^
+ Follow ALAKOR Tag
ALAKOR
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1300553
                    [Title] => Anglo to get P4.25-B fresh capital
                    [Summary] => 

The Ramos family’s investment firm Anglo Philippine Holdings Corp. is beefing up its capitalization as it prepares to pay debts and fund expansion programs.

[DatePublished] => 2014-03-14 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 414504 [Title] => Atlas gets new extension for $20-M bridge loan [Summary] =>

Atlas Consolidated Mining and Development Corp. has secured another extension for its $20-million bridge loan from fund manager Spinnaker Capital Group of London.

[DatePublished] => 2008-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 375095 [Title] => Carmen Copper secures BOI perks for Cebu mine project [Summary] => Atlas Consolidated Mining & Development Corp. (ACMDC) subsidiary Carmen Copper Corp. has been registered as a non-pioneer enterprise with the Board of Investments.

By virtue of its registration, CCC, as operator of the Toledo mining project in Cebu, shall enjoy fiscal incentives which include a four-year income tax holiday and duty-free importation of capital equipment.

ACMDC said CCC hopes to upgrade its registration to pioneer status in the near future.
[DatePublished] => 2006-12-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 235501 [Title] => Atlas Mining needs $75M to reopen Cebu copper mines [Summary] => Atlas Consolidated Mining and Development Corp. (ACMDC), once Asia’s biggest copper producer, needs $75 million (approximately P4.15 billion) to re-open its copper mine site in Toledo, Cebu.

In a disclosure to the Philippine Stock Exchange, ACMDC said it expects the Toledo mine to generate significant profits with the improvement in copper prices in the last six months.

The Toledo mine was closed down in 1994 due to the depressed prices of copper in the international market.
[DatePublished] => 2004-01-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 198775 [Title] => Atlas Mining retires P878-M debt through swap deal [Summary] => Atlas Consolidated Mining and Development Co. (ACMDC) has settled another P878.3 million in historic debts through a debt-to-equity swap with a group led by Alakor Corp., an investment and holding firm controlled by Alfredo Ramos of the National Bookstore chain.

In a disclosure to the Philippine Stock Exchange, ACMDC said the additional share issue was covered by the debt-to-equity agreement entered with Alakor in October 2000 and has been approved by the PSE and the Securities and Exchange Commission.
[DatePublished] => 2003-03-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 95274 [Title] => Alakor to take over Atlas copper mine in Cebu [Summary] => Atlas Consolidated Mining and Development Corp. and Alakor Corp., an investment and holding firm controlled by Alfredo Ramos of the National Bookstore chain, have finalized an agreement for the latter to take over the rehabilitation of ACMDC’s minesite in Cebu in exchange for assuming the payment of the mining firm’s P1.9-billion debt.
[DatePublished] => 2001-05-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 99387 [Title] => Alakor to take over Atlas copper mine in Cebu [Summary] => Atlas Consolidated Mining and Development Corp. and Alakor Corp., an investment and holding firm controlled by Alfredo Ramos of the National Bookstore chain, have finalized an agreement for the latter to take over the rehabilitation of ACMDC’s minesite in Cebu in exchange for assuming the payment of the mining firm’s P1.9-billion debt.
[DatePublished] => 2001-05-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98444 [Title] => ACMDC bares new partner for copper operations [Summary] => Mining firm Atlas Consolidated Mining and Development Corp. (ACMDC) has found a new partner for the rehabilitation of its Cebu copper mines in Alakor Corp., an investment and holding company controlled by Alfredo Ramos of the National Bookstore chain.

ACMDC corporate secretary Reginaldo Hernandez has informed the Philippine Stock Exchange of the company board’s decision to enter into a memorandum of agreement with Alakor to take over the rehabilitation and re-opening of the Toledo mines in Cebu, although details of the deal were not disclosed.
[DatePublished] => 2000-10-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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