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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 243080 [Title] => Govt allows Benpres to bail out of debt-ridden Maynilad [Summary] => The government allowed Benpres Holdings Corp. to bail out of its debt-ridden Maynilad Water Services Inc. as part of a reorganization plan that the Department of Justice (DOJ) said would ensure continuous water supply to Metro Manilas west zone.
Under the deal, the government would take over Maynilad in lieu of unpaid concession fees of more than P6 billion. It will receive a 61 percent stake worth almost the same amount.
[DatePublished] => 2004-03-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804901 [AuthorName] => Aurea Calica [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
EMPLOYEE SHARE OWNERSHIP PLAN
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 243080 [Title] => Govt allows Benpres to bail out of debt-ridden Maynilad [Summary] => The government allowed Benpres Holdings Corp. to bail out of its debt-ridden Maynilad Water Services Inc. as part of a reorganization plan that the Department of Justice (DOJ) said would ensure continuous water supply to Metro Manilas west zone.
Under the deal, the government would take over Maynilad in lieu of unpaid concession fees of more than P6 billion. It will receive a 61 percent stake worth almost the same amount.
[DatePublished] => 2004-03-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804901 [AuthorName] => Aurea Calica [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
abtest
By Aurea Calica | March 19, 2004 - 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.
4 days ago
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