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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 291957 [Title] => Lepanto okays P850-M stock rights offering [Summary] => The board of directors of Lepanto Consolidated Mining Co. has approved a stock rights offering estimated to raise about P850 million, the mining firm said in a disclosure to the Philippine Stock Exchange.
Lepanto said the rights offering will entitle shareholders on record as of Oct. 5 one share for every five shares held at P0.20 per share. The issue is expected to start on Oct. 25 although this is still subject to the approval of securities regulators.
Proceeds from the offering will be used to settle the companys accounts with suppliers and local creditors. [DatePublished] => 2005-08-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 285349 [Title] => Lepanto resolves labor dispute [Summary] => Lepanto Mining Corp. announced yesterday that the labor dispute at its mine site has already been resolved with the intervention of the Department of Labor and Employment (DOLE) which granted an increase in salary to employees.
In the disclosure to the Philippine Stock Exchange, Lepanto said the salary scale approved by DOLE is above normal industry standard which the mining firm is now implementing.
[DatePublished] => 2005-07-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
LEPANTO EMPLOYEES
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 291957 [Title] => Lepanto okays P850-M stock rights offering [Summary] => The board of directors of Lepanto Consolidated Mining Co. has approved a stock rights offering estimated to raise about P850 million, the mining firm said in a disclosure to the Philippine Stock Exchange.
Lepanto said the rights offering will entitle shareholders on record as of Oct. 5 one share for every five shares held at P0.20 per share. The issue is expected to start on Oct. 25 although this is still subject to the approval of securities regulators.
Proceeds from the offering will be used to settle the companys accounts with suppliers and local creditors. [DatePublished] => 2005-08-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 285349 [Title] => Lepanto resolves labor dispute [Summary] => Lepanto Mining Corp. announced yesterday that the labor dispute at its mine site has already been resolved with the intervention of the Department of Labor and Employment (DOLE) which granted an increase in salary to employees.
In the disclosure to the Philippine Stock Exchange, Lepanto said the salary scale approved by DOLE is above normal industry standard which the mining firm is now implementing.
[DatePublished] => 2005-07-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Zinnia B. Dela Peña | August 17, 2005 - 12:00am
By Zinnia B. Dela Peña | July 7, 2005 - 12:00am
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