Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Del Monte Foods, owned by S'pore-listed parent, files for bankruptcy in US
The Straits Times
|July 04, 2025
Canned fruit company Del Monte Foods is pursuing a sale as it filed for bankruptcy in the US, less than a year after executing a controversial debt restructuring.
-
NEW YORK -
The firm - which is owned by Singapore-listed Del Monte Pacific - entered a restructuring support agreement with lenders and started voluntary Chapter 11 proceedings to implement its terms, it said on July 1.
The Singapore shares of Del Monte Pacific fell as much as 9.4 per cent to 5.8 cents, after a trading halt was lifted on July 2, before closing down 4.7 per cent at 6.1 cents.
They ended the day 8.2 per cent lower at 5.6 cents on July 3.
The company is dual listed on the Philippine stock exchange.
Cette histoire est tirée de l'édition July 04, 2025 de The Straits Times.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Straits Times
The Straits Times
At 80, the jeepney is still King of the Road, but for how long?
The colourful vehicle is a symbol of Filipino creativity and the country's traffic challenges. The age of EVs will be a test of its days on the road.
5 mins
October 27, 2025
The Straits Times
GROUP 3 SAUDI DERBY A NEW GATEWAY TO KENTUCKY DERBY
Points will be up for grabs to qualify for Run For The Roses
3 mins
October 27, 2025
The Straits Times
Time to relook 'many helping hands' approach and have a unified aid response
The tragic death of little Megan Khung has left an ineffable ache in the nation's heart.
1 mins
October 27, 2025
The Straits Times
Slot didn't expect 4 losses; needs to find answers fast
Their title defence had begun well but losses at Brentford, Chelsea and Crystal Palace, plus the previous weekend’s 2-1 home defeat by Manchester United, have knocked Liverpool off the rails.
2 mins
October 27, 2025
The Straits Times
After Megan Khung: Family, abuse and the reckoning around child safety
The case should prompt a deeper reflection on what we could have done better and the challenges in dealing with family abuse.
6 mins
October 27, 2025
The Straits Times
Singaporean, Canadian pen pals finally meet after 43 years
The letters between Michelle Anne Ng and Sonya Clarke Casey forged a friendship that saw them share about their life experiences and secrets
5 mins
October 27, 2025
The Straits Times
Thai-Cambodian 'peace accord' is Trump-centric but may prove to be more than just optics
If there ever was any doubt over the intended audience for the signing of the “Kuala Lumpur Peace Accord”, the answer came shortly after Thailand’s royal palace announced the death of the Queen Mother Sirikit on the night of Oct 24.
4 mins
October 27, 2025
The Straits Times
Tan crosses $lm mark in less than two years on tour
Even as heavy rain and fog brought uncertainty to the Wistron Ladies Open in Taiwan, it did not stop Singaporean golfer Shannon Tan from reaching her latest milestone as she surpassed the $1 million mark in career earnings with a joint-44th finish on Oct 26.
4 mins
October 27, 2025
The Straits Times
Lifelong learning Effective training is a shared responsibility
We thank Mr Ives Tay for his letter “Let's see real results from lifelong learning” (Oct 7).
1 mins
October 27, 2025
The Straits Times
Trump turns on the charm - and so does Asean
US President's visit has left an indelible mark on his hosts, Malaysia and Asean
4 mins
October 27, 2025
Listen
Translate
Change font size