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                    [Title] => Gov’t to get P29-B PTIC shares
                    [Summary] => The Sandiganbayan’s fourth division ordered yesterday the transfer of P29 billion worth of Philippine Telecommunications Investment Corp. (PTIC) shares to the government after the Supreme Court ruled that they "bear the character of ill-gotten wealth" accumulated either by the late strongman Ferdinand Marcos or the late businessman Ramon Cojuangco.


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                    [AuthorID] => 1097368
                    [AuthorName] =>  Mike Frialde
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                    [Title] => Yuchengco Group seeks ownership of PTIC stake
                    [Summary] => The Yuchengco Group has asked the Supreme Court to declare it as the owners of 31 percent of the Philippine Telecommunications Investment Corp. (PTIC), a company that owns 14 percent of the Philippine Long Distance Telephone Co. (PLDT).


The 31-percent stake in PTIC forms part of the 46-percent shareholding of Prime Holdings Inc. (PHI) in PTIC. This 46 percent, consisting of 111,415 shares in PTIC, was earlier ordered reconveyed by the Supreme Court in favor of the government. 


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ALFONSO YUCHENGCO AND Y REALTY CORP

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                    [Title] => Gov’t to get P29-B PTIC shares
                    [Summary] => The Sandiganbayan’s fourth division ordered yesterday the transfer of P29 billion worth of Philippine Telecommunications Investment Corp. (PTIC) shares to the government after the Supreme Court ruled that they "bear the character of ill-gotten wealth" accumulated either by the late strongman Ferdinand Marcos or the late businessman Ramon Cojuangco.


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                    [Title] => Yuchengco Group seeks ownership of PTIC stake
                    [Summary] => The Yuchengco Group has asked the Supreme Court to declare it as the owners of 31 percent of the Philippine Telecommunications Investment Corp. (PTIC), a company that owns 14 percent of the Philippine Long Distance Telephone Co. (PLDT).


The 31-percent stake in PTIC forms part of the 46-percent shareholding of Prime Holdings Inc. (PHI) in PTIC. This 46 percent, consisting of 111,415 shares in PTIC, was earlier ordered reconveyed by the Supreme Court in favor of the government. 


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abtest

Gov’t to get P29-B PTIC shares

By Mike Frialde | December 19, 2006 - 12:00am

The Sandiganbayan’s fourth division ordered yesterday the transfer of P29 billion worth of Philippine Telecommunications Investment Corp. (PTIC) shares to the government after the Supreme Court ruled that they...

Headlines

Yuchengco Group seeks ownership of PTIC stake

April 21, 2006 - 12:00am

The Yuchengco Group has asked the Supreme Court to declare it as the owners of 31 percent of the Philippine Telecommunications Investment Corp. (PTIC), a company that owns 14 percent of the Philippine Long Distance...

Business