Del Monte Pacific Submits Group Capital and Financial Rehabilitation Plan to Philippine Stock Exchange

NewTimeSpace News: On June 2, 2026, Del Monte Pacific disclosed its submission of the group capital and financial rehabilitation plan to the PSE. Impaired by the underperformance and subsequent restructuring and bankruptcy of its former US subsidiary DMFHL, the company booked approximately USD 703.5 million in impairment charges, resulting in negative shareholders’equity.

Per PSE listing rules, listed firms with shareholders’equity falling below the prescribed threshold (including negative net worth) are mandated to submit a financial and capital rehabilitation blueprint. Del Monte Pacific clarified the filing is solely to satisfy specific PSE compliance obligations, with no equivalent requirement under Singapore Exchange (SGX) Listing Manual. Its core operating subsidiary DMPI remains profitable and operationally sound. To uphold transparency, the full rehabilitation document will also be made available to SGX investors.

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