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                    [ArticleID] => 172350
                    [Title] => iVantage sells stake in money remittance firm
                    [Summary] => Technology holding firm iVantage Corp. has sold its entire interest in money remittance firm iRemit Inc. to a group of local investors for about P51 million, a company official told the Philippine Stock Exchange.


iVantage corporate secretary A. Bayani Tan identified the buyers as JTKC Equities Inc., Surewell Equities Inc. and JPSA Global Services Co.


iRemit was organized as a wholly-owned subsidiary only last year, providing remittance services mainly for overseas Filipino workers (OFWs) with its first overseas branch established in Hong Kong.


                    [DatePublished] => 2002-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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GLOBAL SERVICES CO

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                    [ArticleID] => 172350
                    [Title] => iVantage sells stake in money remittance firm
                    [Summary] => Technology holding firm iVantage Corp. has sold its entire interest in money remittance firm iRemit Inc. to a group of local investors for about P51 million, a company official told the Philippine Stock Exchange.


iVantage corporate secretary A. Bayani Tan identified the buyers as JTKC Equities Inc., Surewell Equities Inc. and JPSA Global Services Co.


iRemit was organized as a wholly-owned subsidiary only last year, providing remittance services mainly for overseas Filipino workers (OFWs) with its first overseas branch established in Hong Kong.


                    [DatePublished] => 2002-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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abtest

iVantage sells stake in money remittance firm

By Christina Mendez | August 17, 2002 - 12:00am

Technology holding firm iVantage Corp. has sold its entire interest in money remittance firm iRemit Inc. to a group of local investors for about P51 million, a company official told the Philippine Stock Exchange. iVantage...

Business