Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 172335
                    [Title] => PDIC stopped from selling Unitrust assets
                    [Summary] => The Makati Regional Trial Court has issued an order stopping the Philippine Deposit Insurance Corp. (PDIC) from selling the assets of Unitrust Development Bank. 


The temporary restraining order (TRO) will be in effect for 20 days starting on Aug. 14. 


The court also ordered the PDIC to refrain from awarding or accepting "the rehabilitation program of Philippine Bank of Communications (PBCom) without the requisite stockholders’ approval." 


                    [DatePublished] => 2002-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 171030
                    [Title] => Further delays in Unitrust rehabilitation seen
                    [Summary] => Once more, the ugly head of the notorious temporary restraining order (TRO) and the court injunction is slowly emerging as the shareholders of controversial Unitrust Development Bank (Unitrust) has gone to court.


At the same time, the Philippine Deposit Insurance Corp. (PDIC) will open bidding for the rehabilitation of the bank which was placed under receivership after Genta Ogami, its majority stakeholder, disappeared in the concrete jungle of Tokyo.


                    [DatePublished] => 2002-08-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 146315
                    [Title] => SEC cracks down on G Cosmos
                    [Summary] => The Securities and Exchange Commission (SEC) ordered  G. Cosmos Phils. Inc. yesterday to permanently terminate its advertising contract solicitations and return the investments made by its members within 15 days.


In an order served yesterday, the Commission en banc also rejected the company’s settlement offer of P200,000 and instead slapped it an administrative fine totaling P57.18 million.


                    [DatePublished] => 2002-01-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 136169
                    [Title] => Japanese trader aquires Unitrust
                    [Summary] => Japanese businessman Genta Ogami has acquired Unitrust Development Bank in a bid to expand his presence in the country.


Banking sources said Ogami’s company, G. Universal Co. Ltd., led the acquisition of Unitrust, a thrift bank owned by former housing czar Jose Yulo Jr. and other businessmen associated with deposed President Joseph Estrada.


                    [DatePublished] => 2001-10-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

COSMOS PHILS

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 172335
                    [Title] => PDIC stopped from selling Unitrust assets
                    [Summary] => The Makati Regional Trial Court has issued an order stopping the Philippine Deposit Insurance Corp. (PDIC) from selling the assets of Unitrust Development Bank. 


The temporary restraining order (TRO) will be in effect for 20 days starting on Aug. 14. 


The court also ordered the PDIC to refrain from awarding or accepting "the rehabilitation program of Philippine Bank of Communications (PBCom) without the requisite stockholders’ approval." 


                    [DatePublished] => 2002-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 171030
                    [Title] => Further delays in Unitrust rehabilitation seen
                    [Summary] => Once more, the ugly head of the notorious temporary restraining order (TRO) and the court injunction is slowly emerging as the shareholders of controversial Unitrust Development Bank (Unitrust) has gone to court.


At the same time, the Philippine Deposit Insurance Corp. (PDIC) will open bidding for the rehabilitation of the bank which was placed under receivership after Genta Ogami, its majority stakeholder, disappeared in the concrete jungle of Tokyo.


                    [DatePublished] => 2002-08-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 146315
                    [Title] => SEC cracks down on G Cosmos
                    [Summary] => The Securities and Exchange Commission (SEC) ordered  G. Cosmos Phils. Inc. yesterday to permanently terminate its advertising contract solicitations and return the investments made by its members within 15 days.


In an order served yesterday, the Commission en banc also rejected the company’s settlement offer of P200,000 and instead slapped it an administrative fine totaling P57.18 million.


                    [DatePublished] => 2002-01-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 136169
                    [Title] => Japanese trader aquires Unitrust
                    [Summary] => Japanese businessman Genta Ogami has acquired Unitrust Development Bank in a bid to expand his presence in the country.


Banking sources said Ogami’s company, G. Universal Co. Ltd., led the acquisition of Unitrust, a thrift bank owned by former housing czar Jose Yulo Jr. and other businessmen associated with deposed President Joseph Estrada.


                    [DatePublished] => 2001-10-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

PDIC stopped from selling Unitrust assets

By Ted P. Torres | August 17, 2002 - 12:00am

The Makati Regional Trial Court has issued an order stopping the Philippine Deposit Insurance Corp. (PDIC) from selling the assets of Unitrust Development Bank. The temporary restraining order (TRO) will be in...

Business

Further delays in Unitrust rehabilitation seen

August 6, 2002 - 12:00am

Once more, the ugly head of the notorious temporary restraining order (TRO) and the court injunction is slowly emerging as the shareholders of controversial Unitrust Development Bank (Unitrust) has gone to court. At...

Banking

SEC cracks down on G Cosmos

By Christina Mendez | January 8, 2002 - 12:00am

The Securities and Exchange Commission (SEC) ordered G. Cosmos Phils. Inc. yesterday to permanently terminate its advertising contract solicitations and return the investments made by its members within 15 days. In...

Business

Japanese trader aquires Unitrust

By Des Ferriols | October 10, 2001 - 12:00am

Japanese businessman Genta Ogami has acquired Unitrust Development Bank in a bid to expand his presence in the country. Banking sources said Ogami’s company, G. Universal Co. Ltd., led the acquisition of Unitrust,...

Business