Roxas Holdings, Inc. (RHI), a publicly listed holding and investment company (trading symbol: ROX), owns one of the largest sugar businesses in the country under its nearly 90 percent owned subsidiary, CADP Group Corp. (CADPGC). CADPGC (trading symbol: CAC) is the top producer of raw sugar and the second largest refiner in the country. In 2006 to 2007, CADPGC contributed 19% and 20% to national production of raw and refined sugar, respectively.

CADP Group Corporation has two (2) wholly-owned sugar manufacturing subsidiaries. Central Azucarera Don Pedro, Inc. (CADPI) in Nasugbu, Batangas and Central Azucarera de la Carlota, Inc. (CACI) in La Carlota City, Negros Occidental. The company also acquired 45% equity investment in Hawaiian Philippine Company (HPCo.), a sugar company based in Silay City, Negros Occidental. Strategically situated in Luzon and Visayas, the Group is the biggest raw sugar producer, taking up 19% of the country’s production, and the second biggest in refined sugar production.

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Roxas Holdings declares cash dividend

On June 25, 2008, the board of Roxas Holdings, Inc. declared a cash dividend of P0.06 per share payable to all shareholders of the company as of 15 July 2008. The cash dividend will be paid on 31 July 2008.