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                    [Title] => Nenaco in danger of losing license to sell securities
                    [Summary] => Debt-saddled shipping firm Negros Navigation Co. Inc. (Nenaco) stands to lose its secondary license or permit to sell securities if it fails to convince the Securities and Exchange Commission (SEC) that it has complied with the agency’s full disclosure rules.


An SEC official said the Corporation Finance Department will summon Nenaco officials to a hearing to explain the perceived flaws in the firm’s financial reports.


                    [DatePublished] => 2004-07-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 251552
                    [Title] => Nenaco creditors amenable to 10-yr payment extension
                    [Summary] => The creditors of Negros Navigation Co. Inc. (Nenaco) are amenable to a proposal that will allow the cash-strapped shipping firm to settle its debts over a 10-year period, boosting Nenaco’s chances of getting back on track and turning around its loss-making operations. 


Nenaco’s rehabilitation receiver and former C&P Homes Inc. chairman Sulficio Tagud told reporters yesterday that the shipping firm’s creditor-banks seemed open to the debt restructuring proposal.  


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                    [AuthorName] => Zinnia B. Dela Peña
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DEBIS FINANCIAL

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                    [ArticleID] => 257368
                    [Title] => Nenaco in danger of losing license to sell securities
                    [Summary] => Debt-saddled shipping firm Negros Navigation Co. Inc. (Nenaco) stands to lose its secondary license or permit to sell securities if it fails to convince the Securities and Exchange Commission (SEC) that it has complied with the agency’s full disclosure rules.


An SEC official said the Corporation Finance Department will summon Nenaco officials to a hearing to explain the perceived flaws in the firm’s financial reports.


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                    [ArticleID] => 251552
                    [Title] => Nenaco creditors amenable to 10-yr payment extension
                    [Summary] => The creditors of Negros Navigation Co. Inc. (Nenaco) are amenable to a proposal that will allow the cash-strapped shipping firm to settle its debts over a 10-year period, boosting Nenaco’s chances of getting back on track and turning around its loss-making operations. 


Nenaco’s rehabilitation receiver and former C&P Homes Inc. chairman Sulficio Tagud told reporters yesterday that the shipping firm’s creditor-banks seemed open to the debt restructuring proposal.  


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abtest

Nenaco in danger of losing license to sell securities

By Zinnia B. Dela Peña | July 13, 2004 - 12:00am

Debt-saddled shipping firm Negros Navigation Co. Inc. (Nenaco) stands to lose its secondary license or permit to sell securities if it fails to convince the Securities and Exchange Commission (SEC) that it has complied...

Business

Nenaco creditors amenable to 10-yr payment extension

By Zinnia B. Dela Peña | May 27, 2004 - 12:00am

The creditors of Negros Navigation Co. Inc. (Nenaco) are amenable to a proposal that will allow the cash-strapped shipping firm to settle its debts over a 10-year period, boosting Nenaco’s chances of getting...

Business