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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 263504 [Title] => Iligan City govt agrees to recall, suspend tax levy on National Steel [Summary] => Iligan City The city government here has agreed to recall and suspend the tax levy it imposed last month on National Steel Corp. (NSC).
This, after the Securities and Exchange Commission (SEC) recently ruled that the local government unit cannot impose the levy until the assets of the closed NSC steel plant here are sold.
[DatePublished] => 2004-09-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1462424 [AuthorName] => Lino Dela Cruz [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 205439 [Title] => Two firms eye NSC anew [Summary] => Two firms have reportedly expressed interest in the National Steel Corp. (NSC).
Ispat International, which had previously offered to take over NSC, is renewing its offer for the mothballed steel firm, while Sherman International Corp. has expressed interest only in acquiring some of NSCs assets.
According to banking sources, the two firms have renewed interest in NSC following the debt restructuring agreement reached among the steel firms creditor-banks.
[DatePublished] => 2003-05-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 96493 [Title] => Dutch firm loses interest in National Steel [Summary] => Dutch firm Ispat International NV is no longer interested in acquiring the debt-stricken National Steel Corp. (NSC), Trade and Industry Secretary Manuel Roxas II said yesterday.
Ispat was recently reported to have tendered a $100-million bid for the debt-saddled steel maker.
"Ispat appeared earnest in its desire to acquire NSC, but it never put up the money to back up its offer," Roxas said. The other bidders, Roxas said, "are still probably interested, but have not communicated any change in their position."
[DatePublished] => 2001-03-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ISPAT INTERNATIONAL
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 263504 [Title] => Iligan City govt agrees to recall, suspend tax levy on National Steel [Summary] => Iligan City The city government here has agreed to recall and suspend the tax levy it imposed last month on National Steel Corp. (NSC).
This, after the Securities and Exchange Commission (SEC) recently ruled that the local government unit cannot impose the levy until the assets of the closed NSC steel plant here are sold.
[DatePublished] => 2004-09-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1462424 [AuthorName] => Lino Dela Cruz [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 205439 [Title] => Two firms eye NSC anew [Summary] => Two firms have reportedly expressed interest in the National Steel Corp. (NSC).
Ispat International, which had previously offered to take over NSC, is renewing its offer for the mothballed steel firm, while Sherman International Corp. has expressed interest only in acquiring some of NSCs assets.
According to banking sources, the two firms have renewed interest in NSC following the debt restructuring agreement reached among the steel firms creditor-banks.
[DatePublished] => 2003-05-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 96493 [Title] => Dutch firm loses interest in National Steel [Summary] => Dutch firm Ispat International NV is no longer interested in acquiring the debt-stricken National Steel Corp. (NSC), Trade and Industry Secretary Manuel Roxas II said yesterday.
Ispat was recently reported to have tendered a $100-million bid for the debt-saddled steel maker.
"Ispat appeared earnest in its desire to acquire NSC, but it never put up the money to back up its offer," Roxas said. The other bidders, Roxas said, "are still probably interested, but have not communicated any change in their position."
[DatePublished] => 2001-03-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Lino Dela Cruz | September 4, 2004 - 12:00am
By Marianne V. Go | May 9, 2003 - 12:00am
March 22, 2001 - 12:00am
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