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                    [ArticleID] => 153586
                    [Title] => Kuok Phils. seeks $62.5-M to refinance loans
                    [Summary] => Kuok Philippine Properties Inc. (KPPI), the Malaysian-based property and investment holding firm which owns and manages the Shangri-La Hotel chain, will secure a $62.5-million loan from Rhinestone Ltd. to "refinance its outstanding convertible bonds and bank loans," a company official told the Philippine Stock Exchange.


KPPI corporate secretary Federico Noel said the loan availment was approved by the company’s board of directors last week. Rhinestone is a major foreign investor within the Kuok Group.


                    [DatePublished] => 2002-03-12 00:00:00
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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.


                    [DatePublished] => 2001-11-23 00:00:00
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EXCHANGE PROPERTIES RESOURCES CORP

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                    [ArticleID] => 153586
                    [Title] => Kuok Phils. seeks $62.5-M to refinance loans
                    [Summary] => Kuok Philippine Properties Inc. (KPPI), the Malaysian-based property and investment holding firm which owns and manages the Shangri-La Hotel chain, will secure a $62.5-million loan from Rhinestone Ltd. to "refinance its outstanding convertible bonds and bank loans," a company official told the Philippine Stock Exchange.


KPPI corporate secretary Federico Noel said the loan availment was approved by the company’s board of directors last week. Rhinestone is a major foreign investor within the Kuok Group.


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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. seeks $62.5-M to refinance loans

March 12, 2002 - 12:00am

Kuok Philippine Properties Inc. (KPPI), the Malaysian-based property and investment holding firm which owns and manages the Shangri-La Hotel chain, will secure a $62.5-million loan from Rhinestone Ltd. to "refinance...

Business

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