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                    [ArticleID] => 339789
                    [Title] => Century Properties buys IS property for P1.432B
                    [Summary] => The government has sold the Makati property formerly occupied by the International School to Century Properties Inc. (CPI) for P1.432 billion, the Arroyo administration’s first major asset sale this year.


The Department of Finance (DOF) announced yesterday that the government has accepted CPI’s offer to buy the 48,832-square meter property after several failed attempts to bid it out in the last five years. 


                    [DatePublished] => 2006-06-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 324788
                    [Title] => Robinsons Land acquires Manila Gas for P573M
                    [Summary] => The government has finally sold  Paco, Manila property of Manila Gas Corp. (MG) for P573 million to Robinson’s Land Corp. (RLC), the property company owned by taipan John Gokongwei. 


Finance officials announced that the transaction was finalized yesterday even as the government began evaluations of the standing offers for another prime government property in Makati estimated to be worth at least P1.8 billion. 


Officials said the sale of the MG property should augur well with the 4.8-hectare Makati property that used to be occupied by the International School (IS). 

                    [DatePublished] => 2006-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 293625
                    [Title] => Government to auction off Mla Gas property in Paco on Sept 13
                    [Summary] => The government has set the privatization of the Manila Gas property owned by the National Development Co. (NDC) on Sept. 13, Finance Undersecretary Gabriel Singson Jr. said. 


Singson, who is handling the government’s privatization program, said the property is located in a six-hectare lot in Paco, Manila.


He said the bidding has already been approved by the NDC after securing the clearance from the Privatization Council, an attached agency of the Department of Finance.


                    [DatePublished] => 2005-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 280528
                    [Title] => Gov’t eyes out-of-court settlement with Philnico
                    [Summary] => The Arroyo administration is considering the possibility of an out-of-court settlement with Philippine Nickel Co. (Philnico) over some $300 million worth of receivables from the sale of Nonoc mines. 


Officials disclosed over the weekend that the Arroyo administration was considering its options which could include a restructured settlement schedule and debt-for-equity swap that would allow the government to retain part of its ownership of Nonoc mines. 


                    [DatePublished] => 2005-06-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
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)

FINANCE UNDERSECRETARY GABRIEL SINGSON JR.

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                    [ArticleID] => 339789
                    [Title] => Century Properties buys IS property for P1.432B
                    [Summary] => The government has sold the Makati property formerly occupied by the International School to Century Properties Inc. (CPI) for P1.432 billion, the Arroyo administration’s first major asset sale this year.


The Department of Finance (DOF) announced yesterday that the government has accepted CPI’s offer to buy the 48,832-square meter property after several failed attempts to bid it out in the last five years. 


                    [DatePublished] => 2006-06-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 324788
                    [Title] => Robinsons Land acquires Manila Gas for P573M
                    [Summary] => The government has finally sold  Paco, Manila property of Manila Gas Corp. (MG) for P573 million to Robinson’s Land Corp. (RLC), the property company owned by taipan John Gokongwei. 


Finance officials announced that the transaction was finalized yesterday even as the government began evaluations of the standing offers for another prime government property in Makati estimated to be worth at least P1.8 billion. 


Officials said the sale of the MG property should augur well with the 4.8-hectare Makati property that used to be occupied by the International School (IS). 

                    [DatePublished] => 2006-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 293625
                    [Title] => Government to auction off Mla Gas property in Paco on Sept 13
                    [Summary] => The government has set the privatization of the Manila Gas property owned by the National Development Co. (NDC) on Sept. 13, Finance Undersecretary Gabriel Singson Jr. said. 


Singson, who is handling the government’s privatization program, said the property is located in a six-hectare lot in Paco, Manila.


He said the bidding has already been approved by the NDC after securing the clearance from the Privatization Council, an attached agency of the Department of Finance.


                    [DatePublished] => 2005-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 280528
                    [Title] => Gov’t eyes out-of-court settlement with Philnico
                    [Summary] => The Arroyo administration is considering the possibility of an out-of-court settlement with Philippine Nickel Co. (Philnico) over some $300 million worth of receivables from the sale of Nonoc mines. 


Officials disclosed over the weekend that the Arroyo administration was considering its options which could include a restructured settlement schedule and debt-for-equity swap that would allow the government to retain part of its ownership of Nonoc mines. 


                    [DatePublished] => 2005-06-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Century Properties buys IS property for P1.432B

By Des Ferriols | June 3, 2006 - 12:00am

The government has sold the Makati property formerly occupied by the International School to Century Properties Inc. (CPI) for P1.432 billion, the Arroyo administration’s first major asset sale this year. The...

Business

Robinsons Land acquires Manila Gas for P573M

By Des Ferriols | March 7, 2006 - 12:00am

The government has finally sold Paco, Manila property of Manila Gas Corp. (MG) for P573 million to Robinson’s Land Corp. (RLC), the property company owned by taipan John Gokongwei. Finance officials announced...

Business

Government to auction off Mla Gas property in Paco on Sept 13

By Zinnia B. Dela Peña | August 27, 2005 - 12:00am

The government has set the privatization of the Manila Gas property owned by the National Development Co. (NDC) on Sept. 13, Finance Undersecretary Gabriel Singson Jr. said. Singson, who is handling the government’s...

Business

Gov’t eyes out-of-court settlement with Philnico

By Des Ferriols | June 6, 2005 - 12:00am

The Arroyo administration is considering the possibility of an out-of-court settlement with Philippine Nickel Co. (Philnico) over some $300 million worth of receivables from the sale of Nonoc mines. Officials disclosed...

Business