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                    [ArticleID] => 200346
                    [Title] => Nasipit delists shares
                    [Summary] => After being declared insolvent last year, Nasipit Lumber Co. Inc. has voluntarily asked to delist its shares at the Philippine Stock Exchange starting today, March 26. 


The PSE board of directors, in a special meeting last week, approved the delisting of Nasipit from the official registry of the Exchange and the company’s shares shall no longer be tradable effective this date. 


                    [DatePublished] => 2003-03-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 175682
                    [Title] => Nasipit Lumber now  insolvent
                    [Summary] => Publicly-listed but dormant stock Nasipit Lumber Co. Inc. has been declared insolvent by the Regional Trial Court of Manila, paving the way for its eventual closure and delisting at the Philippine Stock Exchange.


In its order of adjudication last May 7, the court granted Nasipit’s request for insolvency and liquidation filed last February following six years of "serious financial difficulties."


One of the oldest logging and lumber processing firms in the country, Nasipit, suffered financial problems which led to its non-operation for the past six years.

                    [DatePublished] => 2002-09-12 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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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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                (
                    [ArticleID] => 128792
                    [Title] => Nasipit Lumber files for debt relief
                    [Summary] => Nasipit Lumber Co. Inc., a publicly listed but inactive stock company, has filed for debt relief before the Regional Trial Court of Manila to enable it to pursue its rehabilitation program.


In a disclosure to the Philippine Stock Exchange, the lumber firm and its subsidiary, Philippine Wallboard Corp., said a petition for rehabilitation was filed last Aug.1 at the Manila RTC, including the "suspension of all actions and proceedings" against the two companies.


                    [DatePublished] => 2001-08-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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PHILIPPINE WALLBOARD

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                    [ArticleID] => 200346
                    [Title] => Nasipit delists shares
                    [Summary] => After being declared insolvent last year, Nasipit Lumber Co. Inc. has voluntarily asked to delist its shares at the Philippine Stock Exchange starting today, March 26. 


The PSE board of directors, in a special meeting last week, approved the delisting of Nasipit from the official registry of the Exchange and the company’s shares shall no longer be tradable effective this date. 


                    [DatePublished] => 2003-03-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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                    [ArticleID] => 175682
                    [Title] => Nasipit Lumber now  insolvent
                    [Summary] => Publicly-listed but dormant stock Nasipit Lumber Co. Inc. has been declared insolvent by the Regional Trial Court of Manila, paving the way for its eventual closure and delisting at the Philippine Stock Exchange.


In its order of adjudication last May 7, the court granted Nasipit’s request for insolvency and liquidation filed last February following six years of "serious financial difficulties."


One of the oldest logging and lumber processing firms in the country, Nasipit, suffered financial problems which led to its non-operation for the past six years.

                    [DatePublished] => 2002-09-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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                    [SectionUrl] => business
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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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                (
                    [ArticleID] => 128792
                    [Title] => Nasipit Lumber files for debt relief
                    [Summary] => Nasipit Lumber Co. Inc., a publicly listed but inactive stock company, has filed for debt relief before the Regional Trial Court of Manila to enable it to pursue its rehabilitation program.


In a disclosure to the Philippine Stock Exchange, the lumber firm and its subsidiary, Philippine Wallboard Corp., said a petition for rehabilitation was filed last Aug.1 at the Manila RTC, including the "suspension of all actions and proceedings" against the two companies.


                    [DatePublished] => 2001-08-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

Nasipit delists shares

By Christina Mendez | March 26, 2003 - 12:00am

After being declared insolvent last year, Nasipit Lumber Co. Inc. has voluntarily asked to delist its shares at the Philippine Stock Exchange starting today, March 26. The PSE board of directors, in a special meeting...

Business

Nasipit Lumber now insolvent

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

Publicly-listed but dormant stock Nasipit Lumber Co. Inc. has been declared insolvent by the Regional Trial Court of Manila, paving the way for its eventual closure and delisting at the Philippine Stock Exchange. In...

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

Nasipit Lumber files for debt relief

By Christina Mendez | August 4, 2001 - 12:00am

Nasipit Lumber Co. Inc., a publicly listed but inactive stock company, has filed for debt relief before the Regional Trial Court of Manila to enable it to pursue its rehabilitation program. In a disclosure to the...

Business