^
+ Follow SYSMART Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 288804
                    [Title] => CA denies EPCIB bid for lifting of TRO on by-laws
                    [Summary] => The Court of Appeals has denied the motion for reconsideration filed by Equitable PCI Bank requesting the lifting of an order preventing the bank’s board from implementing any provision in its amended by-laws. 


In an order, CA Associate Justice Aurora Santiago-Lagman said: "We have carefully examined and considered the issues and arguments presented by the petitioner and in its comment/opposition thereto within five days from receipt of copy of this resolution."
[DatePublished] => 2005-07-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 286600 [Title] => SEC keeps hands-off policy on EPCI Bank treasury shares issue [Summary] => The Securities and Exchange Commission (SEC) has taken a hands-off policy with respect to the shares of EBC Investments Inc. in Equitable PCI Bank, saying such issue involves an intra-corporate dispute which is now under the jurisdiction of regular courts.

The SEC said it cannot issue any ruling on to the query posed by Transmiddle East Phils. Equities Inc., a shareholder of EPCI Bank, on how the 10-percent "treasury shares’ being held by EBC Investments shall be voted in the bank’s upcoming stockholders meeting on July 19.
[DatePublished] => 2005-07-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 286462 [Title] => CA upholds SEC order revoking EPCIBank’s by-laws amendments [Summary] => Dealing another setback to Equitable PCIBank, the Court of Appeals has issued an order preventing the bank’s board of directors from implementing any provision of the amended by-laws.

The order effectively upheld a Securities and Exchange Commission (SEC) order revoking EPCIBank’s amendments to its by-laws which prevented competitors from getting into the bank’s board of directors.

According to the SEC, the amended by-laws would disenfranchise the majority shareholders of the bank and deprive them of their right to participate in internal affairs.
[DatePublished] => 2005-07-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
SYSMART
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 288804
                    [Title] => CA denies EPCIB bid for lifting of TRO on by-laws
                    [Summary] => The Court of Appeals has denied the motion for reconsideration filed by Equitable PCI Bank requesting the lifting of an order preventing the bank’s board from implementing any provision in its amended by-laws. 


In an order, CA Associate Justice Aurora Santiago-Lagman said: "We have carefully examined and considered the issues and arguments presented by the petitioner and in its comment/opposition thereto within five days from receipt of copy of this resolution."
[DatePublished] => 2005-07-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 286600 [Title] => SEC keeps hands-off policy on EPCI Bank treasury shares issue [Summary] => The Securities and Exchange Commission (SEC) has taken a hands-off policy with respect to the shares of EBC Investments Inc. in Equitable PCI Bank, saying such issue involves an intra-corporate dispute which is now under the jurisdiction of regular courts.

The SEC said it cannot issue any ruling on to the query posed by Transmiddle East Phils. Equities Inc., a shareholder of EPCI Bank, on how the 10-percent "treasury shares’ being held by EBC Investments shall be voted in the bank’s upcoming stockholders meeting on July 19.
[DatePublished] => 2005-07-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 286462 [Title] => CA upholds SEC order revoking EPCIBank’s by-laws amendments [Summary] => Dealing another setback to Equitable PCIBank, the Court of Appeals has issued an order preventing the bank’s board of directors from implementing any provision of the amended by-laws.

The order effectively upheld a Securities and Exchange Commission (SEC) order revoking EPCIBank’s amendments to its by-laws which prevented competitors from getting into the bank’s board of directors.

According to the SEC, the amended by-laws would disenfranchise the majority shareholders of the bank and deprive them of their right to participate in internal affairs.
[DatePublished] => 2005-07-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with