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                    [ArticleID] => 1367238
                    [Title] => Lepanto Ceramics exits rehab
                    [Summary] => 
Lepanto Ceramics Inc. (LCI), an indirect subsidiary of listed firm Prime Orion Philippines Inc., has made its exit from court-assisted corporate rehabilitation.

                    [DatePublished] => 2014-09-10 00:00:00
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                    [ArticleID] => 761992
                    [Title] => Lepanto seeks court reprieve on debt payment
                    [Summary] => 
Lepanto Ceramics Inc. (LCI), an indirect subsidiary of listed firm Prime Orion Philippines, has sought a court reprieve on debt payments to stem continuing losses and allow it to revive its business.
                    [DatePublished] => 2011-12-27 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 279153
                    [Title] => Prime Orion unit acquires Lepanto Ceramics loans
                    [Summary] => Prime Orion Philippines Inc. (POPI), an investment holding company associated with the Guoco Group of Malaysia, said one of its units acquired the loans extended by Hong Kong & Shanghai Banking Corp. to tilemaker Lepanto Ceramics Inc., an affiliate of POPI.


In a disclosure to the Philippine Stock Exchange, POPI said its indirect unit Orion Brands International Inc. (OBII) acquired the loans valued at $7.17 million and P15.97 million for a cash consideration of $1.6 million and P3.43 million, respectively.


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                    [ArticleID] => 254002
                    [Title] => Malaysia’s Guoco group eyes entry  into shopping mall business in RP
                    [Summary] => Prime Orion Philippines Inc. (POPI), an investment holding company associated with the Guoco Group of Malaysia, is planning to go into retailing through the establishment of a shopping mall to improve its cashflow.


Through its real estate subsidiary Tutuban Properties Inc., POPI hopes to put up a department store or a supermarket to take advantage of the anticipated increased consumer spending. The planned venture was disclosed by POPI to the Securities and Exchange Commission as it requested opinion on whether it is considered a foreign investor and can engage in retail trade.

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                    [Title] => Prime Orion Phils plans asset sale to pay P1.25-B loans
                    [Summary] => Prime Orion Philippines Inc. (POPI) expects to bring down its total outstanding loan obligations to P1.25 billion by the end of the year through the sale of certain assets or dacion-en-pago agreements.


In a disclosure to the Philippine Stock Exchange, POPI said negotiations are currently ongoing for the restructuring of the remaining balance of principal loans with a bank amounting to P1 billion.


POPI expects to conclude negotiations with the bank in one year.


                    [DatePublished] => 2004-03-03 00:00:00
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LEPANTO CERAMICS INC

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                    [Title] => Lepanto Ceramics exits rehab
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Lepanto Ceramics Inc. (LCI), an indirect subsidiary of listed firm Prime Orion Philippines Inc., has made its exit from court-assisted corporate rehabilitation.

                    [DatePublished] => 2014-09-10 00:00:00
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                    [Title] => Lepanto seeks court reprieve on debt payment
                    [Summary] => 
Lepanto Ceramics Inc. (LCI), an indirect subsidiary of listed firm Prime Orion Philippines, has sought a court reprieve on debt payments to stem continuing losses and allow it to revive its business.
                    [DatePublished] => 2011-12-27 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => Prime Orion unit acquires Lepanto Ceramics loans
                    [Summary] => Prime Orion Philippines Inc. (POPI), an investment holding company associated with the Guoco Group of Malaysia, said one of its units acquired the loans extended by Hong Kong & Shanghai Banking Corp. to tilemaker Lepanto Ceramics Inc., an affiliate of POPI.


In a disclosure to the Philippine Stock Exchange, POPI said its indirect unit Orion Brands International Inc. (OBII) acquired the loans valued at $7.17 million and P15.97 million for a cash consideration of $1.6 million and P3.43 million, respectively.


                    [DatePublished] => 2005-05-26 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 254002
                    [Title] => Malaysia’s Guoco group eyes entry  into shopping mall business in RP
                    [Summary] => Prime Orion Philippines Inc. (POPI), an investment holding company associated with the Guoco Group of Malaysia, is planning to go into retailing through the establishment of a shopping mall to improve its cashflow.


Through its real estate subsidiary Tutuban Properties Inc., POPI hopes to put up a department store or a supermarket to take advantage of the anticipated increased consumer spending. The planned venture was disclosed by POPI to the Securities and Exchange Commission as it requested opinion on whether it is considered a foreign investor and can engage in retail trade.

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                    [Title] => Prime Orion Phils plans asset sale to pay P1.25-B loans
                    [Summary] => Prime Orion Philippines Inc. (POPI) expects to bring down its total outstanding loan obligations to P1.25 billion by the end of the year through the sale of certain assets or dacion-en-pago agreements.


In a disclosure to the Philippine Stock Exchange, POPI said negotiations are currently ongoing for the restructuring of the remaining balance of principal loans with a bank amounting to P1 billion.


POPI expects to conclude negotiations with the bank in one year.


                    [DatePublished] => 2004-03-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
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abtest

Lepanto Ceramics exits rehab

September 10, 2014 - 12:00am

Lepanto Ceramics Inc. (LCI), an indirect subsidiary of listed firm Prime Orion Philippines Inc., has made its exit from court-assisted corporate rehabilitation.

Business

Lepanto seeks court reprieve on debt payment

By Zinnia B. Dela Peña | December 27, 2011 - 12:00am

Lepanto Ceramics Inc. (LCI), an indirect subsidiary of listed firm Prime Orion Philippines, has sought a court reprieve on debt payments to stem continuing losses and allow it to revive its business.

Business

Prime Orion unit acquires Lepanto Ceramics loans

By Zinnia B. Dela Peña | May 26, 2005 - 12:00am

Prime Orion Philippines Inc. (POPI), an investment holding company associated with the Guoco Group of Malaysia, said one of its units acquired the loans extended by Hong Kong & Shanghai Banking Corp. to tilemaker...

Business

Malaysia’s Guoco group eyes entry into shopping mall business in RP

By Zinnia B. Dela Peña | June 15, 2004 - 12:00am

Prime Orion Philippines Inc. (POPI), an investment holding company associated with the Guoco Group of Malaysia, is planning to go into retailing through the establishment of a shopping mall to improve its cashflow. Through...

Business

Prime Orion Phils plans asset sale to pay P1.25-B loans

March 3, 2004 - 12:00am

Prime Orion Philippines Inc. (POPI) expects to bring down its total outstanding loan obligations to P1.25 billion by the end of the year through the sale of certain assets or dacion-en-pago agreements. In a disclosure...

Business