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Tag: Alfredo Yao

Zesto Corp. founder Alfredo Yao: From college dropout to ‘juice king’

Alfredo Yao values education deeply, especially because he didn’t complete college. The “juice king of the Philippines” enrolled at Mapua Institute of Technology but...

PBB booked 40.1% growth in first-half income to P869m

Philippine Business Bank, a subsidiary of the AMY Group owned by businessman Alfredo Yao, said Wednesday net income in the first half surged 40.1...

PBB plans to raise P500 million from stock rights offering

Philippine Business Bank, the financial arm of Zest-O Corp. owner Alfredo Yao, said Friday it plans to raise P500 million from a stock rights...

Macay Holdings buying RC Cola brand for $46m

Macay Holdings Inc., the listed investment holding company of businessman Alfredo Yao, is acquiring RC Global Beverages Inc., which owns the global rights to...

Yao’s Macay acquires Kitchen City for P2B

Macay Holdings Inc., the investment company of businessman Alfredo Yao, completed the acquisition of Artemisplus Express, the operator of canteen concessionaire Kitchen City, for...

Macay acquires food concessionaire Kitchen City for P2 billion

Macay Holdings Inc., a holding company led by businessman Alfredo Yao, is taking control of Kitchen City, the country’s leading food concessionaire, for P2 billion. Macay...

Yao: Zest-O set to acquire major US beverage brand

Local ready-to-drink juice manufacturer Zest-O Corp. is set to acquire a US beverage brand, according to company founder and former Ambassador Alfredo Yao. Yao, who...

Yao’s PBB seeks P20-b capital base to fund expansion

Philippine Business Bank of Zest-O Corp. owner Alfredo Yao is increasing its capital base to P20 billion from P10 billion in a bid to...

Zest-O protests higher tax on beverage sector

Businessman Alfredo Yao, who owns Zest-O and RC Cola beverage brands in the Philippines, described as unfair and unjust the government’s plan to impose...

Biz back Manila drug drive

The city of Manila’s business community has expressed their support to Mayor Joseph “Erap” Estrada’s anti-drug education program for children, Filipino-Chinese tycoon Alfredo Yao...
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