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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 95917 [Title] => SEC approves rehabilitation plan of ASB Group [Summary] => The Securities and Exchange Commission has approved the rehabilitation plan of the debt-saddled ASB Group of Companies despite objections from secured creditors and the absence of Hong Kong "white knight" Chevalier International Holdings Ltd.
In an order dated April 26, the hearing panel led by SEC general counsel Eugenio Reyes said the approval of the plan will not deprive the secured creditors of their right to the mortgaged assets and that if the rehabilitation subsequently fails, the availment of their suspended rights over the assets will be restored.
[DatePublished] => 2001-04-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BANK AND RIZAL BANKING COMMERCIAL BANKING CORP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 95917 [Title] => SEC approves rehabilitation plan of ASB Group [Summary] => The Securities and Exchange Commission has approved the rehabilitation plan of the debt-saddled ASB Group of Companies despite objections from secured creditors and the absence of Hong Kong "white knight" Chevalier International Holdings Ltd.
In an order dated April 26, the hearing panel led by SEC general counsel Eugenio Reyes said the approval of the plan will not deprive the secured creditors of their right to the mortgaged assets and that if the rehabilitation subsequently fails, the availment of their suspended rights over the assets will be restored.
[DatePublished] => 2001-04-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Christina Mendez | April 30, 2001 - 12:00am
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The Magnolia Hotshots thwarted a furious rally by the gutsy Blackwater Bossing to post a triumphant debut in the PBA Commissioner’s Cup, 118-100, Thursday at the Ninoy Aquino Stadium in Manila.
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The NorthPort Batang Pier shrugged off a slow start and ran away in the middle quarters to dominate the NLEX Road Warriors, 114-87, in their PBA Commissioner’s Cup action Thursday at the Ninoy Aquino Stadium in Manila.
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