+ Follow CHEVALIER HOLDINGS Tag
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[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] =>
)
[1] => Array
(
[ArticleID] => 86195
[Title] => SEC to decide on ASB rehab plan this week
[Summary] => The Securities and Exchange Commission is set to decide within the week the fate of the proposed rehabilitation plan for the ASB Group of Companies even as the supposed "white knight" – Chevalier International Holdings Ltd. — has not made any formal manifestations yet.
SEC general counsel Eugenio Reyes said they are rushing the order to either approve or disapprove ASB’s rehabilitation plan in time for the expiration of the 60-day extension of the suspension of debt payments on Sunday, April 29.
[DatePublished] => 2001-04-23 00:00:00
[ColumnID] => 133272
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[ArticleID] => 95858
[Title] => SEC to decide on ASB rehab plan this week
[Summary] => The Securities and Exchange Commission is set to decide within the week the fate of the proposed rehabilitation plan for the ASB Group of Companies even as the supposed "white knight" – Chevalier International Holdings Ltd. — has not made any formal manifestations yet.
SEC general counsel Eugenio Reyes said they are rushing the order to either approve or disapprove ASB’s rehabilitation plan in time for the expiration of the 60-day extension of the suspension of debt payments on Sunday, April 29.
[DatePublished] => 2001-04-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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CHEVALIER HOLDINGS
Array
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[results] => Array
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[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] =>
)
[1] => Array
(
[ArticleID] => 86195
[Title] => SEC to decide on ASB rehab plan this week
[Summary] => The Securities and Exchange Commission is set to decide within the week the fate of the proposed rehabilitation plan for the ASB Group of Companies even as the supposed "white knight" – Chevalier International Holdings Ltd. — has not made any formal manifestations yet.
SEC general counsel Eugenio Reyes said they are rushing the order to either approve or disapprove ASB’s rehabilitation plan in time for the expiration of the 60-day extension of the suspension of debt payments on Sunday, April 29.
[DatePublished] => 2001-04-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 95858
[Title] => SEC to decide on ASB rehab plan this week
[Summary] => The Securities and Exchange Commission is set to decide within the week the fate of the proposed rehabilitation plan for the ASB Group of Companies even as the supposed "white knight" – Chevalier International Holdings Ltd. — has not made any formal manifestations yet.
SEC general counsel Eugenio Reyes said they are rushing the order to either approve or disapprove ASB’s rehabilitation plan in time for the expiration of the 60-day extension of the suspension of debt payments on Sunday, April 29.
[DatePublished] => 2001-04-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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