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+ Follow CEMENT PHILIPPINES INC Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 264586 [Title] => LaFarge Cement ups capital to P29.34B [Summary] => LaFarge Cement Philippines Inc. has obtained the approval of the Securities and Exchange Commission (SEC) to raise its capital to P29.34 billion from P16.05 to offset its liabilities from its parent company.
Based on documents filed with the SEC, Lafarge Cement will issue 54.24 billion shares out of the increase in its capital stock, to Lafarge S.A. of France in exchange for the settlement of long-term debt of P13.56 billion.
Lafarge S.A. recently agreed to sell its local cement unit, Continental Operating Corp. to Republic Cement Corp.
[DatePublished] => 2004-09-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CEMENT PHILIPPINES INC
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 264586 [Title] => LaFarge Cement ups capital to P29.34B [Summary] => LaFarge Cement Philippines Inc. has obtained the approval of the Securities and Exchange Commission (SEC) to raise its capital to P29.34 billion from P16.05 to offset its liabilities from its parent company.
Based on documents filed with the SEC, Lafarge Cement will issue 54.24 billion shares out of the increase in its capital stock, to Lafarge S.A. of France in exchange for the settlement of long-term debt of P13.56 billion.
Lafarge S.A. recently agreed to sell its local cement unit, Continental Operating Corp. to Republic Cement Corp.
[DatePublished] => 2004-09-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | September 13, 2004 - 12:00am
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The Insurance Commission has placed health maintenance organization Stotsenberg Healthcare Systems Inc.under conservatorship amid its inability to address requirements from the government.
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