Manufacturer of Sarsi, Cosmos Walks Out of Stock Market

Manufacturer of Sarsi, Cosmos Walks Out of Stock Market -- Cosmos Bottling Corp revealed to the Philippine Stock Exchange on Thursday that its board has just given an approval and authorization to delist its shares from the bourse's official registry.
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One of the reasons is the fact that the company can no longer increase the number of shares being held by the public; It failed to satisfy bourse's rule to have at least 10 percent of shares in the hands of the public shareholders.

Cosmos was established in 1945 under the name Manila Aerated Water Factory. It has manufactured and distributed soft drinks such as Pop Cola, Sarsi, Cheers Lemon and Orange, Jaz Cola and Sparkle.

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