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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 171741 [Title] => Global Equities eyes debt-asset swap [Summary] => Listed manufacturing firm Global Equities Inc. (GEI) is negotiating with its creditor-banks for the restructuring of loans through debt-asset swap to reduce liabilities to a more manageable level and stay afloat.
Controlled by businesswoman Nora Bitong, GEI is into real estate development and the manufacture of personal, health and baby care products.
[DatePublished] => 2002-08-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 132756 [Title] => Global Equities shelves IT conversion plan [Summary] => Global Equities Inc. (GEI) has put off a plan to convert itself into an information technology (IT) company following the scrapping of a share-swap deal with the STI group, a company official told the Philippine Stock Exchange.
GEI corporate information officer Arsenio Cabrera Jr. said company chairman Nora Bitong is prepared to recommend to the board of directors the scrapping of the quasi-reorganization.
"GEI instead will focus on its old economy assets and drop its earlier plans to convert GEI into an IT company," Cabrera said.
[DatePublished] => 2001-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ASSETS CORP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 171741 [Title] => Global Equities eyes debt-asset swap [Summary] => Listed manufacturing firm Global Equities Inc. (GEI) is negotiating with its creditor-banks for the restructuring of loans through debt-asset swap to reduce liabilities to a more manageable level and stay afloat.
Controlled by businesswoman Nora Bitong, GEI is into real estate development and the manufacture of personal, health and baby care products.
[DatePublished] => 2002-08-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 132756 [Title] => Global Equities shelves IT conversion plan [Summary] => Global Equities Inc. (GEI) has put off a plan to convert itself into an information technology (IT) company following the scrapping of a share-swap deal with the STI group, a company official told the Philippine Stock Exchange.
GEI corporate information officer Arsenio Cabrera Jr. said company chairman Nora Bitong is prepared to recommend to the board of directors the scrapping of the quasi-reorganization.
"GEI instead will focus on its old economy assets and drop its earlier plans to convert GEI into an IT company," Cabrera said.
[DatePublished] => 2001-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | August 12, 2002 - 12:00am
September 6, 2001 - 12:00am
Recommended
In its 5 p.m. advisory, state weather bureau PAGASA said Gener is forecast to continue moving westward with limited intensification within the forecast period.
14 hours ago
More areas in Northern Luzon are under Signal No. 1 after Tropical Depression Gener maintained its strength over the waters east of Cagayan Valley, PAGASA said on Monday, September 16
1 day ago
Tropical Cyclone Wind Signal (TCWS) No. 1 has been raised over several areas in Northern Luzon due to Tropical Depression “Gener,” state weather bureau PAGASA said on Monday, September 16.
1 day ago
The southwest monsoon, locally known as habagat, will also bring over rains across the country.
2 days ago
The Philippine Atmospheric, Geophysical and Astronomical Services Administration yesterday said it is monitoring at least two new low-pressure areas that may develop into typhoons.
2 days ago
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