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                    [Title] => SEC approves capital restructuring of Nextstage
                    [Summary] => The Securities and Exchange Commission (SEC) has approved the capital restructuring of publicly-listed Nextstage Inc.


The capital restructuring is aimed at wiping out a portion of the company’s deficit by applying the remaining additional paid-in capital of P32.05 million.  As of end-December last year, Nextstage had a capital deficit of P74.28 million.


The restructuring also involves the decrease in authorized capital stock of Nextstage from P500 million to P100 million in line with the firm’s quasi-reorganization plan.


                    [DatePublished] => 2004-06-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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PACEMCO AND NEXTSTAGE

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                    [ArticleID] => 255002
                    [Title] => SEC approves capital restructuring of Nextstage
                    [Summary] => The Securities and Exchange Commission (SEC) has approved the capital restructuring of publicly-listed Nextstage Inc.


The capital restructuring is aimed at wiping out a portion of the company’s deficit by applying the remaining additional paid-in capital of P32.05 million.  As of end-December last year, Nextstage had a capital deficit of P74.28 million.


The restructuring also involves the decrease in authorized capital stock of Nextstage from P500 million to P100 million in line with the firm’s quasi-reorganization plan.


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                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [SectionUrl] => business
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abtest

SEC approves capital restructuring of Nextstage

By Zinnia B. Dela Peña | June 23, 2004 - 12:00am

The Securities and Exchange Commission (SEC) has approved the capital restructuring of publicly-listed Nextstage Inc. The capital restructuring is aimed at wiping out a portion of the company’s deficit by applying...

Business