Tags: Stock Distribution Option

By RONALYN V. OLEA
“We never had any dialogue [with HLI management],” said Lito Bais, a leader of the Luisita union, noting that the Inquirer report on the deal came two weeks before the scheduled oral arguments before the Supreme Court on Aug. 18. Bais said the supposed agreement is meant to send a message to the members of the high court. “They want to influence the outcome of the SC decision.”

The cold blooded murder of Ricardo “Ka Ric” Ramos, president of the Central Azucarera de Tarlac Labor Union (CATLU) at the strife-ridden Hacienda Luisita and baranggay captain of Bo. Mapalacsiao, was an act of treachery and desperation. By Carol Pagaduan-Araullo Streetwise / Business World Posted by Bulatlat The cold blooded murder of Ricardo “Ka Ric”…

That the plight of farm workers at Hacienda Luisita in Tarlac has already faded from the mainstream media limelight does not mean that there is now peace in the area. Last April 22, some 1,500 farm workers agreed to withdraw their shares in Hacienda Luisita, Inc. (HLI), demand that stock distribution option (SDO) be revoked and opt for land distribution instead.

BULATLAT INVESTIGATIVE REPORT Farm workers of Hacienda Luisita dispute the claim by the Cojuangcos that SDO has been good for their thousands of farm workers. Farm workers say they have been losing their jobs, receiving pitiable pay and may lose their own homes, too. BY DABET CASTAÑDA Bulatlat.com (Second of two parts / Read the…

BULATLAT INVESTIGATIVE REPORT The Versolas continue to support the strike, visiting the picket line to watch documentaries on the massacre, help in the kitchen chores or just exchange views with anyone. Mang Pering says that their forefathers’ struggle to finally own the land that is rightfully theirs rages on. BY DABET CASTAÑEDA Bulatlat.com (First of…