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                    [ArticleID] => 205640
                    [Title] => Benpres cuts loss in 2002 to P1.06-B
                    [Summary] => Lopez flagship Benpres Holdings Inc. posted a net loss of P1.06 billion last year, an improvement from the loss of P9.99 billion incurred in 2001.


Although Benpres did not post any gain on sale of investments in 2002, this was offset by stronger net earnings of investee companies, particularly First Philippine Holdings Corp. (FPHC) and ABS-CBN Broadcasting Corp.


Consolidated revenues reached P2.02 billion in 2002, up by 14 percent from the previous year’s P1.78 billion.


                    [DatePublished] => 2003-05-11 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
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                    [ArticleID] => 194574
                    [Title] => Benpres calls special meet on debt restructuring program
                    [Summary] => Benpres Holdings  Corp., the debt-saddled holding  company of the Lopez Group of Companies, has called for a special stockholders meeting on March 13, to seek stockholders’ consent for its debt restructuring program.


The company informed the Philippine  Stock Exchange (PSE) yesterday that management would recommend to the stockholders "the delegation to the Board of directors the authority to take all actions and matters necessary and desirable for the restructuring of the corporation’s obligations  under its Balance Sheet Management Plan."


                    [DatePublished] => 2003-02-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 186523
                    [Title] => Benpres proposes interim payments for obligations
                    [Summary] => Benpres Holdings Corp. intends to make semi-annual payments of about $6.9 million for its various peso and dollar-denominated obligations even as it remains in discussions with its creditors for the approval of its balance sheet management  plan (BSMP).


"Although Benpres has not reached an agreement with its creditors on the BSMP, it is commencing interim payments as earlier announced. These interim payments are being made as a good faith gesture by Benpres," corporate secretary Enrique Quiason told the Philippine Stock Exchange.


                    [DatePublished] => 2002-12-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 93406
                    [Title] => Benpres taps Credit Suisse as adviser for debt restructuring
                    [Summary] => Benpres Holdings Corp. has tapped Credit Suisse First Boston (CSFB) as financial adviser to assist the company in the debt restructuring program of its troubled subsidiaries.


"As part of the engagement, CSFB will provide a coordinating role in the company’s ongoing initiatives to review its indebtedness and to address means to strengthen the capital structure of Benpres and its subsidiaries," Benpres chief finance officer Angel Ong said.


                    [DatePublished] => 2001-06-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 95638
                    [Title] => Benpres taps Credit Suisse as adviser for debt restructuring
                    [Summary] => Benpres Holdings Corp. has tapped Credit Suisse First Boston (CSFB) as financial adviser to assist the company in the debt restructuring program of its troubled subsidiaries.


"As part of the engagement, CSFB will provide a coordinating role in the company’s ongoing initiatives to review its indebtedness and to address means to strengthen the capital structure of Benpres and its subsidiaries," Benpres chief finance officer Angel Ong said.


                    [DatePublished] => 2001-06-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

ALTHOUGH BENPRES

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    [results] => Array
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                    [ArticleID] => 205640
                    [Title] => Benpres cuts loss in 2002 to P1.06-B
                    [Summary] => Lopez flagship Benpres Holdings Inc. posted a net loss of P1.06 billion last year, an improvement from the loss of P9.99 billion incurred in 2001.


Although Benpres did not post any gain on sale of investments in 2002, this was offset by stronger net earnings of investee companies, particularly First Philippine Holdings Corp. (FPHC) and ABS-CBN Broadcasting Corp.


Consolidated revenues reached P2.02 billion in 2002, up by 14 percent from the previous year’s P1.78 billion.


                    [DatePublished] => 2003-05-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 194574
                    [Title] => Benpres calls special meet on debt restructuring program
                    [Summary] => Benpres Holdings  Corp., the debt-saddled holding  company of the Lopez Group of Companies, has called for a special stockholders meeting on March 13, to seek stockholders’ consent for its debt restructuring program.


The company informed the Philippine  Stock Exchange (PSE) yesterday that management would recommend to the stockholders "the delegation to the Board of directors the authority to take all actions and matters necessary and desirable for the restructuring of the corporation’s obligations  under its Balance Sheet Management Plan."


                    [DatePublished] => 2003-02-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 186523
                    [Title] => Benpres proposes interim payments for obligations
                    [Summary] => Benpres Holdings Corp. intends to make semi-annual payments of about $6.9 million for its various peso and dollar-denominated obligations even as it remains in discussions with its creditors for the approval of its balance sheet management  plan (BSMP).


"Although Benpres has not reached an agreement with its creditors on the BSMP, it is commencing interim payments as earlier announced. These interim payments are being made as a good faith gesture by Benpres," corporate secretary Enrique Quiason told the Philippine Stock Exchange.


                    [DatePublished] => 2002-12-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 93406
                    [Title] => Benpres taps Credit Suisse as adviser for debt restructuring
                    [Summary] => Benpres Holdings Corp. has tapped Credit Suisse First Boston (CSFB) as financial adviser to assist the company in the debt restructuring program of its troubled subsidiaries.


"As part of the engagement, CSFB will provide a coordinating role in the company’s ongoing initiatives to review its indebtedness and to address means to strengthen the capital structure of Benpres and its subsidiaries," Benpres chief finance officer Angel Ong said.


                    [DatePublished] => 2001-06-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 95638
                    [Title] => Benpres taps Credit Suisse as adviser for debt restructuring
                    [Summary] => Benpres Holdings Corp. has tapped Credit Suisse First Boston (CSFB) as financial adviser to assist the company in the debt restructuring program of its troubled subsidiaries.


"As part of the engagement, CSFB will provide a coordinating role in the company’s ongoing initiatives to review its indebtedness and to address means to strengthen the capital structure of Benpres and its subsidiaries," Benpres chief finance officer Angel Ong said.


                    [DatePublished] => 2001-06-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Benpres cuts loss in 2002 to P1.06-B

By Zinnia B. Dela Peña | May 11, 2003 - 12:00am

Lopez flagship Benpres Holdings Inc. posted a net loss of P1.06 billion last year, an improvement from the loss of P9.99 billion incurred in 2001. Although Benpres did not post any gain on sale of investments in...

Business

Benpres calls special meet on debt restructuring program

By Christina Mendez | February 8, 2003 - 12:00am

Benpres Holdings Corp., the debt-saddled holding company of the Lopez Group of Companies, has called for a special stockholders meeting on March 13, to seek stockholders’ consent for its debt restructuring...

Business

Benpres proposes interim payments for obligations

By Christina Mendez | December 4, 2002 - 12:00am

Benpres Holdings Corp. intends to make semi-annual payments of about $6.9 million for its various peso and dollar-denominated obligations even as it remains in discussions with its creditors for the approval of its...

Business

Benpres taps Credit Suisse as adviser for debt restructuring

By Christina Mendez | June 30, 2001 - 12:00am

Benpres Holdings Corp. has tapped Credit Suisse First Boston (CSFB) as financial adviser to assist the company in the debt restructuring program of its troubled subsidiaries. "As part of the engagement, CSFB will...

Business

Benpres taps Credit Suisse as adviser for debt restructuring

By Christina Mendez | June 30, 2001 - 12:00am

Benpres Holdings Corp. has tapped Credit Suisse First Boston (CSFB) as financial adviser to assist the company in the debt restructuring program of its troubled subsidiaries. "As part of the engagement, CSFB...

Business