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                    [ArticleID] => 141101
                    [Title] => Kuok Phils to dispose of shares in KPPI Land
                    [Summary] => Property holding and investment company Kuok Philippine Properties Inc. (KPPI) will dispose of its shareholdings and other interests in its 60-percent subsidiary KPPI Land Corp. in a move to generate funds for its debt reduction program.


In a letter to the Philippine Stock Exchange (PSE), KPPI corporate secretary Federico Noel said the board of directors has authorized the sale and/or transfer of the company’s deposits and shareholders’ advances in KPPI Land under terms and conditions reasonable and in the best interest of the corporation.


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                    [ColumnID] => 133272
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ENTERPRISE CENTER BUILDING

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                    [ArticleID] => 141101
                    [Title] => Kuok Phils to dispose of shares in KPPI Land
                    [Summary] => Property holding and investment company Kuok Philippine Properties Inc. (KPPI) will dispose of its shareholdings and other interests in its 60-percent subsidiary KPPI Land Corp. in a move to generate funds for its debt reduction program.


In a letter to the Philippine Stock Exchange (PSE), KPPI corporate secretary Federico Noel said the board of directors has authorized the sale and/or transfer of the company’s deposits and shareholders’ advances in KPPI Land under terms and conditions reasonable and in the best interest of the corporation.


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abtest

Kuok Phils to dispose of shares in KPPI Land

November 23, 2001 - 12:00am

Property holding and investment company Kuok Philippine Properties Inc. (KPPI) will dispose of its shareholdings and other interests in its 60-percent subsidiary KPPI Land Corp. in a move to generate funds for its...

Business