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+ Follow CREDIT AGRICOLE INDOSUEZ Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 248719 [Title] => NSC lot owner asks SEC to hold okay of GIHL deal [Summary] => Land owner Teofilo Cacho has asked the Securities and Exchange Commission (SEC) to hold in abeyance its approval of the lease purchase agreement entered into by National Steel Corp. (NSC) winning bidder Global Infrastructure Holdings Ltd. (GIHL) and the steel firms creditors.
In his petition filed with the SEC, Cacho said the SEC should await the decision of the Quezon City Regional Trial Court on his pending request for the non-inclusion of his real estate properties in the assets to be disposed by NSC to the Indian conglomerate.
[DatePublished] => 2004-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 248326 [Title] => GIHL, creditors extend closing date for NSC deal by 90 days [Summary] => The creditor-banks of National Steel Corp. (NSC) and winning bidder Global Infrastructure Holdings Ltd. (GIHL) have agreed to extend for another 90 days the closing of a deal which would result in GIHL taking over the mothballed steel firm.
"They agreed to a 90-day extension on the closing date as they have yet to secure certain documents necessary for the conclusion of a deal," Securities and Exchange Commission (SEC) chairperson Lilia R. Bautista said.
[DatePublished] => 2004-05-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 247835 [Title] => SEC to scrutinize NSC lease-purchase agreement [Summary] => The lease-purchase agreement signed by creditors of National Steel Corp. (NSC) and winning bidder Global Infrastructure Holdings Ltd. (GIHL) has yet to be approved by the Securities and Exchange Commission (SEC).
SEC chairperson Lilia R. Bautista said while they are not opposed to the planned lease of the debt-strapped steel firm to GIHL, the terms of the agreement have yet to be scrutinized by the commission.
The agreement calls for the lease of the NSC plant in Iligan, with an option to purchase it in three years time.
[DatePublished] => 2004-04-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 204645 [Title] => Roxas sets meet with NSC creditors [Summary] => Trade and Industry Secretary Manuel Roxas II expects to convince creditor banks of the National Steel Corp. (NSC) to resolve pending issues which are delaying the rehabilitation and reopening of the beleaguered steel firm.
[DatePublished] => 2003-05-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 195860 [Title] => ADB-backed project to modernize North Luzon Expressway [Summary] => An official start-up ceremony was held recently in Mexico, Pampanga, for the Asian Development Bank (ADB)-backed project to rehabilitate and modernize the North Luzon Expressway.
The $378-million project will transform the expressway into a world-class toll road by its scheduled completion in 2005.
The project will renovate one 84-kilometer section and widen the road in other parts. It also includes new interchanges, flyovers and pedestrian overpasses.
[DatePublished] => 2003-02-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 145995 [Title] => IMPSA assures RP project wont be affected by Argentina crisis [Summary] => The CBK Power Co. Ltd. (CBK Power), the Philippine partnership between IMPSA (Industrias Metalurgicas Pescarmona SA) of Argentina and Edison Mission Energy of the United States, has expressed confidence that its operations in the Philippines will not be affected by the current economic and political turmoil in Argentina.
National Power Corp. (Napocor) chief operating officer Asisclo T. Gonzaga said yesterday he had met with some IMPSA officials recently and was informed that the company is willing to remain active in the domestic power industry.
[DatePublished] => 2002-01-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 96808 [Title] => NSC plans to resume operations [Summary] => National Steel Corp. plans to resume operations and lease out its steel mill to a little-known foreign group identified only as Allengoal Steel Mills, prompting the companys creditors to express alarm over the possible outcome of the ongoing liquidation.
NSCs creditors said in a letter to the Securities and Exchange Commission (SEC) that the companys Malaysian stockholders have appointed new members to the board of directors and elected new officers that plan to take over the operations of the defunct company.
[DatePublished] => 2001-01-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98286 [Title] => Creditors worried over lease-out plan for NSC [Summary] => The National Steel Corp. (NSC) may soon start humming with business activity again as the lease-out plan mapped out by its liquidator is about to be implemented.
But the creditors of the cash-strapped steel firm are not excited. They are in fact worried that company will continue to fall apart if the prospective operator is unable to maintain its resting mills.
[DatePublished] => 2000-12-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1203478 [AuthorName] => by Rommel Ynion [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 98258 [Title] => CBK Power ready to lend $70.8 M to RP [Summary] => CBK Power, the company rehabilitating and expanding the three hydroelectric power plants in Laguna, is ready to provide a $70.8-million interest-free loan to the Philippines upon the issuance by the Department of Finance of a document acknowledging governments consent to fulfill the contractual obligations of Napocor in the CBK project under a 25-year build-rehabilitate-operate-transfer (BROT) contract.
[DatePublished] => 2000-12-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 98138 [Title] => NSC creditors deplore SEC move to change liquidator [Summary] => The creditors of the National Steel Corp. (NSC) have criticized the Securities and Exchange Commission (SEC) for its move to change NSCs liquidator in "mid-stream" which, they said, only turned off investors keen on buying the cash-strapped steel firm.
The firms creditors-Philippine National Bank (PNB), Land Bank of the Philippines (LBP), Global Bank, Equitable-PCI Bank, Credit Agricole Indosuez-hinted that NSC would have been bought by any of the prospective investors had SEC prevented the entry of a newly installed liquidator.
[DatePublished] => 2000-12-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1203478 [AuthorName] => by Rommel Ynion [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CREDIT AGRICOLE INDOSUEZ
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 248719 [Title] => NSC lot owner asks SEC to hold okay of GIHL deal [Summary] => Land owner Teofilo Cacho has asked the Securities and Exchange Commission (SEC) to hold in abeyance its approval of the lease purchase agreement entered into by National Steel Corp. (NSC) winning bidder Global Infrastructure Holdings Ltd. (GIHL) and the steel firms creditors.
In his petition filed with the SEC, Cacho said the SEC should await the decision of the Quezon City Regional Trial Court on his pending request for the non-inclusion of his real estate properties in the assets to be disposed by NSC to the Indian conglomerate.
[DatePublished] => 2004-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 248326 [Title] => GIHL, creditors extend closing date for NSC deal by 90 days [Summary] => The creditor-banks of National Steel Corp. (NSC) and winning bidder Global Infrastructure Holdings Ltd. (GIHL) have agreed to extend for another 90 days the closing of a deal which would result in GIHL taking over the mothballed steel firm.
"They agreed to a 90-day extension on the closing date as they have yet to secure certain documents necessary for the conclusion of a deal," Securities and Exchange Commission (SEC) chairperson Lilia R. Bautista said.
[DatePublished] => 2004-05-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 247835 [Title] => SEC to scrutinize NSC lease-purchase agreement [Summary] => The lease-purchase agreement signed by creditors of National Steel Corp. (NSC) and winning bidder Global Infrastructure Holdings Ltd. (GIHL) has yet to be approved by the Securities and Exchange Commission (SEC).
SEC chairperson Lilia R. Bautista said while they are not opposed to the planned lease of the debt-strapped steel firm to GIHL, the terms of the agreement have yet to be scrutinized by the commission.
The agreement calls for the lease of the NSC plant in Iligan, with an option to purchase it in three years time.
[DatePublished] => 2004-04-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 204645 [Title] => Roxas sets meet with NSC creditors [Summary] => Trade and Industry Secretary Manuel Roxas II expects to convince creditor banks of the National Steel Corp. (NSC) to resolve pending issues which are delaying the rehabilitation and reopening of the beleaguered steel firm.
[DatePublished] => 2003-05-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 195860 [Title] => ADB-backed project to modernize North Luzon Expressway [Summary] => An official start-up ceremony was held recently in Mexico, Pampanga, for the Asian Development Bank (ADB)-backed project to rehabilitate and modernize the North Luzon Expressway.
The $378-million project will transform the expressway into a world-class toll road by its scheduled completion in 2005.
The project will renovate one 84-kilometer section and widen the road in other parts. It also includes new interchanges, flyovers and pedestrian overpasses.
[DatePublished] => 2003-02-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 145995 [Title] => IMPSA assures RP project wont be affected by Argentina crisis [Summary] => The CBK Power Co. Ltd. (CBK Power), the Philippine partnership between IMPSA (Industrias Metalurgicas Pescarmona SA) of Argentina and Edison Mission Energy of the United States, has expressed confidence that its operations in the Philippines will not be affected by the current economic and political turmoil in Argentina.
National Power Corp. (Napocor) chief operating officer Asisclo T. Gonzaga said yesterday he had met with some IMPSA officials recently and was informed that the company is willing to remain active in the domestic power industry.
[DatePublished] => 2002-01-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 96808 [Title] => NSC plans to resume operations [Summary] => National Steel Corp. plans to resume operations and lease out its steel mill to a little-known foreign group identified only as Allengoal Steel Mills, prompting the companys creditors to express alarm over the possible outcome of the ongoing liquidation.
NSCs creditors said in a letter to the Securities and Exchange Commission (SEC) that the companys Malaysian stockholders have appointed new members to the board of directors and elected new officers that plan to take over the operations of the defunct company.
[DatePublished] => 2001-01-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98286 [Title] => Creditors worried over lease-out plan for NSC [Summary] => The National Steel Corp. (NSC) may soon start humming with business activity again as the lease-out plan mapped out by its liquidator is about to be implemented.
But the creditors of the cash-strapped steel firm are not excited. They are in fact worried that company will continue to fall apart if the prospective operator is unable to maintain its resting mills.
[DatePublished] => 2000-12-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1203478 [AuthorName] => by Rommel Ynion [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 98258 [Title] => CBK Power ready to lend $70.8 M to RP [Summary] => CBK Power, the company rehabilitating and expanding the three hydroelectric power plants in Laguna, is ready to provide a $70.8-million interest-free loan to the Philippines upon the issuance by the Department of Finance of a document acknowledging governments consent to fulfill the contractual obligations of Napocor in the CBK project under a 25-year build-rehabilitate-operate-transfer (BROT) contract.
[DatePublished] => 2000-12-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 98138 [Title] => NSC creditors deplore SEC move to change liquidator [Summary] => The creditors of the National Steel Corp. (NSC) have criticized the Securities and Exchange Commission (SEC) for its move to change NSCs liquidator in "mid-stream" which, they said, only turned off investors keen on buying the cash-strapped steel firm.
The firms creditors-Philippine National Bank (PNB), Land Bank of the Philippines (LBP), Global Bank, Equitable-PCI Bank, Credit Agricole Indosuez-hinted that NSC would have been bought by any of the prospective investors had SEC prevented the entry of a newly installed liquidator.
[DatePublished] => 2000-12-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1203478 [AuthorName] => by Rommel Ynion [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | May 4, 2004 - 12:00am
May 1, 2004 - 12:00am
By Zinnia B. Dela Peña | April 27, 2004 - 12:00am
By Marianne V. Go | May 3, 2003 - 12:00am
February 18, 2003 - 12:00am
By Donnabelle L. Gatdula | January 5, 2002 - 12:00am
By Des Ferriols | January 23, 2001 - 12:00am
By by Rommel Ynion | December 20, 2000 - 12:00am
December 18, 2000 - 12:00am
By by Rommel Ynion | December 6, 2000 - 12:00am
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