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                    [ArticleID] => 127961
                    [Title] => Chemphil plans sale of P200-M assets to pay loans
                    [Summary] => The Chemphil group of compaies plans to sell off some P200-million worth of real estate assets in a bid to raise capital mainly to settle its outstanding liabilities.


Based on financial statements submitted to the Securities and Exchange Commission (SEC), Chemphil (Chemical Industries of the Philippines Inc.) said it is pursuing new business activities as a long-term strategy but as a parent company, its immediate concern is to restructure the current liabilities to long term loans.


                    [DatePublished] => 2001-07-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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STEPHAN PHILS

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                    [ArticleID] => 127961
                    [Title] => Chemphil plans sale of P200-M assets to pay loans
                    [Summary] => The Chemphil group of compaies plans to sell off some P200-million worth of real estate assets in a bid to raise capital mainly to settle its outstanding liabilities.


Based on financial statements submitted to the Securities and Exchange Commission (SEC), Chemphil (Chemical Industries of the Philippines Inc.) said it is pursuing new business activities as a long-term strategy but as a parent company, its immediate concern is to restructure the current liabilities to long term loans.


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abtest

Chemphil plans sale of P200-M assets to pay loans

By Christina Mendez | July 26, 2001 - 12:00am

The Chemphil group of compaies plans to sell off some P200-million worth of real estate assets in a bid to raise capital mainly to settle its outstanding liabilities. Based on financial statements submitted to the...

Business