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                    [ArticleID] => 100562
                    [Title] => Equitable-PCI plans to sell 20% stake to strategic partner
                    [Summary] => 

Equitable PCI Bank is willing to sell 20 to 30 percent of the bank to a
strategic partner through a private placement after its planned initial public
offering was postponed due to weak market performance in the past few
months.

"Long before, we are thinking of increasing our capital before the
deterioration of the stock market. Our plan is to go public. But prior to that
we are also looking at the possibility of private placement for strategic
investor.
                    [DatePublished] => 2000-04-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

SAVINGS BANK AND ECOLOGY BANK

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                    [ArticleID] => 100562
                    [Title] => Equitable-PCI plans to sell 20% stake to strategic partner
                    [Summary] => 

Equitable PCI Bank is willing to sell 20 to 30 percent of the bank to a
strategic partner through a private placement after its planned initial public
offering was postponed due to weak market performance in the past few
months.

"Long before, we are thinking of increasing our capital before the
deterioration of the stock market. Our plan is to go public. But prior to that
we are also looking at the possibility of private placement for strategic
investor.
                    [DatePublished] => 2000-04-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

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abtest

Equitable-PCI plans to sell 20% stake to strategic partner

By Donnabelle L. Gatdula | April 19, 2000 - 12:00am

Equitable PCI Bank is willing to sell 20 to 30 percent of the bank to a strategic partner through a private placement after its planned initial public offering was postponed due to weak market performance in...

Business