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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 171489 [Title] => WG&A seeks P1-B loan to buy two ships [Summary] => Listed shipping firm WG&A will borrow P1 billion from a consortium of banks to finance the acquisition of two new vessels to further improve its services to the commuting public.
In a disclosure to the Securities and Exchange Commission, WG&A chief financial officer Susan Valdez said the board authorized the corporation to secure a P1-billion loan from a syndicate of banks, headed by Citibank N.A.with the two new vessels to be acquired as collateral.
The board approved the purchase from Meimon Taiyo Co. Ltd. of Japan of two vessels for $16 million.
[DatePublished] => 2002-08-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CHIONGBIAN AND GOTHONG GROUP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 171489 [Title] => WG&A seeks P1-B loan to buy two ships [Summary] => Listed shipping firm WG&A will borrow P1 billion from a consortium of banks to finance the acquisition of two new vessels to further improve its services to the commuting public.
In a disclosure to the Securities and Exchange Commission, WG&A chief financial officer Susan Valdez said the board authorized the corporation to secure a P1-billion loan from a syndicate of banks, headed by Citibank N.A.with the two new vessels to be acquired as collateral.
The board approved the purchase from Meimon Taiyo Co. Ltd. of Japan of two vessels for $16 million.
[DatePublished] => 2002-08-10 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 | August 10, 2002 - 12:00am
Recommended
The Insurance Commission has placed health maintenance organization Stotsenberg Healthcare Systems Inc.under conservatorship amid its inability to address requirements from the government.
1 day ago
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