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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 372446 [Title] => First Gen backs out of Mirant bidding [Summary] => First Gen Corp., the power generation arm of the Lopez group, announced yesterday that it has dropped its bid for Mirant Philippines Corp.s assets.
In a disclosure to the Philippine Stock Exchange (PSE), First Gen vice president and compliance officer Victor B. Santos Jr. said "First Gen has advised Mirant Corp. that it will not participate in the bidding for the Mirant assets."
Santos said the company may want to concentrate on new projects and those assets being sold by the Power Sector Assets and Liabilities Management Corp. (PSALM).
[DatePublished] => 2006-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ANGAT AND AMBUKLAO
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 372446 [Title] => First Gen backs out of Mirant bidding [Summary] => First Gen Corp., the power generation arm of the Lopez group, announced yesterday that it has dropped its bid for Mirant Philippines Corp.s assets.
In a disclosure to the Philippine Stock Exchange (PSE), First Gen vice president and compliance officer Victor B. Santos Jr. said "First Gen has advised Mirant Corp. that it will not participate in the bidding for the Mirant assets."
Santos said the company may want to concentrate on new projects and those assets being sold by the Power Sector Assets and Liabilities Management Corp. (PSALM).
[DatePublished] => 2006-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Donnabelle L. Gatdula | November 30, 2006 - 12:00am
Recommended
The Insurance Commission has placed health maintenance organization Stotsenberg Healthcare Systems Inc.under conservatorship amid its inability to address requirements from the government.
1 day ago
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