BARBATOS VENTURES CORPORATION
Barbatos Ventures Corporation (“BVC”) was incorporated and registered with the Philippine SEC on June 23, 2017. Its registered principal place of business is at Vitarich Corporation Compound, Marilao-San Jose Road, Brgy. Sta. Rosa I, Marilao, Bulacan. It is engaged in, among other activities, poultry production as well as in the processing, raising, and breeding of chickens and similar stocks..
On December 16, 2021 and after conducting due diligence, Vitarich’s Board of Directors approved the acquisition of 100% of the outstanding capital stock of BVC then held by Luzon Agriventure Inc. On January 1, 2022, BVC operated as a wholly owned subsidiary of VITA, following the completion of the issuance and transfer of BVC shares of stock in Vitarich’s name in January 2022.
*ACQUISITION OF BROILERS CLUB INC.
Broilers Club Inc. (“BCI”) is a private domestic corporation engaged, among others, in poultry and egg production. The registered principal place of business of the BCI is located at Purok Mandawe, Brgy. Sibulan, Sta. Cruz, Davao del Sur.
On September 1, 2025, Vitarich finalized the execution of the MOA with BCI and its shareholders. The MOA pertains to the purchase of any or all of the following: breeder farm facilities in Davao del Sur, including land, improvements, equipment, 125,000 common shares of stock and advances of BCI shareholders in BCI up to a total transaction value of P280 million.
On February 18, 2026, and after the conduct of due diligence, Vitarich’s Boad of Directors approved the purchase of (1) breeder farm facilities in Davao del Sur, including land, improvements and equipment, (2) 125,000 common shares of stocks and (3) advances from shareholders of BCI for a total consideration of P280 million.
Vitarich’s purchase of 125,000 common shares of stock of BCI represents an acquisition of 100% of the outstanding capital stock of BCI from its previous shareholders. Such acquisition is a strategic step to Vitarich’s existing breeder farm operations. BCI’s farms will be used by the Company as a breeder facility. The additional capacity is expected to increase the Group’s total breeder output.
To date, the Company is awaiting the completion of the transfer and registration of BCI’s shares of stock in Vitarich’s name. After completion of said transfer and registration of BCI’s shares of stock in Vitarich’s name, BCI will become and be operated as a wholly owned subsidiary of Vitarich.
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