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                (
                    [ArticleID] => 165552
                    [Title] => Danaharta wants say in major decisions involving NSC
                    [Summary] => Malaysian debt rehabilitation agency Pengurusan Danaharta National Berhad wants to have voting rights in any future "corporate life-changing" decisions that may be undertaken by the new majority owners of  debt-laden National  Steel Corp. (NSC) before it agrees to accept a debt write-down in the steel firm.


                    [DatePublished] => 2002-06-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 151826
                    [Title] => NSC liquidator asks SEC for more time
                    [Summary] => The government-appointed liquidator of National Steel Corp. (NSC) is asking the Securities and Exchange Commission (SEC) for more time to get creditors to approve a new proposal.


NSC liquidator Danilo Concepcion told reporters that he has requested the commission for another two months within which banks could study the proposal and get the approval of their respective boards of directors.


                    [DatePublished] => 2002-02-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 133605
                    [Title] => NSC, Allengoal ink lease pact
                    [Summary] => National Steel Corp. (NSC) has signed a lease agreement with Allengoal, a landmark development that might finally allow the defunct company to reopen its Iligan plant and resume operations.


With the signing of the agreement, the Malaysian-owned company, Hottick Investment Ltd. has pulled out of the evaluation committee created to study proposals for the Interim lease for NSC and said it has approved the lease agreement between NSC and Allengoal.


                    [DatePublished] => 2001-09-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 131283
                    [Title] => Malaysians agree to joint sale of NSC
                    [Summary] => The Malaysian owners of  the National Steel Corp. (NSC) have agreed to a possible joint sale of the  beleaguered steel firm, paving the way for the resolution of  the  firm’s financial woes.


Government sources  said Pengurasan Danaharta Nasional Bhd, Malaysia’s debt rehabilitation agency, has  agreed to a joint sale with Philippine creditors of NSC.


The sources said Danaharta is now willing to take a loss of its investments in the mothballed  steel firm.


Danaharta assumed the holdings of several Malaysian banks in NSC.


                    [DatePublished] => 2001-08-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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BANK BUMIPUTRA AND COMMERCE ASSETHOLDING BHD

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    [results] => Array
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                    [ArticleID] => 165552
                    [Title] => Danaharta wants say in major decisions involving NSC
                    [Summary] => Malaysian debt rehabilitation agency Pengurusan Danaharta National Berhad wants to have voting rights in any future "corporate life-changing" decisions that may be undertaken by the new majority owners of  debt-laden National  Steel Corp. (NSC) before it agrees to accept a debt write-down in the steel firm.


                    [DatePublished] => 2002-06-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
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                )

            [1] => Array
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                    [ArticleID] => 151826
                    [Title] => NSC liquidator asks SEC for more time
                    [Summary] => The government-appointed liquidator of National Steel Corp. (NSC) is asking the Securities and Exchange Commission (SEC) for more time to get creditors to approve a new proposal.


NSC liquidator Danilo Concepcion told reporters that he has requested the commission for another two months within which banks could study the proposal and get the approval of their respective boards of directors.


                    [DatePublished] => 2002-02-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 133605
                    [Title] => NSC, Allengoal ink lease pact
                    [Summary] => National Steel Corp. (NSC) has signed a lease agreement with Allengoal, a landmark development that might finally allow the defunct company to reopen its Iligan plant and resume operations.


With the signing of the agreement, the Malaysian-owned company, Hottick Investment Ltd. has pulled out of the evaluation committee created to study proposals for the Interim lease for NSC and said it has approved the lease agreement between NSC and Allengoal.


                    [DatePublished] => 2001-09-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 131283
                    [Title] => Malaysians agree to joint sale of NSC
                    [Summary] => The Malaysian owners of  the National Steel Corp. (NSC) have agreed to a possible joint sale of the  beleaguered steel firm, paving the way for the resolution of  the  firm’s financial woes.


Government sources  said Pengurasan Danaharta Nasional Bhd, Malaysia’s debt rehabilitation agency, has  agreed to a joint sale with Philippine creditors of NSC.


The sources said Danaharta is now willing to take a loss of its investments in the mothballed  steel firm.


Danaharta assumed the holdings of several Malaysian banks in NSC.


                    [DatePublished] => 2001-08-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Danaharta wants say in major decisions involving NSC

By Marianne V. Go | June 22, 2002 - 12:00am

Malaysian debt rehabilitation agency Pengurusan Danaharta National Berhad wants to have voting rights in any future "corporate life-changing" decisions that may be undertaken by the new majority owners...

Business

NSC liquidator asks SEC for more time

By Des Ferriols | February 25, 2002 - 12:00am

The government-appointed liquidator of National Steel Corp. (NSC) is asking the Securities and Exchange Commission (SEC) for more time to get creditors to approve a new proposal. NSC liquidator Danilo Concepcion...

Business

NSC, Allengoal ink lease pact

By Des Ferriols | September 14, 2001 - 12:00am

National Steel Corp. (NSC) has signed a lease agreement with Allengoal, a landmark development that might finally allow the defunct company to reopen its Iligan plant and resume operations. With the signing of the...

Business

Malaysians agree to joint sale of NSC

By Marianne V. Go | August 25, 2001 - 12:00am

The Malaysian owners of the National Steel Corp. (NSC) have agreed to a possible joint sale of the beleaguered steel firm, paving the way for the resolution of the firm’s financial woes. Government sources...

Business