+ Follow PHOENIX ENERGY CORP Tag
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[ArticleID] => 750953
[Title] => Cadlao oil field in Palawan to be developed next year
[Summary] => The Cadlao oil field in Northwest Palawan will be redeveloped for possible production next year.
[DatePublished] => 2011-11-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 223355
[Title] => Unioil sets reorg to wipe out deficiency
[Summary] => Unioil Resources & Holdings Co. Inc. will undertake a corporate reorganization to wipe out its capital deficiency, the company told the Philippine Stock Exchange.
Unioil said its board of directors approved in a meeting held last week a plan to transfer the firm’s shares in Westmont Investment Corp. to a yet-to-be-formed company. Wincorp., a wholly-owned investment house subsidiary of Unioil, has been experiencing financial problems due to the withdrawal of investments of its investors.
[DatePublished] => 2003-10-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[ArticleID] => 216406
[Title] => Unioil appeals fine imposed by SEC
[Summary] => Unioil Resources & Holdings Co. Inc. has asked the Securities and Exchange Commission (SEC) to reduce the P235,000 fine imposed on it and reinstate its corporate registration.
In its petition filed with the SEC, Unioil asked that the penalty be reduced to P135,000 and that it be allowed to pay in installments.
Unioil was fined for its failure to submit the quarterly reports for the first and second quarters of 2002 and to file a notice of its annual stockholders meeting and report on independent directors.
[DatePublished] => 2003-08-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[3] => Array
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[ArticleID] => 200569
[Title] => Lucio Tan firm to get 25% stake in Balabac
[Summary] => Saturn Holdings Inc., a member company of the Lucio Tan Group, has executed a formal agreement to take in 25 percent of the shares of the publicly-listed Balabac Resources & Holdings Co. Inc. for an aggregate value of P1.231 billlion.
In a disclosure to the Philippine Stock Exchange, Balabac corporate secretary Rolando del Castillo said the closing of the deal is still subject to an exemption from the tender offer rule from the Securities and Exchange Commission, along with the increases in its capital stock to P5 billion.
[DatePublished] => 2003-03-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[ArticleID] => 197989
[Title] => Saturn Holdings gets exemption from tender offer rule
[Summary] => The Securities and Exchange Commission (SEC) has ruled that the recent purchase by Saturn Holdings Inc. of a 94-percent stake in Balabac Resources & Holdings Co. Inc. is not covered by the agency’s tender offer requirements.
The SEC cited Section 19 of the Securities Regulation Code as reason for its decision to exempt the acquisition by Saturn of a controlling stake in Balabac from the requirements of a mandatory tender offer under the Securities Regulation Code.
[DatePublished] => 2003-03-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 196976
[Title] => Exemption from tender offer rule sought by Balabac buyer
[Summary] => Balabac Resources & Holdings Co. Inc. has asked the Securities and Exchange Commission to exempt the acquisition by Saturn Holdings Inc. of 94 percent of the dormant listed firm from the mandatory tender offer requirement.
Any acquisition involving 35 percent or more of a listed company would trigger a mandatory tender offer. This means that the purchasor shall offer to buy the remaining shares held by minority shareholders at the same terms given to the majority owners.
[DatePublished] => 2003-02-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
PHOENIX ENERGY CORP
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 750953
[Title] => Cadlao oil field in Palawan to be developed next year
[Summary] => The Cadlao oil field in Northwest Palawan will be redeveloped for possible production next year.
[DatePublished] => 2011-11-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 223355
[Title] => Unioil sets reorg to wipe out deficiency
[Summary] => Unioil Resources & Holdings Co. Inc. will undertake a corporate reorganization to wipe out its capital deficiency, the company told the Philippine Stock Exchange.
Unioil said its board of directors approved in a meeting held last week a plan to transfer the firm’s shares in Westmont Investment Corp. to a yet-to-be-formed company. Wincorp., a wholly-owned investment house subsidiary of Unioil, has been experiencing financial problems due to the withdrawal of investments of its investors.
[DatePublished] => 2003-10-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 216406
[Title] => Unioil appeals fine imposed by SEC
[Summary] => Unioil Resources & Holdings Co. Inc. has asked the Securities and Exchange Commission (SEC) to reduce the P235,000 fine imposed on it and reinstate its corporate registration.
In its petition filed with the SEC, Unioil asked that the penalty be reduced to P135,000 and that it be allowed to pay in installments.
Unioil was fined for its failure to submit the quarterly reports for the first and second quarters of 2002 and to file a notice of its annual stockholders meeting and report on independent directors.
[DatePublished] => 2003-08-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 200569
[Title] => Lucio Tan firm to get 25% stake in Balabac
[Summary] => Saturn Holdings Inc., a member company of the Lucio Tan Group, has executed a formal agreement to take in 25 percent of the shares of the publicly-listed Balabac Resources & Holdings Co. Inc. for an aggregate value of P1.231 billlion.
In a disclosure to the Philippine Stock Exchange, Balabac corporate secretary Rolando del Castillo said the closing of the deal is still subject to an exemption from the tender offer rule from the Securities and Exchange Commission, along with the increases in its capital stock to P5 billion.
[DatePublished] => 2003-03-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 197989
[Title] => Saturn Holdings gets exemption from tender offer rule
[Summary] => The Securities and Exchange Commission (SEC) has ruled that the recent purchase by Saturn Holdings Inc. of a 94-percent stake in Balabac Resources & Holdings Co. Inc. is not covered by the agency’s tender offer requirements.
The SEC cited Section 19 of the Securities Regulation Code as reason for its decision to exempt the acquisition by Saturn of a controlling stake in Balabac from the requirements of a mandatory tender offer under the Securities Regulation Code.
[DatePublished] => 2003-03-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 196976
[Title] => Exemption from tender offer rule sought by Balabac buyer
[Summary] => Balabac Resources & Holdings Co. Inc. has asked the Securities and Exchange Commission to exempt the acquisition by Saturn Holdings Inc. of 94 percent of the dormant listed firm from the mandatory tender offer requirement.
Any acquisition involving 35 percent or more of a listed company would trigger a mandatory tender offer. This means that the purchasor shall offer to buy the remaining shares held by minority shareholders at the same terms given to the majority owners.
[DatePublished] => 2003-02-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
October 7, 2003 - 12:00am
