Universal Robina Corporation http://www.alacrastore.com/company-snapshot/Universal_Robina_Corporation-1047928 Sunday, October 12, 2008 11:37:50 PM 1047928 Universal Robina Corporation en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/bir/1199672bir/1199672normUniversal Robina Corp.PhilippinesWholesale: Manufacture and distribution of foods; flour and sugar milling; pig and poultry breeding51452013202120222024205220642098209520965145514942445031133031151231151331152031161231182131182331191931192042449010HJURC9/18/2008 8:09:00 AM1199672Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/moodys/PR_158561_820599567moodys/PR_158561_820599567htmlGlobal Credit Research Announcement # JUL #### Announcement: Wesfarmers Limited Moody's has stable outlook for Asia retailers, consumer products Sydney, July ##, #### -- Moody's Investors Service has a stable rating outlook for Asia...7/4/2008 12:43:09 AMhtmlWesfarmers LimitedShinsegae Co., Ltd.Thai Beverage Public Company LimitedCentral Proteinaprima Tbk (P.T.)Parkson Retail Group LimitedChina Fishery Group LimitedMatahari Putra Prima Tbk (P.T.)Woolworths LimitedCoca-Cola Amatil (Aust) Pty Ltd.Universal Robina CorporationSan Miguel CorporationFoster's Group LimitedLion Nathan LimitedCentral Proteinaprima Tbk (P.T.); China Fishery Group Limited; ...820599567820320429809969290809649227809620979809600396809282657808835860600047618600021965600014392600014125358800150.0000NewsAnnouncementPR_158561_820599567Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/647825spcred/647825normThe latest News from S&Pglobal5/13/2008 8:19:14 AM100News647825PhilippinesPackaged Foods & MeatsAsiaEmerging MarketsGlobal IssuersCorporationsConsumer ProductsNewsSINGAPORE (Standard&Poor's) May 13, 2008--Standard&Poor's Ratings Services said today it placed its 'BB' corporate credit rating on Philippines' Universal Robina Corp. (URC) on CreditWatch with negative implications. Standard&Poor's also placed its 'BB' rating on the US$200 million senior unsecured notes issued by URC's wholly owned subsidiary, URC Philippines Ltd., on CreditWatch with negative implications. This action follows the CreditWatch placement on the 'B+' ratings of JG Summit Holdings Inc., the majority shareholder of the company. "While the ratings on URC have been based primarily on its standalone profile and have been higher than that of its parent entity, the increased leverage and capital requirements at the parent level may cause URC to provide higherPHL91380330202030 302020 3020 30Universal Robina Corp.367187ASIAEMERGINGURC@PMNEWSGLOBISSCORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/647826spcred/647826normThe latest Research Update from S&Pglobal5/13/2008 8:19:14 AM175Research Update647826PhilippinesPackaged Foods & MeatsAsiaEmerging MarketsGlobal IssuersCorporationsConsumer ProductsResearch UpdateOn May 13, 2008, Standard&Poor's Ratings Services placed its 'BB' corporate credit rating on the Philippines' Universal Robina Corp. (URC) on CreditWatch with negative implications. Standard&Poor's also placed its 'BB' rating on the US$200 million senior unsecured notes issued by URC's wholly owned subsidiary, URC Philippines Ltd., on CreditWatch with negative implications. This action follows the CreditWatch placement on the 'B+' ratings of JG Summit Holdings Inc., the majority shareholder of the company. While the ratings on URC have been based primarily on its standalone profile and have been higher than that of its parent entity, the increased leverage and capital requirements at the parent level may cause URC to provide higher dividend payouts or financialPHL91380330202030 302020 3020 30Universal Robina Corp.367187ASIAEMERGINGURC@PMRESUPDPHL46615E46615F20105010 201050 2010 20JG Summit Holdings Inc. (Unsolicited Ratings)367188ASIAEMERGINGJGS@PMGLOBISSCORPConsumerCredit & Investment ResearchS&P Credit ResearchPHILIPPINES - Universal Robina Corp planned to acquire the snack food manufacturing assets of General Milling Corp, a corn chips manufacturer.5/10/2008 11:46:54 AM91380V37034J46614Y37032ZUniversal Robina CorpGeneral Milling Corp-Snack Food Manufacturing AssetsJG Summit Holdings IncGeneral Milling Corphttp://www.alacrastore.com/storecontent/Thomson_M%26A/Universal_Robina_Corp_acquires_General_Milling_Corp_Snack_from_General_Milling_Corp-1976367040sdc/19763670401976367040Copyright © 2008, Thomson Financial, All Rights ReservedPhilippineFood and Kindred ProductsPhilippinesFood preparations, nec2099FFForeignPublicURC2024:Ice cream and frozen desserts2041:Flour and other grain mill products2048:Prepared animal feeds, except for dogs and cats2061:Cane sugar, except refining2066:Chocolate and cocoa products2096:Potato chips, corn chips, and similar snacks2099:Food preparations, nec5141:Groceries, general line2064:Candy and other confectionery products2098:Macaroni, spaghetti, vermicelli and noodles4226:Special warehousing and storage, nec4522:Air transportation, nonscheduled4812:Radiotelephone communications4813:Telephone communications, except radiotelephone4925:Gas production and/or distribution5451:Dairy products stores5812:Eating places6552:Land subdividers and developers, except cemeteries6719:Offices of holding companies, nec6799:Investors, necFood and Kindred ProductsPhilippinesPotato chips, corn chips, and similar snacks2096FFForeignSubsidiary304775001Mnfr food prodMnfr,whl corn chipsUnspecifiedAssets1009844001May 10 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000PP31 Dec 070.0000053.338000.00000950.327001420.67500Philippine Peso0.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.0000026.0000027.0000028.0000029.0000030.0000031.0000032.0000033.0000034.0000035.0000036.0000037.0000038.00000Universal Robina Corp is aconsumer food productsmanufacturer and wholesaler,headquartered in Quezon City,Philippines. The Group'sprincipal activities arecarried out through itsBranded Consumer Foods,Agro-Industrial Products andCommodity Products division.Branded Consumer Foodsdivision it manufactures anddistributes a diverse mix ofsnack, chocolate, candy,biscuit, bakery, beverage,noodles, and pasta andtomato-based products. Productbrands are Piattos, Spuds,Nova, Star Fruits, Lush,Wiggles, Jojo Gummies, Cloud9, Big Bang, Dewberry,Cream-O, Quake Bars, GreatTaste, Blend 45, C2 andNissin's Ramen. This divisionalso manufacturespolypropylene films forpackaging companies.Agro-Industrial Productsmanufactures and distributesanimal feeds, glucose and soyaproducts. This division alsoproduces and distributesanimal health products underthe Robichem brands. CommodityProducts focuses on sugar andrefining, and flour millingand pasta manufacturing. Thecompany was founded in 1954.Universal Robina Corp is a consumer food productsmanufacturer and wholesaler, headquartered in Quezon City,Philippines. The Group's principal activities are carriedout through its Branded Consumer Foods, Agro-IndustrialProducts and Commodity Products division. Branded ConsumerFoods division it manufactures and distributes a diverse mixof snack, chocolate, candy, biscuit, bakery, beverage,noodles, and pasta and tomato-based products. Product brandsare Piattos, Spuds, Nova, Star Fruits, Lush, Wiggles, JojoGummies, Cloud 9, Big Bang, Dewberry, Cream-O, Quake Bars,Great Taste, Blend 45, C2 and Nissin's Ramen. This divisionalso manufactures polypropylene films for packagingcompanies. Agro-Industrial Products manufactures anddistributes animal feeds, glucose and soya products. Thisdivision also produces and distributes animal healthproducts under the Robichem brands. Commodity Productsfocuses on sugar and refining, and flour milling and pastamanufacturing. The company was founded in 1954.Universal Robina Corp is a consumer food products manufacturer and wholesaler, headquartered in Quezon City, Philippines. The Group's principal activities are carried out through its Branded Consumer Foods, Agro-Industrial Products and Commodity Products division. Branded Consumer Foods division it manufactures and distributes a diverse mix of snack, chocolate, candy, biscuit, bakery, beverage, noodles, and pasta and tomato-based products. Product brands are Piattos, Spuds, Nova, Star Fruits, Lush, Wiggles, Jojo Gummies, Cloud 9, Big Bang, Dewberry, Cream-O, Quake Bars, Great Taste, Blend 45, C2 and Nissin's Ramen. This division also manufactures polypropylene films for packaging companies. Agro-Industrial Products manufactures and distributes animal feeds, glucose and soya products. This division also produces and distributes animal health products under the Robichem brands. Commodity Products focuses on sugar and refining, and flour milling and pasta manufacturing. The company was founded in 1954.1.000002.000003.00000Snack food manufacturingassets of General MillingCorp.Snack food manufacturing assets of General Milling Corp.Snack food manufacturing assets of General Milling Corp.0.000000.000000.000000.00000N08 May 08Thu, 08 May 2008 00:00:00 ESTDate Announced: 05/08/2008Date Effective:MergerFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.00000PHILIPPINES - Universal RobinaCorp planned to acquire thesnack food manufacturingassets of General MillingCorp, a corn chipsmanufacturer.PHILIPPINES - Universal Robina Corp planned to acquire the snack food manufacturing assets of General Milling Corp, a corn chips manufacturer.PHILIPPINES - Universal Robina Corp planned to acquire the snack food manufacturing assetsof General Milling Corp, a corn chips manufacturer.PHILIPPINES - Universal Robina Corp planned to acquire the snack food manufacturing assets of General Milling Corp, a corn chips manufacturer.PHILIPPINES - Universal Robina Corp planned to acquire the snack food manufacturing assets of General Milling Corp, a corn chipsmanufacturer.Pending34715.222002210.2770039380.3820058871.013000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000002041:Flour and other grain mill products2048:Prepared animal feeds, except for dogs and cats2096:Potato chips, corn chips, and similar snacks5145:Confectionery5149:Groceries and related products, nec261357001PhilippinePhilippines2064ForeignPublicJGS2041:Flour and other grain mill products2048:Prepared animal feeds, except for dogs and cats2096:Potato chips, corn chips, and similar snacks5145:Confectionery5149:Groceries and related products, nec1009837001Philippines2096ForeignPrivate0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/moodys/PBC_102628moodys/PBC_102628pdf...Founded in #### by Mr. John Gokongwei, Jr., URC started out as a cornstarch manufacturing plant in Pasig. In the ####s, the company began its branded consumer food operation s with the launch of its instant coffee, Blend ##, and soon began manufacturing snack foods, granulated and pre-mixed coffee, chocolate s, candies, biscuits, pasta, tomato- based products, cup noodles and ready-to-drink beverages . It listed on the Philippine Stock Exchange in ####. URC began expanding its BCF business into other Asian ma rkets in ####. Between #### and ####, it acquired the Gokongwei family's pre-existing food ope rations in Malaysia, Thailand, China, Hong Kong and Singapore. In ####, it set up operations in Indonesia and in #### in Vietnam. The Asian operations contributed ##.#% of revenue for FY####.URC is majority owned by JG Summit Holdings, Inc (JGS HI), one of the Philippines' largest business groups with considerable interests in multiple industries, in cluding property development, hotel... Company Profile3/30/2008 8:45:17 PMUniversal Robina Corporation600021965550.0000SpecialReportpdfUniversal Robina CorporationPBC_102628Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/COP_600021965moodys/COP_600021965htmlCredit Opinion1/3/2008 7:54:00 PMGlobal Credit Research Credit Opinion # FEB #### Credit Opinion: Universal Robina Corporation Universal Robina Corporation Philippines Ratings Category Moody's Rating Outlook Stable Corporate Family Rating -Dom Curr Ba# URC Philippines,...Universal Robina Corporation600021965150.0000NewshtmlUniversal Robina CorporationCOP_600021965Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/622920spcred/622920normThe latest Full Report from S&P12/27/2007 4:30:41 AMFull Report400global622920PhilippinesPackaged Foods & MeatsAsiaEmerging MarketsGlobal IssuersCorporationsConsumer ProductsFull ReportStrong domestic market position Low-cost operations Expansion and execution risks into overseas markets Linkage with parent, which has a more aggressive capital structure High capital outlay and relatively aggressive financial profile Exposure to commodity pricing cycles and adverse currency movements The corporate credit rating on Universal Robina Corp. (URC) reflects its leading market position in the Philippines and its low-cost operations. These strengths, however, are constrained by the company's significant capital expenditure, growing exposure to overseas markets, relatively aggressive financial profile, and exposure to foreign exchange fluctuations. URC is one of the largest food companies in the Philippines, with a growing presence in other Asian countries. The company derives about 75% of its revenue from sales of branded consumer foodPHL91380330202030 302020 3020 30Universal Robina Corp.367187ASIAEMERGINGURC@PMFULLPHL46615E46615F20105010 201050 2010 2030202030 302020 3020 30JG Summit Holdings Inc. (Unsolicited Ratings)URC Philippines Ltd.367188367346ASIAEMERGINGJGSGLOBISSCORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/622922spcred/622922normThe latest Summary from S&P12/27/2007 4:30:41 AMSummary175global622922PhilippinesPackaged Foods & MeatsAsiaEmerging MarketsGlobal IssuersCorporationsConsumer ProductsSummaryThe corporate credit rating on Universal Robina Corp. (URC) reflects its leading market position in the Philippines and its low-cost operations. These strengths, however, are constrained by the company's significant capital expenditure, growing exposure to overseas markets, relatively aggressive financial profile, and exposure to foreign exchange fluctuations. URC is one of the largest food companies in the Philippines, with a growing presence in other Asian countries. The company derives about 75% of its revenue from sales of branded consumer food products, with the rest from agro-industrial products (such as animal feed, hog, and poultry farming) and commodity foods (such as sugar and flour). About 80% of URC's operating income is from the branded consumer food and commodity food businesses, withPHL91380330202030 302020 3020 30Universal Robina Corp.367187ASIAEMERGINGURC@PMSUMMARYGLOBISSCORPConsumerCredit & Investment ResearchS&P Credit Research