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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] => 
                )

            [1] => Array
                (
                    [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
                    [URL] => 
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PHILIPPINE WALLBOARD CORP

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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
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                )

            [1] => Array
                (
                    [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
                    [URL] => 
                )

        )

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abtest

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