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                    [ArticleID] => 371092
                    [Title] => Angping buys P50-M Philrealty shares from A Brown Co
                    [Summary] => 



A. Brown Co. Inc. has sold 77 million shares in Philippine Realty & Holdings Corp. to  stock broker Jerry Angping for about P50 million.


In a disclosure to the Philippine Stock Exchange (PSE), A. Brown said the shares were sold yesterday at 65 centavos each, a sharp discount to Philrealty’s  closing price of 84 centavos yesterday.   


Angping said he was representing a group of real estate developers and that the investment was not that significant.  He declined to name the parties behind the sale.


                    [DatePublished] => 2006-11-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 272134
                    [Title] => Philrealty to receive P800M from joint venture project with XCell
                    [Summary] => Philippine Realty & Holdings Corp. will receive around P800 million from its joint venture with Next Properties Philippines Inc. (now known as XCell Property Ventures Inc.), the company said in a disclosure to the Philippine Stock Exchange.


The joint venture involves the development of two residential buildings on Philrealty’s property at the Bonifacio Global City in Taguig.


Philrealty will also receive no more than P100 million as its share of the profits from the partnership. 


                    [DatePublished] => 2005-03-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 270685
                    [Title] => Philrealty, Next Properties sign deal for Ft Boni project
                    [Summary] => Philippine Realty & Holdings Corp. has signed an agreement with Next Properties Inc. to jointly develop two residential buildings at the Bonifacio Global City.


Next Properties is a real estate development firm reportedly controlled by International Container Terminal Services Inc. (ICTSI) chairman Enrique Razon.


Under the agreement, Philrealty will contribute two adjacent lots covering 4,423 square meters of land to the joint development project while Next Properties will be responsible for the construction of the two towers over a period of five to six years.


                    [DatePublished] => 2005-03-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 257117
                    [Title] => Metrobank appeals court-approved changes in Philrealty rehab plan
                    [Summary] => Banking giant Metropolitan Bank & Trust Co. has appealed the decision of the Quezon City Regional Trial Court approving changes in the rehabilitation plan of the debt-strapped Philippine Realty & Holdings Corp.


In a motion before the Court of Appeals, Metrobank said the lower court’s decision was contrary to the facts, law and jurisprudence.


                    [DatePublished] => 2004-07-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 254290
                    [Title] => QC RTC okays amended rehab plan of Philrealty
                    [Summary] => The Quezon City Regional Trial Court has approved the amended rehabilitation plan for cash-strapped Philippine Realty and Holdings Inc. as it found the company’s business still viable.


In an order issued yesterday, the court said Philrealty deserves a chance at rehabilitation in accordance with the amended plan, which calls for the settlement of bank loans through a combination of dacion-en-pago (payment-in-kind scheme) and debt restructuring.


                    [DatePublished] => 2004-06-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 252020
                    [Title] => Philrealty seeks court approval for its amended rehabilitation program
                    [Summary] => The rehabilitation receiver for Philippine Realty and Holdings Inc. has asked the Quezon City Regional Trial Court to approve the property developer’s amended recovery program, which calls for the settlement of P1.31 billion in secured debt through a dacion en pago (payment in kind) arrangement.


The amended rehab plan also calls for the restructuring of P890.6 million in secured debt over a period of 10 years, and the completion of the Skyline tower of Philrealty’s Andrea North Project in Quezon City, estimated to cost P1.18 billion.


                    [DatePublished] => 2004-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 226865
                    [Title] => Philrealty settles P329-M loan via dacion
                    [Summary] => Philippine Realty & Holdings Corp. has reached an agreement with two of its creditor-banks for the settlement of a P329-million loan  by way of a dacion-en-pago or payment in kind scheme.


In a disclosure to the Philippine Stock Exchange, Philrealty said the two banks have also agreed not to charge interest on the loans from the time Philrealty filed its petition for suspension of debt payments.


                    [DatePublished] => 2003-11-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 188440
                    [Title] => Philrealty gets court approval for suspension of debt payments
                    [Summary] => A week after disclosing plans to submit itself to a rehabilitation program, Philippine Realty & Holdings Corp. said yesterday the court has granted its petition for a suspension of debt payments, putting the company under the supervision of a court-appointed receiver.


Philrealty president Amador Bacani said their petition for a debt payment moratorium is the main component of their corporate rehabilitation program, which will be overseen by Ricardo Ysmael, the designated rehabilitation receiver.


                    [DatePublished] => 2002-12-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 188192
                    [Title] => PSE freezes trading of Philrealty shares
                    [Summary] => The Philippine Stock Exchange yesterday suspended indefinitely the trading of shares of cash-strapped real estate developer Philippine Realty and Holdings Corp. (Philrealty) in view of the company’s filing of a petition for rehabilitation and suspension of debt payments with the regular court.


Citing its listing rules, the PSE said the filing of proceedings for suspension of payments by a listed company shall merit an immediate suspension of trading of the firm’s security.


                    [DatePublished] => 2002-12-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 187709
                    [Title] => Philrealty to file for rehabilitation
                    [Summary] => Philippine Realty & Holdings Corp., a property development firm established in 1986 by a clan of the Ortigas family, is filing for rehabilitation after being saddled with losses since the slump of the local real estate industry in 1997.


In a special meeting last Wednesday, the board of directors unanimously approved a resolution earlier presented to stockholders authorizing the board, particularly its president Amador Bacani, to "exercise full power and authority to take or cause such action... to rehabilitate the corporation."


                    [DatePublished] => 2002-12-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

ALEXANDRA CONDOMINIUMS

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 371092
                    [Title] => Angping buys P50-M Philrealty shares from A Brown Co
                    [Summary] => 



A. Brown Co. Inc. has sold 77 million shares in Philippine Realty & Holdings Corp. to  stock broker Jerry Angping for about P50 million.


In a disclosure to the Philippine Stock Exchange (PSE), A. Brown said the shares were sold yesterday at 65 centavos each, a sharp discount to Philrealty’s  closing price of 84 centavos yesterday.   


Angping said he was representing a group of real estate developers and that the investment was not that significant.  He declined to name the parties behind the sale.


                    [DatePublished] => 2006-11-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 272134
                    [Title] => Philrealty to receive P800M from joint venture project with XCell
                    [Summary] => Philippine Realty & Holdings Corp. will receive around P800 million from its joint venture with Next Properties Philippines Inc. (now known as XCell Property Ventures Inc.), the company said in a disclosure to the Philippine Stock Exchange.


The joint venture involves the development of two residential buildings on Philrealty’s property at the Bonifacio Global City in Taguig.


Philrealty will also receive no more than P100 million as its share of the profits from the partnership. 


                    [DatePublished] => 2005-03-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 270685
                    [Title] => Philrealty, Next Properties sign deal for Ft Boni project
                    [Summary] => Philippine Realty & Holdings Corp. has signed an agreement with Next Properties Inc. to jointly develop two residential buildings at the Bonifacio Global City.


Next Properties is a real estate development firm reportedly controlled by International Container Terminal Services Inc. (ICTSI) chairman Enrique Razon.


Under the agreement, Philrealty will contribute two adjacent lots covering 4,423 square meters of land to the joint development project while Next Properties will be responsible for the construction of the two towers over a period of five to six years.


                    [DatePublished] => 2005-03-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 257117
                    [Title] => Metrobank appeals court-approved changes in Philrealty rehab plan
                    [Summary] => Banking giant Metropolitan Bank & Trust Co. has appealed the decision of the Quezon City Regional Trial Court approving changes in the rehabilitation plan of the debt-strapped Philippine Realty & Holdings Corp.


In a motion before the Court of Appeals, Metrobank said the lower court’s decision was contrary to the facts, law and jurisprudence.


                    [DatePublished] => 2004-07-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 254290
                    [Title] => QC RTC okays amended rehab plan of Philrealty
                    [Summary] => The Quezon City Regional Trial Court has approved the amended rehabilitation plan for cash-strapped Philippine Realty and Holdings Inc. as it found the company’s business still viable.


In an order issued yesterday, the court said Philrealty deserves a chance at rehabilitation in accordance with the amended plan, which calls for the settlement of bank loans through a combination of dacion-en-pago (payment-in-kind scheme) and debt restructuring.


                    [DatePublished] => 2004-06-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 252020
                    [Title] => Philrealty seeks court approval for its amended rehabilitation program
                    [Summary] => The rehabilitation receiver for Philippine Realty and Holdings Inc. has asked the Quezon City Regional Trial Court to approve the property developer’s amended recovery program, which calls for the settlement of P1.31 billion in secured debt through a dacion en pago (payment in kind) arrangement.


The amended rehab plan also calls for the restructuring of P890.6 million in secured debt over a period of 10 years, and the completion of the Skyline tower of Philrealty’s Andrea North Project in Quezon City, estimated to cost P1.18 billion.


                    [DatePublished] => 2004-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 226865
                    [Title] => Philrealty settles P329-M loan via dacion
                    [Summary] => Philippine Realty & Holdings Corp. has reached an agreement with two of its creditor-banks for the settlement of a P329-million loan  by way of a dacion-en-pago or payment in kind scheme.


In a disclosure to the Philippine Stock Exchange, Philrealty said the two banks have also agreed not to charge interest on the loans from the time Philrealty filed its petition for suspension of debt payments.


                    [DatePublished] => 2003-11-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 188440
                    [Title] => Philrealty gets court approval for suspension of debt payments
                    [Summary] => A week after disclosing plans to submit itself to a rehabilitation program, Philippine Realty & Holdings Corp. said yesterday the court has granted its petition for a suspension of debt payments, putting the company under the supervision of a court-appointed receiver.


Philrealty president Amador Bacani said their petition for a debt payment moratorium is the main component of their corporate rehabilitation program, which will be overseen by Ricardo Ysmael, the designated rehabilitation receiver.


                    [DatePublished] => 2002-12-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 188192
                    [Title] => PSE freezes trading of Philrealty shares
                    [Summary] => The Philippine Stock Exchange yesterday suspended indefinitely the trading of shares of cash-strapped real estate developer Philippine Realty and Holdings Corp. (Philrealty) in view of the company’s filing of a petition for rehabilitation and suspension of debt payments with the regular court.


Citing its listing rules, the PSE said the filing of proceedings for suspension of payments by a listed company shall merit an immediate suspension of trading of the firm’s security.


                    [DatePublished] => 2002-12-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 187709
                    [Title] => Philrealty to file for rehabilitation
                    [Summary] => Philippine Realty & Holdings Corp., a property development firm established in 1986 by a clan of the Ortigas family, is filing for rehabilitation after being saddled with losses since the slump of the local real estate industry in 1997.


In a special meeting last Wednesday, the board of directors unanimously approved a resolution earlier presented to stockholders authorizing the board, particularly its president Amador Bacani, to "exercise full power and authority to take or cause such action... to rehabilitate the corporation."


                    [DatePublished] => 2002-12-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Angping buys P50-M Philrealty shares from A Brown Co

By Zinnia B. Dela Peña | November 25, 2006 - 12:00am

A. Brown Co. Inc. has sold 77 million shares in Philippine Realty & Holdings Corp. to stock broker Jerry Angping for about P50 million. In a disclosure to the Philippine Stock Exchange (PSE), A. Brown...

Business

Philrealty to receive P800M from joint venture project with XCell

By Zinnia B. Dela Peña | March 31, 2005 - 12:00am

Philippine Realty & Holdings Corp. will receive around P800 million from its joint venture with Next Properties Philippines Inc. (now known as XCell Property Ventures Inc.), the company said in a disclosure to...

Business

Philrealty, Next Properties sign deal for Ft Boni project

By Zinnia B. Dela Peña | March 17, 2005 - 12:00am

Philippine Realty & Holdings Corp. has signed an agreement with Next Properties Inc. to jointly develop two residential buildings at the Bonifacio Global City. Next Properties is a real estate development firm...

Business

Metrobank appeals court-approved changes in Philrealty rehab plan

By Zinnia B. Dela Peña | July 11, 2004 - 12:00am

Banking giant Metropolitan Bank & Trust Co. has appealed the decision of the Quezon City Regional Trial Court approving changes in the rehabilitation plan of the debt-strapped Philippine Realty & Holdings...

Business

QC RTC okays amended rehab plan of Philrealty

By Zinnia B. Dela Peña | June 17, 2004 - 12:00am

The Quezon City Regional Trial Court has approved the amended rehabilitation plan for cash-strapped Philippine Realty and Holdings Inc. as it found the company’s business still viable. In an order issued yesterday,...

Business

Philrealty seeks court approval for its amended rehabilitation program

By Zinnia B. Dela Peña | May 31, 2004 - 12:00am

The rehabilitation receiver for Philippine Realty and Holdings Inc. has asked the Quezon City Regional Trial Court to approve the property developer’s amended recovery program, which calls for the settlement...

Business

Philrealty settles P329-M loan via dacion

By Zinnia B. Dela Peña | November 6, 2003 - 12:00am

Philippine Realty & Holdings Corp. has reached an agreement with two of its creditor-banks for the settlement of a P329-million loan by way of a dacion-en-pago or payment in kind scheme. In a disclosure to...

Business

Philrealty gets court approval for suspension of debt payments

By Christina Mendez | December 19, 2002 - 12:00am

A week after disclosing plans to submit itself to a rehabilitation program, Philippine Realty & Holdings Corp. said yesterday the court has granted its petition for a suspension of debt payments, putting the...

Business

PSE freezes trading of Philrealty shares

By Zinnia B. Dela Peña | December 17, 2002 - 12:00am

The Philippine Stock Exchange yesterday suspended indefinitely the trading of shares of cash-strapped real estate developer Philippine Realty and Holdings Corp. (Philrealty) in view of the company’s filing of...

Business

Philrealty to file for rehabilitation

By Christina Mendez | December 13, 2002 - 12:00am

Philippine Realty & Holdings Corp., a property development firm established in 1986 by a clan of the Ortigas family, is filing for rehabilitation after being saddled with losses since the slump of the local real...

Business