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                    [ArticleID] => 182556
                    [Title] => PSE reviews rules on involuntary delisting
                    [Summary] => The Philippine Stock Exchange (PSE) is reviewing its rules on involuntary delisting in its efforts to weed out the bourse of about 10 "non-performing" companies, PSE president Ernest Leung said over the weekend.


"We are reviewing our policies on dormant companies – how do we defined them?" he said.


But based on the PSE’s existing rules, there are no clear-cut reference to dormant companies nor a specified time frame that would categorize them as dormant.


                    [DatePublished] => 2002-11-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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            [1] => Array
                (
                    [ArticleID] => 176711
                    [Title] => Alsons Cement to delist shares at stock market
                    [Summary] => Alsons Cement Corp. (ACC) will delist its shares at the Philippine Stock Exchange upon the closing of its acquisition by Union Cement Corp. (UCC) expected within the next couple of weeks.


In a report to the PSE, UCC corporate secretary Juan Diaz said the company’s board of directors ratified during their meeting yesterday to delist the shares of ACC immediately after the closing of their acquisition of 88 percent of the issued and outstanding capital stock of ACC.


                    [DatePublished] => 2002-09-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 152079
                    [Title] => Nasipit Lumber to close down
                    [Summary] => Nasipit Lumber Co. Inc., one of the oldest logging and lumber processing firms in the country, will be delisting its shares at the Philippine Stock Exchange (PSE) as it prepares to close shop following six years of "serious financial difficulties."


The company informed the PSE that during its special stockholders' meeting held last week, the shareholders voted to apply for insolvency and liquidation with the courts and to seek the appointment of a liquidator who shall liquidate all the assets of the corporation and pay off all its obligations.


                    [DatePublished] => 2002-02-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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NASIPIT LUMBER

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    [results] => Array
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                (
                    [ArticleID] => 182556
                    [Title] => PSE reviews rules on involuntary delisting
                    [Summary] => The Philippine Stock Exchange (PSE) is reviewing its rules on involuntary delisting in its efforts to weed out the bourse of about 10 "non-performing" companies, PSE president Ernest Leung said over the weekend.


"We are reviewing our policies on dormant companies – how do we defined them?" he said.


But based on the PSE’s existing rules, there are no clear-cut reference to dormant companies nor a specified time frame that would categorize them as dormant.


                    [DatePublished] => 2002-11-04 00:00:00
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                    [ArticleID] => 176711
                    [Title] => Alsons Cement to delist shares at stock market
                    [Summary] => Alsons Cement Corp. (ACC) will delist its shares at the Philippine Stock Exchange upon the closing of its acquisition by Union Cement Corp. (UCC) expected within the next couple of weeks.


In a report to the PSE, UCC corporate secretary Juan Diaz said the company’s board of directors ratified during their meeting yesterday to delist the shares of ACC immediately after the closing of their acquisition of 88 percent of the issued and outstanding capital stock of ACC.


                    [DatePublished] => 2002-09-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 152079
                    [Title] => Nasipit Lumber to close down
                    [Summary] => Nasipit Lumber Co. Inc., one of the oldest logging and lumber processing firms in the country, will be delisting its shares at the Philippine Stock Exchange (PSE) as it prepares to close shop following six years of "serious financial difficulties."


The company informed the PSE that during its special stockholders' meeting held last week, the shareholders voted to apply for insolvency and liquidation with the courts and to seek the appointment of a liquidator who shall liquidate all the assets of the corporation and pay off all its obligations.


                    [DatePublished] => 2002-02-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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                )

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PSE reviews rules on involuntary delisting

November 4, 2002 - 12:00am

The Philippine Stock Exchange (PSE) is reviewing its rules on involuntary delisting in its efforts to weed out the bourse of about 10 "non-performing" companies, PSE president Ernest Leung said over...

Business

Alsons Cement to delist shares at stock market

By Christina Mendez | September 20, 2002 - 12:00am

Alsons Cement Corp. (ACC) will delist its shares at the Philippine Stock Exchange upon the closing of its acquisition by Union Cement Corp. (UCC) expected within the next couple of weeks. In a report to the PSE,...

Business

Nasipit Lumber to close down

By Christina Mendez | February 27, 2002 - 12:00am

Nasipit Lumber Co. Inc., one of the oldest logging and lumber processing firms in the country, will be delisting its shares at the Philippine Stock Exchange (PSE) as it prepares to close shop following six years...

Business