Victorias Milling Company, Inc.

(VMC or the Company) is an integrated raw and refined

sugar Company located in Barangay XVI, Victorias City, Negros Occidental, Philippines. The
Company, which was among the earliest modern sugar mills in the country, was founded on May 7,
1919 by Don Miguel J. Ossorio.

VMC has since diversified, and formed Victorias Foods Corporation, Canetown
Development Corporation, Victoria's Golf & Country Club, Inc., Victorias Agricultural Land
Corporation and Victorias Green Energy Corporation (VGEC).

The Company, through its diverse business portfolio, continues to contribute to the economy
as it ‘Nourishes, Powers, and Fuels’ the lives of the Filipino people.

We transform sugar cane -- into sugar that nourishes the body; into power that energizes
industries and homes; and into fuel that drives the engines of the country.

Our name is our guarantee of the highest quality: In our products, services, and dealings with
our customers, namely, the planters, traders and fellow industry stakeholders. We achieve this
through industry-leading efficiency, enabling infrastructure and by driving our team to be the best,
working with excellence.

We pledge to pursue profitable growth with prudence and wisdom to ensure reasonable,
sustainable returns to the stakeholders of the business. Our employees are our partners. By their
competence, motivation and sense of fulfillment, and their embrace and practice of our values, we
succeed. We are responsible stewards of the environment and of the communities in which we work
and live.

Victorias Milling Company, Inc. (VMC) is one of the biggest producers of raw and refined
sugar in the Philippines. It currently holds the biggest share of refined sugar production in the
province of Negros, and in the rest of the country as well. These amount to a 23.73% and 12.63%
market share, respectively. (Based on 2014 figures)
VMC’s sugar operations consist of two-mill tandems with a combined rated grinding
capacity of 15,000 tonnes of cane daily. One is the VMC Walkers Mill or the “A” Mill, designed by
Walkers Limited of Australia. It has a grinding capacity of 10,000 tonnes of sugarcane per day. The
other one is called the “C” Mill, designed by Farell Company of Hawaii. This one has a daily
grinding capacity 5,000 tonnes of sugarcane.
Along with all these, VMC also has a Raw House capable of processing 15,000 TCM daily
and a Refinery capable of producing 25,000 to 27,000 50-kg bags of refined sugar daily. The Core
Sampling System, a technology that reflects the true quality of each cane sample and eliminates the
inadequacies of old systems, complements the factory.
 Victorias Milling Company, Inc. (VMC) is one of the biggest producers of raw and refined
sugar in the Philippines. It currently holds the biggest share of refined sugar production in the
province of Negros, and in the rest of the country as well. These amount to a 23.73% and 12.63%
market share, respectively. (Based on 2014 figures)
VMC’s sugar operations consist of two-mill tandems with a combined rated grinding
capacity of 15,000 tonnes of cane daily. One is the VMC Walkers Mill or the “A” Mill, designed by
Walkers Limited of Australia. It has a grinding capacity of 10,000 tonnes of sugarcane per day. The
other one is called the “C” Mill, designed by Farell Company of Hawaii. This one has a daily
grinding capacity 5,000 tonnes of sugarcane.
Along with all these, VMC also has a Raw House capable of processing 15,000 TCM daily
and a Refinery capable of producing 25,000 to 27,000 50-kg bags of refined sugar daily. The Core
Sampling System, a technology that reflects the true quality of each cane sample and eliminates the
inadequacies of old systems, complements the factory.
Victorias Milling Company Inc. as of January 06, 2020 10:18 am PSEi Value: 5,150.00 Chg: up
0.00%
 Victorias Foods Corporation (VFC) is a company primarily engaged in the businesses of
canned fish and meat processing. It is a wholly owned subsidiary of Victorias Milling Company, Inc.
(VMC).
The company introduced its first commercial production of Victorias’ brand Spanish Style
Hot Sardines and Hot Bangus in the late ‘70s. As consumer tastes expanded, new variants
of Bangus and Sardines were introduced in the ‘90s as well. Soon after, the brand’s Luncheon Meat
was introduced to complement its hot-selling product line.
VFC made its breakthrough in meat processing when it launched its sweet tasting American
Cooked Ham, Smoked Bacon, Chinese ham, and Chorizo in the early 2000s. Recent additions
include classic Filipino favorites such asTocino and Beef Tapa.
To maintain freshness, VFC continues to source its meat and fish only from the province of
Negros. This makes Victorias products truly and proudly Negros-made, and a
premium pasalubong of choice for Filipinos here and abroad.
Currently, 75% of the Victorias goods are exported to the U.S. The rest is made available in
selected areas in Negros. With this foothold, the company is now focused on increasing its
production capacity, with the goal of introducing world-class Filipino food to a larger geographic
market.
 Victorias Milling Company, Inc. (VMC) is an agro-industrial complex located in Victorias
City, Negros Occidental. It was founded on May 7, 1919, on a 600-hectare ground having a sugar
mill with an original capacity of 1,500 tons. To date, it has evolved into one of the largest integrated
raw and refined sugar operations in the world. VMC is one of the biggest suppliers of refined sugar
in the Philippines and supplies about 30% of the county’s daily need for refined sugar.
At present, VMC produces its own power using four (4) biomass steam turbine power
generating units, with a total capacity of 34MW. Likewise, it has eight (8) units of boilers that supply
steam to these four turbine generators. As of September 24, 2014, VMC entered into a Biomass
Renewable Energy Operating Contract with the Department of Energy, wherein 31MW will be
utilized by VMC and 3MW will be exported to the grid.
VICTORIAS GOLF & COUNTRY CLUB
The 63-hectare Victorias Golf and Country Club is the largest golf course in Negros. Considered to
be one of the most challenging in the country, it features an 18-hole executive golf course with
irrigated greens designed to enhance the natural beauty of its slopes and fairways.
With the rustic ambiance of countryside and planned amenities, it is being developed to become a
self-contained and environment-friendly community and truly a nature’s sanctuary for the entire
family.
18-Hole Executive Golf Course
Although relatively flat, the presence of strategic water hazards coupled with gusts of wind
places a premium on accuracy and precision when playing the Front Nine. The greens are vast with
the fairways majestically lined with decades old acacia, narra and camachile trees.
The Back Nine is a perfect mix of man-made and natural hazards. Deep gullies, wide bunkers
and water hazards await players, requiring precision golf from the first drive to the last putt. The
famous “Floating Island Green” of the VGCC can be found by the 15th hole, where the green is
located right in the middle of a big lake. 15 of the 18 holes are beset with water hazards, truly owning
up to its reputation as a challenging golf course.

Recent Developments at the VGCC

The Lounge area interior was recently refurbished with comfortable, country-style furniture
that offers a contemporary look, making it ideal for light drinks after work. The Club’s latest addition
to its amenities is an air-conditioned function room, its glass walls providing a breathtaking view of
the vast fairways. The function room has since been maximized as a training room by corporations.
The Club invested in additional maintenance equipment to keep the condition of the course at
its best the whole year round. The lighted driving range carries 12 spacious driving pens, and
currently accommodates training sessions for all types of golfers.
Victorias Milling Company Inc. as of January 06, 2020 10:18 am PSEi Value: 5,150.00 Chg: up
0.00%
 The Victorias Milling Company, Inc. Distillery Plant is a manufacturer of ethyl alcohol and
other related by-products. The plant was rehabilitated and put back in operation on November 11,
2011. Its rated capacity is 28,000 liters per day. The product is potable alcohol and can be used in the
manufacture of rum and other alcohol spirits.
The plant has a 15 tons per hour coal-fired boiler, 5 MVA sub-station and a 1,200 kva
standby genset for the supply of power. It also has anaerobic and aerobic waste water treatment
facilities.
The distillery is located at Bgy. Purisima, Manapla, Negros Occidental, bounded in the
eastern portion by Cadiz City and Victoria's City in the South. The distance is about 44.7 km from
Bacolod City and is about fifty five (55) minutes from Bacolod City by private car. Manapla is a
third class municipality with a total land area of 22,290 hectares, largely delineated for agricultural
use and mainly for sugar cane plantation.
Victorias Milling Company Inc. as of January 06, 2020 10:18 am PSEi Value: 5,150.00 Chg: up
0.00%
BOARD OF DIRECTORS
Wilson T. Young
Minnie O. Chua
William Y. Chua
Reggie Hannah Y. Lorenzo
Peter Y. Ong
Anna Rosario V. Paner
Lucio K. Tan, Jr.
Michael G. Tan
Victor T. Yu
Alvin C. Yu
Martin C. Yu

ORGANIZATIONAL CHART