^
+ Follow ASSET PURCHASE AGREEMENT Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 790790
                    [Title] => Salcon turns over Naga plants to gov't
                    [Summary] => 

The Salcon Power Corporation (SPC) formally turned over to the government-run Power Sector Assets and Liabilities Management Corp. (PSALM) the power plants at the Naga Power Plant Complex (NPPC) with yesterday's expiration of its contract to rehabilitate, operate, maintain, and manage the facility.

[DatePublished] => 2012-03-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1526426 [AuthorName] => Mitchelle L. Palaubsanon [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [1] => Array ( [ArticleID] => 509966 [Title] => Aboitiz Power pays full P12.12 billion for Tiwi-Makban [Summary] =>

Aboitiz Power Corp. (APC) paid in full yesterday the P12.12-billion acquisition cost for the Tiwi-Makban geothermal facilities, the Power Sector Assets and Liabilities Management Corp. (PSALM) said.

[DatePublished] => 2009-10-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 434369 [Title] => Winning Calaca power plant bidder backs out [Summary] =>

French power firm Suez Energy, the winning bidder of the 600-megawatt Calaca coal-fired power plant in Batangas, has decided to back out of the deal, the Power Sector Assets and Liabilities Management Corp. (PSALM) said yesterday.

[DatePublished] => 2009-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 430890 [Title] => PSALM awards Amlan power plant [Summary] =>

The Power Sector Assets and Liabilities Management Corp. (PSALM) has awarded the 0.8-megawatt (MW) Amlan hydroelectric power plant to Filipino firm ICS Renewables Inc.

[DatePublished] => 2009-01-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 338192 [Title] => 2 senators urge government to nullify YNN group’s bid for Masinloc [Summary] => Two senators have urged the  government to nullify the $11.2- million bond put up by Fil-Australian consortium YNN Pacific for failure to fulfill its contract commitments on the 600-megawatt Masinloc coal-fired power plant.
[DatePublished] => 2006-05-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 277881 [Title] => Briggs & Stratton to transfer part of China facility to RP [Summary] => Allied Motors Manufacturing Phils. Inc. (AMMPI), a Filipino owned company, has successfully convinced US firm Briggs & Stratton Corp. (B&S) to transfer its manufacturing facilities for B&S single cylinder gasoline engine from China to the Philippines, Trade and Industry Secretary Juan B. Santos announced over the weekend.

B&S is the world’s largest producer of air-cooled gasoline engine for outdoor power equipment.
[DatePublished] => 2005-05-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 265292 [Title] => GIHL completes P1-B downpayment to NSC [Summary] => Global Infrastructure Holdings Ltd. (GIHL) has remitted in full its P1-billion downpayment for National Steel Corp. (NSC), said Sushant Das, president of GIHL’s parent firm Global Steelworks International Inc. (GSII).

With the payment, Das said GIHL can now proceed with the acquisition of NSC, including the takeover of the plant’s assets and operations.
[DatePublished] => 2004-09-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 264719 [Title] => Closure of NSC sale to Global Ispat remains on hold [Summary] => The closure of the sale of National Steel Corp. (NSC) to Global Infrastructure Holdings Ltd. (GIHL) continues to be held up even as an Asset Purchase Agreement was finally signed last Friday, Sept. 10.

Two other agreements – the Omnibus Agreement and the Sharing Agreement have not been signed because of two other conditions that the creditor banks have to complete.
[DatePublished] => 2004-09-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ASSET PURCHASE AGREEMENT
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 790790
                    [Title] => Salcon turns over Naga plants to gov't
                    [Summary] => 

The Salcon Power Corporation (SPC) formally turned over to the government-run Power Sector Assets and Liabilities Management Corp. (PSALM) the power plants at the Naga Power Plant Complex (NPPC) with yesterday's expiration of its contract to rehabilitate, operate, maintain, and manage the facility.

[DatePublished] => 2012-03-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1526426 [AuthorName] => Mitchelle L. Palaubsanon [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [1] => Array ( [ArticleID] => 509966 [Title] => Aboitiz Power pays full P12.12 billion for Tiwi-Makban [Summary] =>

Aboitiz Power Corp. (APC) paid in full yesterday the P12.12-billion acquisition cost for the Tiwi-Makban geothermal facilities, the Power Sector Assets and Liabilities Management Corp. (PSALM) said.

[DatePublished] => 2009-10-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 434369 [Title] => Winning Calaca power plant bidder backs out [Summary] =>

French power firm Suez Energy, the winning bidder of the 600-megawatt Calaca coal-fired power plant in Batangas, has decided to back out of the deal, the Power Sector Assets and Liabilities Management Corp. (PSALM) said yesterday.

[DatePublished] => 2009-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 430890 [Title] => PSALM awards Amlan power plant [Summary] =>

The Power Sector Assets and Liabilities Management Corp. (PSALM) has awarded the 0.8-megawatt (MW) Amlan hydroelectric power plant to Filipino firm ICS Renewables Inc.

[DatePublished] => 2009-01-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 338192 [Title] => 2 senators urge government to nullify YNN group’s bid for Masinloc [Summary] => Two senators have urged the  government to nullify the $11.2- million bond put up by Fil-Australian consortium YNN Pacific for failure to fulfill its contract commitments on the 600-megawatt Masinloc coal-fired power plant.
[DatePublished] => 2006-05-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 277881 [Title] => Briggs & Stratton to transfer part of China facility to RP [Summary] => Allied Motors Manufacturing Phils. Inc. (AMMPI), a Filipino owned company, has successfully convinced US firm Briggs & Stratton Corp. (B&S) to transfer its manufacturing facilities for B&S single cylinder gasoline engine from China to the Philippines, Trade and Industry Secretary Juan B. Santos announced over the weekend.

B&S is the world’s largest producer of air-cooled gasoline engine for outdoor power equipment.
[DatePublished] => 2005-05-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 265292 [Title] => GIHL completes P1-B downpayment to NSC [Summary] => Global Infrastructure Holdings Ltd. (GIHL) has remitted in full its P1-billion downpayment for National Steel Corp. (NSC), said Sushant Das, president of GIHL’s parent firm Global Steelworks International Inc. (GSII).

With the payment, Das said GIHL can now proceed with the acquisition of NSC, including the takeover of the plant’s assets and operations.
[DatePublished] => 2004-09-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 264719 [Title] => Closure of NSC sale to Global Ispat remains on hold [Summary] => The closure of the sale of National Steel Corp. (NSC) to Global Infrastructure Holdings Ltd. (GIHL) continues to be held up even as an Asset Purchase Agreement was finally signed last Friday, Sept. 10.

Two other agreements – the Omnibus Agreement and the Sharing Agreement have not been signed because of two other conditions that the creditor banks have to complete.
[DatePublished] => 2004-09-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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