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Array ( [results] => Array ( [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 ASBs 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 ASBs 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] => ) ) )
CHEVALIER HOLDINGS
Array ( [results] => Array ( [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 ASBs 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 ASBs 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] => ) ) )
abtest
By Christina Mendez | April 30, 2001 - 12:00am
April 23, 2001 - 12:00am
April 23, 2001 - 12:00am
Recommended
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
21 hours ago
The luxury vehicle bearing the Senate protocol plate “7” that was flagged down along the EDSA bus lane is a vehicle registered with the Gatchalians, according to the Land Transportation Office.
1 day ago
The Land Transportation Office has resorted to issuing certificates of registration printed on plain bond paper as the National Printing Office missed its security paper delivery.
1 day ago
The driver of a luxury sports utility vehicle (SUV) with a protocol plate for senators, who illegally used the EDSA busway on Sunday, November 3, has surrendered to the Land Transportation Office (LTO).
2 days ago
Two days after a Cadillac Escalade entered the EDSA busway and nearly hit a traffic enforcer, with the passenger giving the enforcers the dirty finger as the sport utility vehicle sped away, the Land Transportation Office has yet to trace the owner of the SUV.
2 days ago
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February 12, 2018
- 12:00 am
- 12:00 am
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