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                    [ArticleID] => 206985
                    [Title] => Bitong group asks Sacobia Hills mgm’t to account for P900-M fund
                    [Summary] => Minority shareholders of Sacobia Hills Development Corp., led by businesswoman Nora Bitong, have asked the company’s management to account for the P900 million in funds raised from the pre-selling of golf and country club shares way back in 1997.


To ensure the protection of other minority shareholders of Sacobia and preserve whatever assets left of the company,  the group of Bitong has asked the Securities and Exchange Commission (SEC) to look into the alleged mishandling of funds by management, headed by Reynaldo G. David, Jaime Koa, Donald Dee and Jose E.B. Antonio.


                    [DatePublished] => 2003-05-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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AUGUSTO SAN PEDRO

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                    [ArticleID] => 206985
                    [Title] => Bitong group asks Sacobia Hills mgm’t to account for P900-M fund
                    [Summary] => Minority shareholders of Sacobia Hills Development Corp., led by businesswoman Nora Bitong, have asked the company’s management to account for the P900 million in funds raised from the pre-selling of golf and country club shares way back in 1997.


To ensure the protection of other minority shareholders of Sacobia and preserve whatever assets left of the company,  the group of Bitong has asked the Securities and Exchange Commission (SEC) to look into the alleged mishandling of funds by management, headed by Reynaldo G. David, Jaime Koa, Donald Dee and Jose E.B. Antonio.


                    [DatePublished] => 2003-05-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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abtest

Bitong group asks Sacobia Hills mgm’t to account for P900-M fund

By Zinnia B. Dela Peña | May 21, 2003 - 12:00am

Minority shareholders of Sacobia Hills Development Corp., led by businesswoman Nora Bitong, have asked the company’s management to account for the P900 million in funds raised from the pre-selling of golf and...

Business