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                    [Title] => ASB Group gets 60-day extension of debt relief
                    [Summary] => The Securities and Exchange Commission (SEC) has granted another 60-day extension for the suspension of payments of the debt-saddled ASB Group of Companies to enable them to work out a new rehabilitation plan.


SEC Chairman Lilia Bautista said ASB will be given until April 29 to submit a new rehabilitation program which will take into consideration the entry of its reported "white knight" – the Hong Kong-based Chevalier International Holdings Ltd.


                    [DatePublished] => 2001-03-01 00:00:00
                    [ColumnID] => 133272
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BANK AND RIZAL COMMERIAL BANKING CORP

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                    [ArticleID] => 96272
                    [Title] => ASB Group gets 60-day extension of debt relief
                    [Summary] => The Securities and Exchange Commission (SEC) has granted another 60-day extension for the suspension of payments of the debt-saddled ASB Group of Companies to enable them to work out a new rehabilitation plan.


SEC Chairman Lilia Bautista said ASB will be given until April 29 to submit a new rehabilitation program which will take into consideration the entry of its reported "white knight" – the Hong Kong-based Chevalier International Holdings Ltd.


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abtest

ASB Group gets 60-day extension of debt relief

March 1, 2001 - 12:00am

The Securities and Exchange Commission (SEC) has granted another 60-day extension for the suspension of payments of the debt-saddled ASB Group of Companies to enable them to work out a new rehabilitation plan. SEC...

Business