Bogo-Medellin Milling Co., Inc. Elects Members to the Committees and Elects Gary B. Olivar as Independent Director
August 04, 2020 at 12:25 am
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Bogo-Medellin Milling Co., Inc. announced at the AGM held on July 31, 2020, the shareholders appointed Gary B. Olivar as independent director. At the organizational meeting of the board of directors held on July 31, 2020, elected Melbert D. Mepieza as General Manager. Elected Alfred Y. Acopan, Pedro G. Jr. Francisco, Elisa R. Ramos and Gary B. Olivar to executive committee. Gary B. Olivar elected as audit committee chairman and Pedro G. Jr. Francisco elected to member of audit committee. Gary B. Olivar elected as nomination committee chairman. Gary B. Olivar elected to as member of compensation committee.
Bogo-Medellin Milling Co., Inc. is a Philippines-based sugar mill, a manufacturing company. The Company is focused on producing, buying, manufacturing, refining, milling, importing, exporting, selling, exchanging, hypothecating, pledging, and general dealing in, store, ship, transport and carry sugar, sugar cane, sugar beets, molasses, syrups and related products. It operates through a single segment, which is sugar milling. The Company operates in two seasons: the milling and the off-season. Its mill site is located at Luy-a, Medellin, Cebu. The Company, through its subsidiary, BOMEDCO Agricultural Corporation (BAC), is engaged primarily in leasing agricultural land to be cultivated for sugar cane farming. BAC is engaged in the developing and cultivating private agricultural lands and harvesting, preserving, packing and selling the products of said lands. BAC produces sugar cane from its plantation for milling.