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                    [ArticleID] => 197989
                    [Title] => Saturn Holdings gets exemption from tender offer rule
                    [Summary] => The Securities and Exchange Commission (SEC) has ruled that the recent purchase by Saturn Holdings Inc. of a 94-percent stake in Balabac Resources & Holdings Co. Inc. is not covered by the agency’s tender offer requirements.


The SEC cited Section 19 of the Securities Regulation Code as reason for its decision to exempt the acquisition by Saturn of a controlling stake in Balabac from the requirements of a mandatory tender offer under the Securities Regulation Code.


                    [DatePublished] => 2003-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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AYALA ALABANG CONSTRUCTION

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                    [ArticleID] => 197989
                    [Title] => Saturn Holdings gets exemption from tender offer rule
                    [Summary] => The Securities and Exchange Commission (SEC) has ruled that the recent purchase by Saturn Holdings Inc. of a 94-percent stake in Balabac Resources & Holdings Co. Inc. is not covered by the agency’s tender offer requirements.


The SEC cited Section 19 of the Securities Regulation Code as reason for its decision to exempt the acquisition by Saturn of a controlling stake in Balabac from the requirements of a mandatory tender offer under the Securities Regulation Code.


                    [DatePublished] => 2003-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Saturn Holdings gets exemption from tender offer rule

March 7, 2003 - 12:00am

The Securities and Exchange Commission (SEC) has ruled that the recent purchase by Saturn Holdings Inc. of a 94-percent stake in Balabac Resources & Holdings Co. Inc. is not covered by the agency’s tender...

Business