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                    [Title] => Congress terminates Masinloc plant sale
                    [Summary] => The Joint Congressional Power Commission (JCPC) directed the Power  Sector Assets and Liabilities Management Corp. (PSALM) yesterday to terminate the controversial sale of the Masinloc power plant in Zambales to YNN Pacific Consortium Inc. by Aug. 6.
                    [DatePublished] => 2006-08-04 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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                    [ArticleID] => 343002
                    [Title] => Malaysians buy out YNN partners
                    [Summary] => Malaysian power utility firm Ranhill Bhd plans to cough up more than $230 million to take control of the Masinloc power plant in Zambales.


In a Reuters report from Kuala Lumpur yesterday, Ranhill said that it had bought out its partners in the YNN Pacific Consortium Inc., which successfully bid $561.7 million in December 2004 for the 600-megawatt coal-fired plant. 


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                    [AuthorName] => Donnabelle L. Gatdula
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                    [Title] => $230-M down for Masinloc plant expected today
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) has forwarded to YNN Pacific Consortium Inc., the winning bidder for the 600-megawatt Masinloc coal-fired power plant, all the closing deliverables as specified under the asset purchase agreement to pave the way for the collection of the 40-percent downpayment worth $230 million expected today.


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                    [Title] => PSALM to hold investors’ forum next week
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) will hold an investors’ forum on Feb. 16 to update the business community on the development in the National Power Corp. (Napocor) privatization. 


"We want to keep the investors abreast of our new privatization strategie," PSALM vice president for asset management and disposal Froilan Tampinco said. 


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GARY MAKASIAR

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                    [Title] => Congress terminates Masinloc plant sale
                    [Summary] => The Joint Congressional Power Commission (JCPC) directed the Power  Sector Assets and Liabilities Management Corp. (PSALM) yesterday to terminate the controversial sale of the Masinloc power plant in Zambales to YNN Pacific Consortium Inc. by Aug. 6.
                    [DatePublished] => 2006-08-04 00:00:00
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                    [Title] => Malaysians buy out YNN partners
                    [Summary] => Malaysian power utility firm Ranhill Bhd plans to cough up more than $230 million to take control of the Masinloc power plant in Zambales.


In a Reuters report from Kuala Lumpur yesterday, Ranhill said that it had bought out its partners in the YNN Pacific Consortium Inc., which successfully bid $561.7 million in December 2004 for the 600-megawatt coal-fired plant. 


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                    [Title] => $230-M down for Masinloc plant expected today
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) has forwarded to YNN Pacific Consortium Inc., the winning bidder for the 600-megawatt Masinloc coal-fired power plant, all the closing deliverables as specified under the asset purchase agreement to pave the way for the collection of the 40-percent downpayment worth $230 million expected today.


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                    [Title] => PSALM to hold investors’ forum next week
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) will hold an investors’ forum on Feb. 16 to update the business community on the development in the National Power Corp. (Napocor) privatization. 


"We want to keep the investors abreast of our new privatization strategie," PSALM vice president for asset management and disposal Froilan Tampinco said. 


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Congress terminates Masinloc plant sale

By Christina Mendez | August 4, 2006 - 12:00am

The Joint Congressional Power Commission (JCPC) directed the Power Sector Assets and Liabilities Management Corp. (PSALM) yesterday to terminate the controversial sale of the Masinloc power plant in Zambales to...

Headlines

Malaysians buy out YNN partners

By Donnabelle L. Gatdula | June 21, 2006 - 12:00am

Malaysian power utility firm Ranhill Bhd plans to cough up more than $230 million to take control of the Masinloc power plant in Zambales. In a Reuters report from Kuala Lumpur yesterday, Ranhill said that it had...

Business

$230-M down for Masinloc plant expected today

By Donnabelle L. Gatdula | December 2, 2005 - 12:00am

The Power Sector Assets and Liabilities Management Corp. (PSALM) has forwarded to YNN Pacific Consortium Inc., the winning bidder for the 600-megawatt Masinloc coal-fired power plant, all the closing deliverables...

Business

PSALM to hold investors’ forum next week

By Donnabelle L. Gatdula | February 9, 2005 - 12:00am

The Power Sector Assets and Liabilities Management Corp. (PSALM) will hold an investors’ forum on Feb. 16 to update the business community on the development in the National Power Corp. (Napocor) privatization....

Business