggers that DMPL invited sometime last month to visit their plant in Bukidnon.
The trip was short, but very informative. I learned a lot not only about the company, but also bits of trivia about pineapples – and not to mention a taste of the famous steak in Camp Phillips!
According to a presentation that we watched, DMPL has experienced more than 100% increase in sales from 2005-2007, and it is continuously growing each year.
Supporting that claim is the fact that Del Monte produces 1.5 million pineapples a day, which is then packed and shipped to local and international markets within 24 hours. That’s a lot!
So I guess that’s it, just sharing a bit of my experience from my trip to Bukidnon and Del Monte Philippines.
I’d like to send out a big thank you to the management and officers of Del Monte Pacific Ltd. for the wonderful opportunity to get to know your company.
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