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                    [ArticleID] => 270574
                    [Title] => CA restrains SEC in tender offer rule dispute
                    [Summary] => The Court of Appeals has  ordered the Securities and Exchange Commission (SEC) to stop implementing a directive requiring the holding company that bought into Union Cement Corp. to buy the remaining shares held by minority investors.


The temporary restraining order (TRO), effective for a period of 60 days from notice, is in response to the petition of Cemco Holdings Inc. to nullify the SEC order requiring the latter to make a tender offer to the remaining minority shareholders of Union Cement.


                    [DatePublished] => 2005-03-16 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] => 176825
                    [Title] => Alsons okays sale of stake to Union Cement
                    [Summary] => Alsons Cement Corp. said yesterday its board of directors has approved the sale of a controlling stake in the firm to Union Cement Corp., the country’s largest cement firm. 


The sale would allow Swiss firm Holcim, the world’s number two cement group, to consolidate its Philippine interests. Holcim has stakes in Union Cement and holds indirect and direct stakes in Alsons. 


Alsons’ board also agreed to the plan to delist the firm’s shares from the Philippine Stock Exchange after the acquisition, the company said in a statement to the exchange. 


                    [DatePublished] => 2002-09-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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                (
                    [ArticleID] => 176711
                    [Title] => Alsons Cement to delist shares at stock market
                    [Summary] => Alsons Cement Corp. (ACC) will delist its shares at the Philippine Stock Exchange upon the closing of its acquisition by Union Cement Corp. (UCC) expected within the next couple of weeks.


In a report to the PSE, UCC corporate secretary Juan Diaz said the company’s board of directors ratified during their meeting yesterday to delist the shares of ACC immediately after the closing of their acquisition of 88 percent of the issued and outstanding capital stock of ACC.


                    [DatePublished] => 2002-09-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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CEMCO

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                    [ArticleID] => 270574
                    [Title] => CA restrains SEC in tender offer rule dispute
                    [Summary] => The Court of Appeals has  ordered the Securities and Exchange Commission (SEC) to stop implementing a directive requiring the holding company that bought into Union Cement Corp. to buy the remaining shares held by minority investors.


The temporary restraining order (TRO), effective for a period of 60 days from notice, is in response to the petition of Cemco Holdings Inc. to nullify the SEC order requiring the latter to make a tender offer to the remaining minority shareholders of Union Cement.


                    [DatePublished] => 2005-03-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 176825
                    [Title] => Alsons okays sale of stake to Union Cement
                    [Summary] => Alsons Cement Corp. said yesterday its board of directors has approved the sale of a controlling stake in the firm to Union Cement Corp., the country’s largest cement firm. 


The sale would allow Swiss firm Holcim, the world’s number two cement group, to consolidate its Philippine interests. Holcim has stakes in Union Cement and holds indirect and direct stakes in Alsons. 


Alsons’ board also agreed to the plan to delist the firm’s shares from the Philippine Stock Exchange after the acquisition, the company said in a statement to the exchange. 


                    [DatePublished] => 2002-09-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 176711
                    [Title] => Alsons Cement to delist shares at stock market
                    [Summary] => Alsons Cement Corp. (ACC) will delist its shares at the Philippine Stock Exchange upon the closing of its acquisition by Union Cement Corp. (UCC) expected within the next couple of weeks.


In a report to the PSE, UCC corporate secretary Juan Diaz said the company’s board of directors ratified during their meeting yesterday to delist the shares of ACC immediately after the closing of their acquisition of 88 percent of the issued and outstanding capital stock of ACC.


                    [DatePublished] => 2002-09-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

CA restrains SEC in tender offer rule dispute

By Zinnia B. Dela Peña | March 16, 2005 - 12:00am

The Court of Appeals has ordered the Securities and Exchange Commission (SEC) to stop implementing a directive requiring the holding company that bought into Union Cement Corp. to buy the remaining shares held by...

Business

Alsons okays sale of stake to Union Cement

September 21, 2002 - 12:00am

Alsons Cement Corp. said yesterday its board of directors has approved the sale of a controlling stake in the firm to Union Cement Corp., the country’s largest cement firm. The sale would allow Swiss firm...

Business

Alsons Cement to delist shares at stock market

By Christina Mendez | September 20, 2002 - 12:00am

Alsons Cement Corp. (ACC) will delist its shares at the Philippine Stock Exchange upon the closing of its acquisition by Union Cement Corp. (UCC) expected within the next couple of weeks. In a report to the PSE,...

Business