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                    [ArticleID] => 371109
                    [Title] => Bankard raises capital to P2B
                    [Summary] => 



Bankard Inc., the credit card firm of the Yuchengco Group, has increased its authorized capital stock to P2 billion from P600 million.


In a disclosure to the Philippine Stock Exchange (PSE), Bankard management accounting officer Amalia V. Ongkeko said the capital hike was authorized by the company’s board yesterday.


Stock analysts have speculated that the capital increase may be designed to "prop up" its stock for another sale bid.


                    [DatePublished] => 2006-11-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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AMALIA V

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                    [ArticleID] => 371109
                    [Title] => Bankard raises capital to P2B
                    [Summary] => 



Bankard Inc., the credit card firm of the Yuchengco Group, has increased its authorized capital stock to P2 billion from P600 million.


In a disclosure to the Philippine Stock Exchange (PSE), Bankard management accounting officer Amalia V. Ongkeko said the capital hike was authorized by the company’s board yesterday.


Stock analysts have speculated that the capital increase may be designed to "prop up" its stock for another sale bid.


                    [DatePublished] => 2006-11-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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                    [SectionUrl] => business
                    [URL] => 
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Bankard raises capital to P2B

By Ted P. Torres | November 25, 2006 - 12:00am

Bankard Inc., the credit card firm of the Yuchengco Group, has increased its authorized capital stock to P2 billion from P600 million. In a disclosure to the Philippine Stock Exchange (PSE), Bankard management...

Business