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                    [Title] => Reynolds gets Metrobank nod for restructuring program
                    [Summary] => Reynolds Philippines Corp. (RPC) has secured the approval of its second largest creditor, Metropolitan Bank and Trust Co., its financial restructuring program anchored on a debt-to-equity conversion.


                    [DatePublished] => 2002-02-15 00:00:00
                    [ColumnID] => 133272
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                    [Title] => Reynolds plan gets Landbank approval
                    [Summary] => The Land Bank of the Philippines (LBP) has approved the financial restructuring plan of Reynolds Philippines Corp. (RPC) which will hopefully bring the top aluminum maker back in operation.


In a disclosure to the PSE, RPC corporate information officer Maria Olivia Yabut-Misa said that as the company’s biggest stockholder and creditor, the approval of LBP would pave the way for securing similar approval of the remaining 67 percent of RPC’s bank creditors by the end of this month.


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                    [Title] => Landbank gets exemption from tender offer rule
                    [Summary] => The Securities and Exchange Commission (SEC) has waived the mandatory tender offer rule in the acquisition of a 36.7-percent stake in aluminum maker Reynolds Philippines Corp. by the Land Bank of the Philippines (LBP).


                    [DatePublished] => 2001-09-07 00:00:00
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                    [ArticleID] => 130862
                    [Title] => Landbank takes 36% stake in Reynolds
                    [Summary] => The Land Bank of the Philippines (LBP) has taken a 36-percent stake in aluminum manufacturing firm Reynolds Philippines Corp. (RPC) in a debt-to-equity swap with RPC’s single biggest stockholder Profinda Holdings Corp.


In a disclosure to the Philippine Stock Exchange, RPC treasurer and chief finance officer Jorge Navarra said LBP has presented the copies of documents last week authorizing the registration of 361,205,257 RPC shares of stock in its name.


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                    [Title] => SEC accepts compromise offer of Reynolds Phils
                    [Summary] => The Securities and Exchange Commission (SEC) has accepted a settlement offer from aluminum maker Reynolds Philippines Corp. (RPC), paving the way for the dismissal of the stock manipulation charges filed against the company early this year.


In a four-page order, the Commission en banc approved the offer of the five RPC officials implicated in the case to pay the sum of P100,000 each, or a total of P500,000, to put an end to the SEC’s investigation.


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PROFINDA HOLDINGS CORP

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                    [Title] => Reynolds gets Metrobank nod for restructuring program
                    [Summary] => Reynolds Philippines Corp. (RPC) has secured the approval of its second largest creditor, Metropolitan Bank and Trust Co., its financial restructuring program anchored on a debt-to-equity conversion.


                    [DatePublished] => 2002-02-15 00:00:00
                    [ColumnID] => 133272
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                    [Title] => Reynolds plan gets Landbank approval
                    [Summary] => The Land Bank of the Philippines (LBP) has approved the financial restructuring plan of Reynolds Philippines Corp. (RPC) which will hopefully bring the top aluminum maker back in operation.


In a disclosure to the PSE, RPC corporate information officer Maria Olivia Yabut-Misa said that as the company’s biggest stockholder and creditor, the approval of LBP would pave the way for securing similar approval of the remaining 67 percent of RPC’s bank creditors by the end of this month.


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                    [Title] => Landbank gets exemption from tender offer rule
                    [Summary] => The Securities and Exchange Commission (SEC) has waived the mandatory tender offer rule in the acquisition of a 36.7-percent stake in aluminum maker Reynolds Philippines Corp. by the Land Bank of the Philippines (LBP).


                    [DatePublished] => 2001-09-07 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 130862
                    [Title] => Landbank takes 36% stake in Reynolds
                    [Summary] => The Land Bank of the Philippines (LBP) has taken a 36-percent stake in aluminum manufacturing firm Reynolds Philippines Corp. (RPC) in a debt-to-equity swap with RPC’s single biggest stockholder Profinda Holdings Corp.


In a disclosure to the Philippine Stock Exchange, RPC treasurer and chief finance officer Jorge Navarra said LBP has presented the copies of documents last week authorizing the registration of 361,205,257 RPC shares of stock in its name.


                    [DatePublished] => 2001-08-21 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Christina Mendez
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                    [ArticleID] => 95990
                    [Title] => SEC accepts compromise offer of Reynolds Phils
                    [Summary] => The Securities and Exchange Commission (SEC) has accepted a settlement offer from aluminum maker Reynolds Philippines Corp. (RPC), paving the way for the dismissal of the stock manipulation charges filed against the company early this year.


In a four-page order, the Commission en banc approved the offer of the five RPC officials implicated in the case to pay the sum of P100,000 each, or a total of P500,000, to put an end to the SEC’s investigation.


                    [DatePublished] => 2001-05-07 00:00:00
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abtest

Reynolds gets Metrobank nod for restructuring program

By Christina Mendez | February 15, 2002 - 12:00am

Reynolds Philippines Corp. (RPC) has secured the approval of its second largest creditor, Metropolitan Bank and Trust Co., its financial restructuring program anchored on a debt-to-equity conversion.

Business

Reynolds plan gets Landbank approval

January 12, 2002 - 12:00am

The Land Bank of the Philippines (LBP) has approved the financial restructuring plan of Reynolds Philippines Corp. (RPC) which will hopefully bring the top aluminum maker back in operation. In a disclosure to the...

Business

Landbank gets exemption from tender offer rule

September 7, 2001 - 12:00am

The Securities and Exchange Commission (SEC) has waived the mandatory tender offer rule in the acquisition of a 36.7-percent stake in aluminum maker Reynolds Philippines Corp. by the Land Bank of the Philippines...

Business

Landbank takes 36% stake in Reynolds

By Christina Mendez | August 21, 2001 - 12:00am

The Land Bank of the Philippines (LBP) has taken a 36-percent stake in aluminum manufacturing firm Reynolds Philippines Corp. (RPC) in a debt-to-equity swap with RPC’s single biggest stockholder Profinda Holdings...

Business

SEC accepts compromise offer of Reynolds Phils

May 7, 2001 - 12:00am

The Securities and Exchange Commission (SEC) has accepted a settlement offer from aluminum maker Reynolds Philippines Corp. (RPC), paving the way for the dismissal of the stock manipulation charges filed against...

Business