The deal was snapped up by qualified institutional investors and was arranged by RCBC Capital Corp.
The funds raised will bolster working capital and support general corporate spending.
Fruitas Holdings anticipates leveraging this fresh financing to expand its product range, strengthen market presence, and cater to a broader clientele, underscoring its commitment to strategic advancement and shareholder value.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
