Philippines’ Monde Nissin Loses Two Billionaires As Two-Day Stock Rout Erases $436 Million In Market Value - Forbes

Betty Ang, the cofounder of Monde Nissin—the Philippines’ largest instant noodle maker—and company chairman Hartono Kweefanus have lost their billionaire status after a two-day stock rout that wiped out 24.4 billion pesos ($436 million) in market value.

Betty Ang is a cofounder of Monde Nissin. Courtesy of Monde NIssin Betty Ang, the cofounder of Monde Nissinthe Philippines largest instant noodle makerand company chairman Hartono Kweefanus have lo… [+3309 chars]

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