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Lester Yu remains hungry for acquisitions, takes over Chinese casual dining restaurant

July 4, 2022 No Comments

Chinese businessman Lester Yu’s Fruitas Holdings Inc.(FRUIT) has enhanced its brand portfolio with the acquisition of the 72-year old Ling Nam, which has three branches in Metro Manila.

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Hari ng sablay! Lester Yu’s Balai ni Fruitas stinks on IPO listing

June 30, 2022 No Comments

Fruitas Holdings (FRUIT) of businessman Lester Yu has come up with another initial public offering (IPO) bust.

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Nearly three years after FRUITAS IPO flop: Lester Yu to pocket up to P58M windfall from BALAI IPO

June 16, 2022 No Comments

Fruitas Holdings (FRUIT) owned by businessman Lester Yu is expected to get as much as P58.3 million bonanza from the sale of its secondary shares

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Fruitas ayaw umatras! Lester Yu going ahead with Balai IPO despite choppy market

June 14, 2022 No Comments

Businessman Lester Yu’s Balai ni Fruitas is pushing through with its initial public offering plans despite the market turmoil but not after snipping off its

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Having your cake and eating it too: Lester Yu to wipe out P64M Fruitas’ pandemic loss from Balai IPO

January 4, 2022 No Comments

You got to hand it to the entrepreneurial mind of Lester Yu to cook up creative ways on how to prop up his loss-making Fruitas

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Lester Yu joins IPO bandwagon with Fruitas subsidiary’s P309M maiden share sale

December 27, 2021 No Comments

A wholly-owned unit of businessman Lester Yu’s Fruitas Holdings Inc. is seeking to raise as much as P309 million from an initial public offering to

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From ‘extreme excitement’ to ‘distraction’: Red-faced Lester Yu scraps Fruitas’ purchase of obscure clinic owned by CFO’s mom

November 19, 2021 No Comments

Businessman Lester Yu’s latest gimmick to spark interest in his Fruitas Holdings (FRUIT) stock has exploded in his face. In a facepalm moment, Yu admitted

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Defensive! Lester Yu justifies Fruitas’ purchase of obscure health clinic owned by CFO’s mom

November 10, 2021 No Comments

Entrepreneur Lester Yu has doubled down on his plan to use part of Fruitas’ remaining P106 million from its initial public offerig (IPO) to buy

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Lester Yu’s Fruitas turns ice-cold, bleeds red ink in Q1

June 1, 2021 No Comments

Fruitas Holdings Inc. swung to a P16 million net loss in the first quarter from a net income of P15 million in the same period a year ago.

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P48M loss: Lester Yu’s Fruitas tanked 140% in 2020

May 18, 2021 No Comments

Fruitas Holdings of businessman Lester Yu got walloped by the pandemic in 2020.

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