^
+ Follow ASB Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1492470
                    [Title] => Tsonga to headline ASB Classic
                    [Summary] => 

 The ASB Classic will be making history, and Philippine Maverick Jo-Wiflried Tsonga is among its bannermen.

[DatePublished] => 2015-08-26 23:09:30 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Sports [SectionUrl] => sports [URL] => http://media.philstar.com/images/the-philippine-star/sports/20150826/PS-Jo.jpg ) [1] => Array ( [ArticleID] => 285358 [Title] => SEC okays ASB Group-Sta Lucia joint venture [Summary] => The Securities and Exchange Commission (SEC) has approved the joint venture agreement between the ASB Group of Companies and Sta. Lucia Realty & Development Inc. for the development of a residential and commercial subdivision in a 55-hectare property in Batangas.
[DatePublished] => 2005-07-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 284333 [Title] => ASB Group seeks okay of joint venture with Sta Lucia [Summary] => The ASB Group of Companies has sought the approval of the Securities and Exchange Commission (SEC) of its joint venture agreement with Sta. Lucia Realty & Development Inc. with respect to the development of a residential and commercial subdivision.

The project will rise on a 55-hectare property in Batangas.
[DatePublished] => 2005-07-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 229081 [Title] => Dismissal of ASB receiver by SEC upheld by CA [Summary] => The Court of Appeals has upheld the ruling of the Securities and Exchange Commission, dismissing Fortunato Cruz as rehabilitation receiver for the debt-strapped ASB Group of Companies.

The Fifth Division of the Court of Appeals denied Cruz’s petition for certiorari to nullify the SEC order calling for his removal "for placing his personal interest over his fiduciary duties."

The appellate court also dissolved the writ of injunction issued on Sept. 4, 2003, which enjoined SEC from removing Cruz.
[DatePublished] => 2003-11-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 225926 [Title] => Direct new ASB receiver to begin work, SEC asked [Summary] => Former Securities and Exchange Commission (SEC) Chairman Perfecto Yasay Jr. urged yesterday the Securities and Exchange Commission (SEC) to ignore a court order and direct the new receiver of ASB Holdings to formally assume her duties, warning that failure to do so might be fatal to the company.

At the same time, Yasay scored the Court of Appeals (CA) for issuing last June 25 a "flawed" temporary restraining order (TRO) resulting in extreme prejudice to the distressed ASB.
[DatePublished] => 2003-10-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 224593 [Title] => There are at least two sides in an issue [Summary] => I personally know Mr. Fortunato B. Cruz, the SEC-appointed Rehabilitation Receiver for the ASB Group of Companies, whom the SEC tried to replace allegedly because "he placed his personal interest over fiduciary duties."
[DatePublished] => 2003-10-18 00:00:00 [ColumnID] => 133756 [Focus] => 0 [AuthorID] => 1805279 [AuthorName] => Rey Gamboa [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 219613 [Title] => CA stops SEC from removing ASB receiver [Summary] => The Court of Appeals has issued an injunction order preventing the Securities and Exchange Commission (SEC) from removing Fortunato Cruz as rehabilitation receiver for the debt-strapped ASB Group of Companies.

SEC Chairman Lilia R. Bautista, however, said the SEC will seek a reconsideration of the decision for the protection of ASB owners and creditors.
[DatePublished] => 2003-09-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 159606 [Title] => ASB inks pact with Malayan Insurance [Summary] => ASB Realty Corp. signed recently a memorandum of agreement (MOA) with Malayan Insurance Co., Inc. which will pave the way for the completion of ASB Malayan Tower now to be known as The Malayan Tower. The agreement also settles a portion of the obligation of ASB in favor of Rizal Commercial Banking corp. (RCBC). The MOA will be subjected to the approval of the Securities and Exchange Commission (SEC) and the Insurance Commission (IC).
[DatePublished] => 2002-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 141699 [Title] => ASB implements SEC-okayed rehab plan [Summary] => The ASB Group of Companies concluded agreements with three creditor banks to implement the rehabilitation plan earlier approved by the Securities and Exchange Commission.

Agreements have been concluded with Allied Bank, I Bank and DBS Philippines.

The ASB Group of Companies is currently negotiating with other creditor banks. The agreements are intended to achieve the business targets of the rehabilitation plan, including the completion of ongoing projects.
[DatePublished] => 2001-11-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 136794 [Title] => SEC gives ASB Group more time to pursue rehab program [Summary] => The Securities and Exchange Commission (SEC) has given the ASB Group of Companies more breathing space to pursue its rehabilitation program.

In an order released last week, the SEC hearing panel denied the petition of several ASB individual creditors to claim the P200-million proceeds of the sale of Development Bank of Singapore shares last June.
[DatePublished] => 2001-10-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ASB
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1492470
                    [Title] => Tsonga to headline ASB Classic
                    [Summary] => 

 The ASB Classic will be making history, and Philippine Maverick Jo-Wiflried Tsonga is among its bannermen.

[DatePublished] => 2015-08-26 23:09:30 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Sports [SectionUrl] => sports [URL] => http://media.philstar.com/images/the-philippine-star/sports/20150826/PS-Jo.jpg ) [1] => Array ( [ArticleID] => 285358 [Title] => SEC okays ASB Group-Sta Lucia joint venture [Summary] => The Securities and Exchange Commission (SEC) has approved the joint venture agreement between the ASB Group of Companies and Sta. Lucia Realty & Development Inc. for the development of a residential and commercial subdivision in a 55-hectare property in Batangas.
[DatePublished] => 2005-07-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 284333 [Title] => ASB Group seeks okay of joint venture with Sta Lucia [Summary] => The ASB Group of Companies has sought the approval of the Securities and Exchange Commission (SEC) of its joint venture agreement with Sta. Lucia Realty & Development Inc. with respect to the development of a residential and commercial subdivision.

The project will rise on a 55-hectare property in Batangas.
[DatePublished] => 2005-07-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 229081 [Title] => Dismissal of ASB receiver by SEC upheld by CA [Summary] => The Court of Appeals has upheld the ruling of the Securities and Exchange Commission, dismissing Fortunato Cruz as rehabilitation receiver for the debt-strapped ASB Group of Companies.

The Fifth Division of the Court of Appeals denied Cruz’s petition for certiorari to nullify the SEC order calling for his removal "for placing his personal interest over his fiduciary duties."

The appellate court also dissolved the writ of injunction issued on Sept. 4, 2003, which enjoined SEC from removing Cruz.
[DatePublished] => 2003-11-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 225926 [Title] => Direct new ASB receiver to begin work, SEC asked [Summary] => Former Securities and Exchange Commission (SEC) Chairman Perfecto Yasay Jr. urged yesterday the Securities and Exchange Commission (SEC) to ignore a court order and direct the new receiver of ASB Holdings to formally assume her duties, warning that failure to do so might be fatal to the company.

At the same time, Yasay scored the Court of Appeals (CA) for issuing last June 25 a "flawed" temporary restraining order (TRO) resulting in extreme prejudice to the distressed ASB.
[DatePublished] => 2003-10-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 224593 [Title] => There are at least two sides in an issue [Summary] => I personally know Mr. Fortunato B. Cruz, the SEC-appointed Rehabilitation Receiver for the ASB Group of Companies, whom the SEC tried to replace allegedly because "he placed his personal interest over fiduciary duties."
[DatePublished] => 2003-10-18 00:00:00 [ColumnID] => 133756 [Focus] => 0 [AuthorID] => 1805279 [AuthorName] => Rey Gamboa [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 219613 [Title] => CA stops SEC from removing ASB receiver [Summary] => The Court of Appeals has issued an injunction order preventing the Securities and Exchange Commission (SEC) from removing Fortunato Cruz as rehabilitation receiver for the debt-strapped ASB Group of Companies.

SEC Chairman Lilia R. Bautista, however, said the SEC will seek a reconsideration of the decision for the protection of ASB owners and creditors.
[DatePublished] => 2003-09-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 159606 [Title] => ASB inks pact with Malayan Insurance [Summary] => ASB Realty Corp. signed recently a memorandum of agreement (MOA) with Malayan Insurance Co., Inc. which will pave the way for the completion of ASB Malayan Tower now to be known as The Malayan Tower. The agreement also settles a portion of the obligation of ASB in favor of Rizal Commercial Banking corp. (RCBC). The MOA will be subjected to the approval of the Securities and Exchange Commission (SEC) and the Insurance Commission (IC).
[DatePublished] => 2002-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 141699 [Title] => ASB implements SEC-okayed rehab plan [Summary] => The ASB Group of Companies concluded agreements with three creditor banks to implement the rehabilitation plan earlier approved by the Securities and Exchange Commission.

Agreements have been concluded with Allied Bank, I Bank and DBS Philippines.

The ASB Group of Companies is currently negotiating with other creditor banks. The agreements are intended to achieve the business targets of the rehabilitation plan, including the completion of ongoing projects.
[DatePublished] => 2001-11-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 136794 [Title] => SEC gives ASB Group more time to pursue rehab program [Summary] => The Securities and Exchange Commission (SEC) has given the ASB Group of Companies more breathing space to pursue its rehabilitation program.

In an order released last week, the SEC hearing panel denied the petition of several ASB individual creditors to claim the P200-million proceeds of the sale of Development Bank of Singapore shares last June.
[DatePublished] => 2001-10-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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