+ Follow HOLDINGS N Tag
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 67844
[Title] => SEC okays capital hike of SM supermarket arm
[Summary] =>
[DatePublished] => 2008-06-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 236486
[Title] => BSP pushes sale of National Steel
[Summary] => The Bangko Sentral ng Pilipinas (BSP) is urging the National Steel Corp. (NSC) and its creditor-banks to finalize a decision on the sale of the steel firm.
BSP Governor Rafael Buenaventura told reporters over the weekend the sale of NSC and the restructuring of its loans will benefit the local banking industry.
"Looking at it from the industry standpoint, the restructuring of NSC’s obligations will improve the non-performing loans (NPL) ratio of the banking industry," Buenaventura said.
[DatePublished] => 2004-01-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 235860
[Title] => NSC creditors pick GIHL
[Summary] => Majority of the creditor-banks of the National Steel Corp. (NSC) have reportedly accepted the improved offer of Global Infrastructure Holdings Ltd. (GIHL).
According to sources involved in the talks, 60 percent or a majority of the banks have accepted GIHL’s offer for NSC.
Even those who reportedly had some questions about the length of payment, sources said, did not do anything "negative" to derail the acceptance of GIHL’s offer.
The sources also said a date for the signing of the MOA is now being set.
[DatePublished] => 2004-01-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 235747
[Title] => NSC liquidator defends bidding process
[Summary] => Responding to allegations of irregularity in the bidding process, Securities and Exchange Commission (SEC) appointed liquidator of National Steel Corp. (NSC), lawyer Danilo L. Concepcion, clarified yesterday that at the very outset the creditors of NSC have determined that the offer of Global Infrastructure Holdings Ltd. (GIHL) was far superior to that of LNM Holdings N.V. (LNM).
[DatePublished] => 2004-01-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 235654
[Title] => GIHL scores LNM over Nat’l Steel bidding issue
[Summary] => Global Infrastructure Holdings Limited (GIHL) has finally broken its silence on the continuing complaints of the LNM Group over the bidding for the Philippine National Steel Corp. (NSC).
Speaking on behalf of GIHL, Sushant C. Das, president-designate of GIHL, expressed his regret yesterday over the recent statements by Eric Tierie of LNM Holdings N.V. describing the NSC bidding as "unfair."
[DatePublished] => 2004-01-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 235148
[Title] => LNM pushes counter-offer for National Steel
[Summary] => LNM Holdings is making one last ditch appeal to the Department of Trade and Industry (DTI) to convince the creditor banks of the National Steel Corp. (NSC)...
[DatePublished] => 2004-01-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 232152
[Title] => LNM hikes upfront cash offer for NSC to P2.5B
[Summary] => The informal bidding for the mothballed National Steel Corp. (NSC) continues to heat up as the LNM Group increased yesterday its offer for an upfront cash payment of P2.5 billion to immediately rehabilitate the steel firm and invest P4 billion for repairs, upgrades and working capital in the first year.
Earlier, LNM’s upfront cash offer was P2 billion, besting the other contending group’s P1-billion upfront cash offer.
[DatePublished] => 2003-12-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 228237
[Title] => LNM Holdings willing to match Global’s NSC offer
[Summary] => LNM Holdings N.V. is still willing to match whatever bid Global Infrastructure Holdings Ltd. (GIHL) is offering to operate and eventually purchase the mothballed National Steel Corp. (NSC).
This was the assurance given by Eric D. Tierie, LNM’s general manager for marketing, following a courtesy call to Board of Investments (BOI) managing head Gregory Domingo last week.
According to Tierie, LNM is willing to wait for the end of the 90-day "exclusivity" negotiation period of GIHL with the NSC creditor-bank group.
[DatePublished] => 2003-11-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 222673
[Title] => Foreign steelmaker bids for National Steel Corp.
[Summary] => The London-based LNM group, the world’s second largest steel producer, yesterday submitted a bid for the lease or purchase of the assets of the the National Steel Corp. (NSC).
LNM Holdings N.V. vice chairman Addiya Mittal said that "with the LNM Group as its main strategic partner, the NSC has the potential again to become the largest integrated steel producer in the Philippines."
The LNM Group, Mittal said, has considerable experience in successfully turning around under-performing plants.
[DatePublished] => 2003-10-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
)
)
HOLDINGS N
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 67844
[Title] => SEC okays capital hike of SM supermarket arm
[Summary] =>
[DatePublished] => 2008-06-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 236486
[Title] => BSP pushes sale of National Steel
[Summary] => The Bangko Sentral ng Pilipinas (BSP) is urging the National Steel Corp. (NSC) and its creditor-banks to finalize a decision on the sale of the steel firm.
BSP Governor Rafael Buenaventura told reporters over the weekend the sale of NSC and the restructuring of its loans will benefit the local banking industry.
"Looking at it from the industry standpoint, the restructuring of NSC’s obligations will improve the non-performing loans (NPL) ratio of the banking industry," Buenaventura said.
[DatePublished] => 2004-01-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 235860
[Title] => NSC creditors pick GIHL
[Summary] => Majority of the creditor-banks of the National Steel Corp. (NSC) have reportedly accepted the improved offer of Global Infrastructure Holdings Ltd. (GIHL).
According to sources involved in the talks, 60 percent or a majority of the banks have accepted GIHL’s offer for NSC.
Even those who reportedly had some questions about the length of payment, sources said, did not do anything "negative" to derail the acceptance of GIHL’s offer.
The sources also said a date for the signing of the MOA is now being set.
[DatePublished] => 2004-01-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 235747
[Title] => NSC liquidator defends bidding process
[Summary] => Responding to allegations of irregularity in the bidding process, Securities and Exchange Commission (SEC) appointed liquidator of National Steel Corp. (NSC), lawyer Danilo L. Concepcion, clarified yesterday that at the very outset the creditors of NSC have determined that the offer of Global Infrastructure Holdings Ltd. (GIHL) was far superior to that of LNM Holdings N.V. (LNM).
[DatePublished] => 2004-01-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 235654
[Title] => GIHL scores LNM over Nat’l Steel bidding issue
[Summary] => Global Infrastructure Holdings Limited (GIHL) has finally broken its silence on the continuing complaints of the LNM Group over the bidding for the Philippine National Steel Corp. (NSC).
Speaking on behalf of GIHL, Sushant C. Das, president-designate of GIHL, expressed his regret yesterday over the recent statements by Eric Tierie of LNM Holdings N.V. describing the NSC bidding as "unfair."
[DatePublished] => 2004-01-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 235148
[Title] => LNM pushes counter-offer for National Steel
[Summary] => LNM Holdings is making one last ditch appeal to the Department of Trade and Industry (DTI) to convince the creditor banks of the National Steel Corp. (NSC)...
[DatePublished] => 2004-01-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 232152
[Title] => LNM hikes upfront cash offer for NSC to P2.5B
[Summary] => The informal bidding for the mothballed National Steel Corp. (NSC) continues to heat up as the LNM Group increased yesterday its offer for an upfront cash payment of P2.5 billion to immediately rehabilitate the steel firm and invest P4 billion for repairs, upgrades and working capital in the first year.
Earlier, LNM’s upfront cash offer was P2 billion, besting the other contending group’s P1-billion upfront cash offer.
[DatePublished] => 2003-12-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 228237
[Title] => LNM Holdings willing to match Global’s NSC offer
[Summary] => LNM Holdings N.V. is still willing to match whatever bid Global Infrastructure Holdings Ltd. (GIHL) is offering to operate and eventually purchase the mothballed National Steel Corp. (NSC).
This was the assurance given by Eric D. Tierie, LNM’s general manager for marketing, following a courtesy call to Board of Investments (BOI) managing head Gregory Domingo last week.
According to Tierie, LNM is willing to wait for the end of the 90-day "exclusivity" negotiation period of GIHL with the NSC creditor-bank group.
[DatePublished] => 2003-11-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 222673
[Title] => Foreign steelmaker bids for National Steel Corp.
[Summary] => The London-based LNM group, the world’s second largest steel producer, yesterday submitted a bid for the lease or purchase of the assets of the the National Steel Corp. (NSC).
LNM Holdings N.V. vice chairman Addiya Mittal said that "with the LNM Group as its main strategic partner, the NSC has the potential again to become the largest integrated steel producer in the Philippines."
The LNM Group, Mittal said, has considerable experience in successfully turning around under-performing plants.
[DatePublished] => 2003-10-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
)
)
abtest
October 1, 2003 - 12:00am
