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                    [Title] => PNB to exercise put option in PAL
                    [Summary] => The Philippine National Bank (PNB) has decided to exercise its put option in Philippine Airlines (PAL) for which it expects to raise P254 million.


"We have sent our demand letter stating our position," PNB president Lorenzo V. Tan said. "The next step is to demand from its guarantors payment of P254 million.


                    [DatePublished] => 2002-06-26 00:00:00
                    [ColumnID] => 133272
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ASIA BREWERY CORP

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                    [Title] => PNB to exercise put option in PAL
                    [Summary] => The Philippine National Bank (PNB) has decided to exercise its put option in Philippine Airlines (PAL) for which it expects to raise P254 million.


"We have sent our demand letter stating our position," PNB president Lorenzo V. Tan said. "The next step is to demand from its guarantors payment of P254 million.


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abtest

PNB to exercise put option in PAL

June 26, 2002 - 12:00am

The Philippine National Bank (PNB) has decided to exercise its put option in Philippine Airlines (PAL) for which it expects to raise P254 million. "We have sent our demand letter stating our position,"...

Business