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                    [ArticleID] => 322582
                    [Title] => SEC okays Abacus Consolidated’s capital increase to P2.5 billion
                    [Summary] => The Securities and Exchange Commission (SEC) has approved the increase in authorized capital stock of listed holding firm Abacus Consolidated Resources & Holdings Inc. (ACRH) to P3 billion from only P500 million.


Of the increase in capital, P1.1 billion has already been subscribed and fully paid by Blue Stock Development Farms.


ACRH earlier approved the acquisition of 97 percent of Philippine Regional Investment Development Corp. (PRIDE) which owns the properties needed by the listed company for its business.  


                    [DatePublished] => 2006-02-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 175022
                    [Title] => Belle, Abacus forge deal for 15% stake in Pacific Online
                    [Summary] => Belle Corp. and Abacus Gaming Technologies Inc. have forged an agreement with Kuok Philippine Properties Inc. for the purchase of the latter’s 15 percent interest in Pacific Online Systems Corp. for P25 million.


In a joint statement issued yesterday, Belle and Abacus said they have already paid 30 percent of the agreed purchase price and will settle the balance in equal quarterly installments over a two-year period.


                    [DatePublished] => 2002-09-07 00:00:00
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ABACUS GAMING

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                    [ArticleID] => 322582
                    [Title] => SEC okays Abacus Consolidated’s capital increase to P2.5 billion
                    [Summary] => The Securities and Exchange Commission (SEC) has approved the increase in authorized capital stock of listed holding firm Abacus Consolidated Resources & Holdings Inc. (ACRH) to P3 billion from only P500 million.


Of the increase in capital, P1.1 billion has already been subscribed and fully paid by Blue Stock Development Farms.


ACRH earlier approved the acquisition of 97 percent of Philippine Regional Investment Development Corp. (PRIDE) which owns the properties needed by the listed company for its business.  


                    [DatePublished] => 2006-02-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                )

            [1] => Array
                (
                    [ArticleID] => 175022
                    [Title] => Belle, Abacus forge deal for 15% stake in Pacific Online
                    [Summary] => Belle Corp. and Abacus Gaming Technologies Inc. have forged an agreement with Kuok Philippine Properties Inc. for the purchase of the latter’s 15 percent interest in Pacific Online Systems Corp. for P25 million.


In a joint statement issued yesterday, Belle and Abacus said they have already paid 30 percent of the agreed purchase price and will settle the balance in equal quarterly installments over a two-year period.


                    [DatePublished] => 2002-09-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

SEC okays Abacus Consolidated’s capital increase to P2.5 billion

By Zinnia B. Dela Peña | February 21, 2006 - 12:00am

The Securities and Exchange Commission (SEC) has approved the increase in authorized capital stock of listed holding firm Abacus Consolidated Resources & Holdings Inc. (ACRH) to P3 billion from only P500 million. Of...

Business

Belle, Abacus forge deal for 15% stake in Pacific Online

September 7, 2002 - 12:00am

Belle Corp. and Abacus Gaming Technologies Inc. have forged an agreement with Kuok Philippine Properties Inc. for the purchase of the latter’s 15 percent interest in Pacific Online Systems Corp. for P25 million. In...

Business