Cebu Pacific Catering Services Declares Dividends

Cebu Pacific Catering Services Inc. (CPCS), a joint venture of MacroAsia Corp. (PSE: MAC) with Cathay Pacific Catering Services of Hong Kong, and MGO Pacific Resources Corp., in its regular board meeting on 14 December 2017, has declared PhP85 million cash dividend payable on 29 December 2017 to MacroAsia (40%) and Cathay Pacific Catering Services of Hong Kong (40%) and MGO Pacific Resources (20%). MacroAsia’s share in this dividend declaration is PhP34 million.

CPCS, formerly MATS Catering, is the first in-flight catering venture of MacroAsia. CPCS is the only full-service airline catering company that operates at the Mactan-Cebu International Airport (MCIA).