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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 96201 [Title] => All Asia stockholders rap IFC over rehab [Summary] => Stockholders of the All AsiaCapital Group have accused the International Finance Corp. (IFC) of standing in the way of the group’s rehabilitation.
In a press briefing yesterday, All AsiaCapital vice chairman Eusebio H. Tanco said the only way to save the group is to infuse additional capital.
However, the IFC rejected the plan as this will dilute its seven-percent equity in the group.
Tanco explained that by infusing capital, the different companies belonging to the group can become economically viable either for further operation or for sale.
[DatePublished] => 2001-02-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
NICASIO L
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 96201 [Title] => All Asia stockholders rap IFC over rehab [Summary] => Stockholders of the All AsiaCapital Group have accused the International Finance Corp. (IFC) of standing in the way of the group’s rehabilitation.
In a press briefing yesterday, All AsiaCapital vice chairman Eusebio H. Tanco said the only way to save the group is to infuse additional capital.
However, the IFC rejected the plan as this will dilute its seven-percent equity in the group.
Tanco explained that by infusing capital, the different companies belonging to the group can become economically viable either for further operation or for sale.
[DatePublished] => 2001-02-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ted P. Torres | February 22, 2001 - 12:00am
Recommended
The Insurance Commission has placed health maintenance organization Stotsenberg Healthcare Systems Inc.under conservatorship amid its inability to address requirements from the government.
3 days ago
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Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66