^
+ Follow ANTONIO TAN CAKTIONG Tag
ANTONIO TAN CAKTIONG
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 234625
                    [Title] => Altered suits
                    [Summary] => Bank notes 1: When he lost about 40 pounds, Government Service Insurance System president Winston Garcia opted to have his suits altered – judging from their fall, not too successfully in some cases – rather than to buy new ones.


Money has not been, of course, a factor in that decision. After all, Mr. Garcia comes from a well-off family, his father being the third-term governor of Cebu.
[DatePublished] => 2004-01-10 00:00:00 [ColumnID] => 135040 [Focus] => 0 [AuthorID] => 1488513 [AuthorName] => Margaret Jao-Grey  [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 220728 [Title] => Court bars BSP, SEC actions on UOBP [Summary] => A local court has barred government regulators Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC) from acting on all corporate transactions of the United Overseas Bank of the Philippines (UOBP).

Judge Artemio Tipon of the Manila Regional Trial Court Branch 46 issued a writ of preliminary injunction restraining BSP Governor Rafael B. Buenaventura and SEC Chairperson Lilia Bautista from approving the application for increase of the authorized capital stock of UOBP, the local unit of the Singaporean bank.
[DatePublished] => 2003-09-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 210707 [Title] => Minority owners seek injunction vs UOBP [Summary] => The Farmix group, a minority bloc at the United Overseas Bank of the Philippines (UOBP), has filed a petition for a court injunction seeking to restrain the present board from holding office.
[DatePublished] => 2003-06-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 167992 [Title] => Minority group in UOBP splits from Espiritu-led faction [Summary] => The ownership dispute at the United Overseas Bank of the Philippines (UOBP) is not completely over yet even as the majority owners have reached a settlement with the Espiritu-led minority group.

Previous reports indicated that the United Overseas Bank Ltd. (UOBL) of Singapore, which controls over 60 percent equity in the bank, has settled its differences with the Westmont Investment Corp. (Wincorp.) led by Former Finance Secretary Edgardo Espiritu, the group represented by Jollibee Foods Corp. president Antonio Tan Caktiong, and the Farmix Fertilizers Corp. group.
[DatePublished] => 2002-07-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 167060 [Title] => Singaporeans buy out Espiritu group from United Overseas Bank for P1B [Summary] => The Singaporean owners of United Overseas Bank of the Philippines (UOBP) have reportedly bought out for P1 billion the minority group headed by the son of former Finance Secretary Edgardo Espiritu to finally put an end to a long-running dispute between the two groups.

Banking sources said the buyout was formalized in a memorandum of agreement signed early this week by the majority group headed by the United Overseas Bank Ltd. (UOBL) of Singapore and the Espiritu group. The agreement will give UOBL 100-percent ownership of UOBP, formerly known as Westmont Bank.
[DatePublished] => 2002-07-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 164679 [Title] => UOBP protagonists told to settle their differences [Summary] => Monetary authorities are urging the contending factions in the United Overseas Bank of the Philippines (UOBP) to find a win-win formula or face the risk of both losing the bank.

In a press briefing, Bangko Sentral ng Pilipinas (BSP) Governor Rafael B. Buenaventura said they are trying to get the two contending parties to sit down and talk rather than throw charges and counter-charges against each other.
[DatePublished] => 2002-06-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 162965 [Title] => UOB to appeal court order [Summary] => The United Overseas Bank of the Philippines (UOBP) said yesterday it will file an appeal seeking to reverse an injunction order issued recently by the Manila Regional Trial Court.

The court has ordered the UOBP, the United Overseas Bank Ltd. of Singapore (UOBL), and the minority group of UOBP led by the son of former finance secretary Edgardo Espiritu and Jolibee Food Corp. president Antonio Tan Caktiong, to refrain from participating in an arbitration hearing conducted by the Australian Commercial Disputes Center (ACDC) in Sydney, Australia.
[DatePublished] => 2002-06-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 162725 [Title] => Espiritu group talks to ‘white knight’ for UOB [Summary] => After getting an injunction from the Manila Regional Trial Court, the minority group of the United Overseas Bank of the Philippines (UOBP) said it is prepared to present a "white knight" that would help resurrect the bank, or take over the unfulfilled purchase agreement of the foreign partner. [DatePublished] => 2002-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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