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                    [ArticleID] => 294117
                    [Title] => Smart mulls court action over ETPI shares sold to ISM
                    [Summary] => Smart Communications may go to court to assert its right of first refusal over shares in Eastern Telecommunications Phils. Inc. (ETPI) sold by Aerocom Investors and Managers to publicly listed ISM Communications. 


Aerocom disposed of its 17.7-percent stake in ETPI to ISM, a company identified with former Trade Minister Roberto Ongpin. 


                    [DatePublished] => 2005-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [ArticleID] => 293139
                    [Title] => ISM bucks Smart bid to stop sale of Aerocom stake in ETPI
                    [Summary] => Attempts by Smart Communications Inc. to stop the sale by Aerocom Investors and Managers of its 17.7-percent stake in Eastern Telecommunications Phils. Inc. (ETPI) to publicly listed ISM Communications Corp., met resistance from the latter which insists that Smart does not have a right of first refusal over the sale. 


"Smart does not have a right of first refusal over this transaction," ISM president Eric Recto told The STAR. 


                    [DatePublished] => 2005-08-24 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 286447
                    [Title] => Smart may go to court over ETPI shares
                    [Summary] => Smart Communications Inc. is planning to sue CPR Philippines for not honoring a 2001 agreement to purchase the former’s 9.8- percent equity interest in Eastern Telecommunications Phils. Inc. (ETPI).


One of CPR’s affiliate is AGN Philippines (AGNP), the local subsidiary of an Australian group which controls 40 percent of ETPI.


AGNP has been opposing the entry of ISM Communications, whose president and chairman is former Trade Minister Roberto Ongpin, into ETPI as well as the alleged conspiracy within the board to deliver control to Ongpin’s group.


                    [DatePublished] => 2005-07-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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            [3] => Array
                (
                    [ArticleID] => 96511
                    [Title] => Aussie group, local partners to buy 67.5% stake in ETPI
                    [Summary] => An Australian group and its Filipino partners are now close to finally acquiring a majority 67.5-percent stake in Eastern Telecommunications Phils. Inc. (ETPI).


AGN Philippines, Inc. (AGNP), a wholly owned subsidiary of Australian Gigahertz Network Pty Ptd., now owns 40 percent of ETPI after AGNP paid $20 million to Aerocom Investors and Managers, Inc. in exchange for the latter’s stake in the company.


                    [DatePublished] => 2001-03-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [SectionName] => Business
                    [SectionUrl] => business
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AEROCOM INVESTORS AND MANAGERS

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                    [ArticleID] => 294117
                    [Title] => Smart mulls court action over ETPI shares sold to ISM
                    [Summary] => Smart Communications may go to court to assert its right of first refusal over shares in Eastern Telecommunications Phils. Inc. (ETPI) sold by Aerocom Investors and Managers to publicly listed ISM Communications. 


Aerocom disposed of its 17.7-percent stake in ETPI to ISM, a company identified with former Trade Minister Roberto Ongpin. 


                    [DatePublished] => 2005-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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            [1] => Array
                (
                    [ArticleID] => 293139
                    [Title] => ISM bucks Smart bid to stop sale of Aerocom stake in ETPI
                    [Summary] => Attempts by Smart Communications Inc. to stop the sale by Aerocom Investors and Managers of its 17.7-percent stake in Eastern Telecommunications Phils. Inc. (ETPI) to publicly listed ISM Communications Corp., met resistance from the latter which insists that Smart does not have a right of first refusal over the sale. 


"Smart does not have a right of first refusal over this transaction," ISM president Eric Recto told The STAR. 


                    [DatePublished] => 2005-08-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 286447
                    [Title] => Smart may go to court over ETPI shares
                    [Summary] => Smart Communications Inc. is planning to sue CPR Philippines for not honoring a 2001 agreement to purchase the former’s 9.8- percent equity interest in Eastern Telecommunications Phils. Inc. (ETPI).


One of CPR’s affiliate is AGN Philippines (AGNP), the local subsidiary of an Australian group which controls 40 percent of ETPI.


AGNP has been opposing the entry of ISM Communications, whose president and chairman is former Trade Minister Roberto Ongpin, into ETPI as well as the alleged conspiracy within the board to deliver control to Ongpin’s group.


                    [DatePublished] => 2005-07-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 96511
                    [Title] => Aussie group, local partners to buy 67.5% stake in ETPI
                    [Summary] => An Australian group and its Filipino partners are now close to finally acquiring a majority 67.5-percent stake in Eastern Telecommunications Phils. Inc. (ETPI).


AGN Philippines, Inc. (AGNP), a wholly owned subsidiary of Australian Gigahertz Network Pty Ptd., now owns 40 percent of ETPI after AGNP paid $20 million to Aerocom Investors and Managers, Inc. in exchange for the latter’s stake in the company.


                    [DatePublished] => 2001-03-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Smart mulls court action over ETPI shares sold to ISM

August 30, 2005 - 12:00am

Smart Communications may go to court to assert its right of first refusal over shares in Eastern Telecommunications Phils. Inc. (ETPI) sold by Aerocom Investors and Managers to publicly listed ISM Communications....

Business

ISM bucks Smart bid to stop sale of Aerocom stake in ETPI

August 24, 2005 - 12:00am

Attempts by Smart Communications Inc. to stop the sale by Aerocom Investors and Managers of its 17.7-percent stake in Eastern Telecommunications Phils. Inc. (ETPI) to publicly listed ISM Communications Corp., met...

Business

Smart may go to court over ETPI shares

July 15, 2005 - 12:00am

Smart Communications Inc. is planning to sue CPR Philippines for not honoring a 2001 agreement to purchase the former’s 9.8- percent equity interest in Eastern Telecommunications Phils. Inc. (ETPI). One of...

Business

Aussie group, local partners to buy 67.5% stake in ETPI

March 24, 2001 - 12:00am

An Australian group and its Filipino partners are now close to finally acquiring a majority 67.5-percent stake in Eastern Telecommunications Phils. Inc. (ETPI). AGN Philippines, Inc. (AGNP), a wholly owned subsidiary...

Business