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                    [ArticleID] => 245417
                    [Title] => Dazzling them with his bull
                    [Summary] => Disgruntled members of the Manila Polo Club revealed that its Good  Governance Team, headed by Robert Romulo, will be given broad powers if Amendment No. 6 is passed. This gives the board the power to arbitrarily raise members’ dues  without consultation. These amendments to the by-laws were initiated by Romulo himself. Shades of the Marcos dictatorship and self-aggrandizement! The team is proposing to increase members’ monthly dues to P2,200. That’s roughly P12,000 a year.
                    [DatePublished] => 2004-04-06 00:00:00
                    [ColumnID] => 135728
                    [Focus] => 0
                    [AuthorID] => 1730160
                    [AuthorName] => S.A. Maguire
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 177327
                    [Title] => Polo Club seen close to financial ruin after adverse court ruling
                    [Summary] => The Manila Polo Club has been hit by a court ruling against its issuance of associate memberships and a group of concerned members said the present board’s failure to provide against this possibility now threatens the once-prestigious club with financial ruin.


In a ruling issued Aug. 29  but brought to light only yesterday, the Court of Appeals overturned a decision of the SEC en banc and upheld an SEC hearing officer who ruled that the club did not have the authority to add conditions not included in the by-laws.


                    [DatePublished] => 2002-09-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 173136
                    [Title] => Reform team deplores delay of Polo Club polls
                    [Summary] => Concerned club members seeking reforms at the Manila Polo Club (MPC) expressed dismay yesterday over the postponement by the MPC board of the scheduled club elections on Aug. 26 to Sept. 25 on account of its failure to comply with Securities and Exchange Commission rules and regulations.


                    [DatePublished] => 2002-08-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 172890
                    [Title] => Manila Polo Club feud
                    [Summary] => 
The Defenders : Polo Club financial health restored, says president

The financial hemorrhage experienced the Manila Polo Club last year has been reversed this year.


MPC attained an operating profit before depreciation, which is a non-cash item of P5 million.


The club ended the year with a cash balance of P134 million.


The financial performance of the club this year made unnecessary an increase in membership dues.


                    [DatePublished] => 2002-08-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 171749
                    [Title] => SEC urges warring factions of Manila Polo Club to resolve their differences
                    [Summary] => The Securities and Exchange Commission is urging warring officers and members of the Manila Polo Club to resolve their differences to ensure an orderly management of the elite membership club.


SEC Chairperson Lilia R. Bautista made this appeal after the corporate watchdog was requested to step in and investigate the alleged lack of transparency and accountability within the board of directors of Manila Polo Club.


                    [DatePublished] => 2002-08-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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GOOD GOVERNANCE TEAM

Array
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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 245417
                    [Title] => Dazzling them with his bull
                    [Summary] => Disgruntled members of the Manila Polo Club revealed that its Good  Governance Team, headed by Robert Romulo, will be given broad powers if Amendment No. 6 is passed. This gives the board the power to arbitrarily raise members’ dues  without consultation. These amendments to the by-laws were initiated by Romulo himself. Shades of the Marcos dictatorship and self-aggrandizement! The team is proposing to increase members’ monthly dues to P2,200. That’s roughly P12,000 a year.
                    [DatePublished] => 2004-04-06 00:00:00
                    [ColumnID] => 135728
                    [Focus] => 0
                    [AuthorID] => 1730160
                    [AuthorName] => S.A. Maguire
                    [SectionName] => Business
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                    [ArticleID] => 177327
                    [Title] => Polo Club seen close to financial ruin after adverse court ruling
                    [Summary] => The Manila Polo Club has been hit by a court ruling against its issuance of associate memberships and a group of concerned members said the present board’s failure to provide against this possibility now threatens the once-prestigious club with financial ruin.


In a ruling issued Aug. 29  but brought to light only yesterday, the Court of Appeals overturned a decision of the SEC en banc and upheld an SEC hearing officer who ruled that the club did not have the authority to add conditions not included in the by-laws.


                    [DatePublished] => 2002-09-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 173136
                    [Title] => Reform team deplores delay of Polo Club polls
                    [Summary] => Concerned club members seeking reforms at the Manila Polo Club (MPC) expressed dismay yesterday over the postponement by the MPC board of the scheduled club elections on Aug. 26 to Sept. 25 on account of its failure to comply with Securities and Exchange Commission rules and regulations.


                    [DatePublished] => 2002-08-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 172890
                    [Title] => Manila Polo Club feud
                    [Summary] => 
The Defenders : Polo Club financial health restored, says president

The financial hemorrhage experienced the Manila Polo Club last year has been reversed this year.


MPC attained an operating profit before depreciation, which is a non-cash item of P5 million.


The club ended the year with a cash balance of P134 million.


The financial performance of the club this year made unnecessary an increase in membership dues.


                    [DatePublished] => 2002-08-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 171749
                    [Title] => SEC urges warring factions of Manila Polo Club to resolve their differences
                    [Summary] => The Securities and Exchange Commission is urging warring officers and members of the Manila Polo Club to resolve their differences to ensure an orderly management of the elite membership club.


SEC Chairperson Lilia R. Bautista made this appeal after the corporate watchdog was requested to step in and investigate the alleged lack of transparency and accountability within the board of directors of Manila Polo Club.


                    [DatePublished] => 2002-08-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Dazzling them with his bull

By S.A. Maguire | April 6, 2004 - 12:00am

Disgruntled members of the Manila Polo Club revealed that its Good Governance Team, headed by Robert Romulo, will be given broad powers if Amendment No. 6 is passed. This gives the board the power to arbitrarily...

Business

Polo Club seen close to financial ruin after adverse court ruling

September 25, 2002 - 12:00am

The Manila Polo Club has been hit by a court ruling against its issuance of associate memberships and a group of concerned members said the present board’s failure to provide against this possibility now threatens...

Business

Reform team deplores delay of Polo Club polls

August 23, 2002 - 12:00am

Concerned club members seeking reforms at the Manila Polo Club (MPC) expressed dismay yesterday over the postponement by the MPC board of the scheduled club elections on Aug. 26 to Sept. 25 on account of its failure...

Business

Manila Polo Club feud

August 21, 2002 - 12:00am

The Defenders : Polo Club financial health restored, says president The financial hemorrhage experienced the Manila Polo Club last year has been reversed this year. MPC attained an operating profit before depreciation,...

Business

SEC urges warring factions of Manila Polo Club to resolve their differences

By Zinnia B. Dela Peña | August 12, 2002 - 12:00am

The Securities and Exchange Commission is urging warring officers and members of the Manila Polo Club to resolve their differences to ensure an orderly management of the elite membership club. SEC Chairperson Lilia...

Business