VuQo Holdings Corporation Completes Acquisition of Waste

VuQo Holdings Corporation Completes Acquisition of Waste Management
Asia Corporation 
NEW YORK, NY -- (Marketwire) -- 12/13/12 --  VuQo Holdings
Corporation (PINKSHEETS: VUQO) announced the completion of its
acquisition and terms of the transaction of Waste Management Asia
Corporation under which VuQo Holdings Corporation will own all of its
outstanding shares via an all-stock transaction. VuQo's board of
directors has also authorized to include full separation of VuQo
Beverages and El Coco Wine and Spirits Distillery through a spin-off
and will become private companies retaining Mr. Rene Esteban, who
will be the Vice President. Ms. Felicitas Garcia is stepping down as
Chief Financial Officer and will be replaced by Mr. Angel Gonzales.
Mr. Gonzales is a Certified Public Accountant, who brings over two
decades of experience in public and corporate accounting. He will be
responsible for VuQo's global finance functions including financial
analysis, tax, internal controls, and audit, treasury, and investor
The new Chief Executive Officer will now be Mr. Rolando L. Sianghio,
owner administrator of Waste Management Asia Corporation (formerly
Lacto Asia Pacific Corporation), an environmental fellow in the
United States-Asia Environmental Partnership (US-AEP Program). Mr.
Sianghio has a proven track record of execution of over 50 years'
business experience having been Chief Accountant and Division Sales
Manager for IBM Philippines as well as Methods and Audits Supervisor
for IBM World Trade Asia Pacific Corporation covering operations in
Singapore, Malaysia, Indonesia and Thailand, and his own family
businesses. Adding to his prestigious career was working for an Ayala
Corporation financial subsidiary, assigned to rehabilitate three
distressed acquired companies. Ayala Corporation is one of the
country's oldest and largest conglomerates with a very diversified
portfolio including investments in retail, real estate, banking,
telecommunications, water infrastructure, renewable energy,
electronics, information technology, and management and business
process outsourcing. 
In view of the major differences between the beverage products and
waste industries, Mr. Sianghio stated, "We believe that although the
vodka industry has been doing good, focusing on the direction of the
waste management will be beneficial to the shareholders as we see
significant growth and opportunities both financially and
Solid Waste Industry is a $55 billion dollar market generated from
volume of wastes collected and recycled commodities including paper,
plastic and steel according to Waste Business Journal's Waste Market
Overview & Outlook 2012. Environmental Research and Education
Foundation published by R.W. Beck also details the industry's
contribution of over $96 billion that created 948,000 jobs which is
over one percent of U.S. GDP to the nation's economy involving all
direct, indirect and induced effects from solid waste industry
activities. That being said, VuQo Holdings Corporation has already
lined up organizations in the hauling operations and solid waste
facilities both private and in public sectors to potentially
diversify its portfolio. 
"This acquisition shows flexibility and will give our business
greater focus on pursuing our respective growth strategies while
potentially giving longer term value to our shareholders," added Mr.
About VuQo Holdings Corporation 
VuQo Holdings Corporation is a diversified holdings company that
acquires emerging companies in key industries where rapid revenue
growth and market share penetration are poised for significant gains.
Our main focus is to acquire, invest and partner with companies that
have competent management teams with provable experience in their
industry and have developed products or services that have a unique
edge in their marketplace. Our evaluation matrix and consultant
screening process help us filter hundreds of opportunities to
effectively pick companies that can grow and evolve into high
performing growth entities. 
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