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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 357528 [Title] => Sy Group rules out 3-way merger among BDO, EPCIB, China Bank [Summary] => The Sy group said a three-way merger among Banco De Oro, Equitable PCI Bank and China Bank is unlikely at this point.
"Lets wait for the tender offer to be completed first. Hopefully, everything would be finished by the end of September or first week of October," said SM Investments Corp. (SMIC) vice chairman Tessie Sy when asked about the possibilities of a mega-merger between the three banks.
[DatePublished] => 2006-09-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 348660 [Title] => SEC okays dealership license for Pacific Plans [Summary] => The Securities and Exchange Commission approved late Thursday the issuance of a dealership license to Yuchengco-owned pre-need firm Pacific Plans Inc., allowing it to sell new plans to the public.
The approval of PPIs request for a dealership license was anchored on the pre-need firms full compliance with the requirements imposed by the SEC on liquidity, capitalization and the actuarial valuation report.
[DatePublished] => 2006-07-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 320609 [Title] => BDO-led consortium to lend P5B to P10B to Tanduay [Summary] => A consortium of banks led by Banco de Oro is set to lend between P5 billion to P10 billion to Tanduay Distillers Inc. for its expansion.
BDO has reportedly invited Rizal Commercial Banking Corp. (RCBC), Equitable-PCI Bank and China Bank to join the consortium.
The loan signing is scheduled for Friday, Feb. 10.
According to banking sources, the loan would be priced at 75 basis points over Mart 1.
Lucio Tan-owned TDI last year acquired control of two distilleries as part of its plans to increase its capacity.
[DatePublished] => 2006-02-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 98752 [Title] => Index soars 212 pts as investors expect Estrada to go [Summary] => The Philippine stock index surged to its biggest single day gain in history as bargain hunters loaded up on practically all issues, trading on high expectations of a long-awaited resolution to the political crisis that has pummeled the Estrada presidency.
[DatePublished] => 2000-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BANK AND CHINA BANK
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 357528 [Title] => Sy Group rules out 3-way merger among BDO, EPCIB, China Bank [Summary] => The Sy group said a three-way merger among Banco De Oro, Equitable PCI Bank and China Bank is unlikely at this point.
"Lets wait for the tender offer to be completed first. Hopefully, everything would be finished by the end of September or first week of October," said SM Investments Corp. (SMIC) vice chairman Tessie Sy when asked about the possibilities of a mega-merger between the three banks.
[DatePublished] => 2006-09-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 348660 [Title] => SEC okays dealership license for Pacific Plans [Summary] => The Securities and Exchange Commission approved late Thursday the issuance of a dealership license to Yuchengco-owned pre-need firm Pacific Plans Inc., allowing it to sell new plans to the public.
The approval of PPIs request for a dealership license was anchored on the pre-need firms full compliance with the requirements imposed by the SEC on liquidity, capitalization and the actuarial valuation report.
[DatePublished] => 2006-07-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 320609 [Title] => BDO-led consortium to lend P5B to P10B to Tanduay [Summary] => A consortium of banks led by Banco de Oro is set to lend between P5 billion to P10 billion to Tanduay Distillers Inc. for its expansion.
BDO has reportedly invited Rizal Commercial Banking Corp. (RCBC), Equitable-PCI Bank and China Bank to join the consortium.
The loan signing is scheduled for Friday, Feb. 10.
According to banking sources, the loan would be priced at 75 basis points over Mart 1.
Lucio Tan-owned TDI last year acquired control of two distilleries as part of its plans to increase its capacity.
[DatePublished] => 2006-02-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 98752 [Title] => Index soars 212 pts as investors expect Estrada to go [Summary] => The Philippine stock index surged to its biggest single day gain in history as bargain hunters loaded up on practically all issues, trading on high expectations of a long-awaited resolution to the political crisis that has pummeled the Estrada presidency.
[DatePublished] => 2000-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | September 11, 2006 - 12:00am
By Zinnia B. Dela Peña | July 22, 2006 - 12:00am
By Marianne V. Go | February 8, 2006 - 12:00am
By Christina Mendez | November 7, 2000 - 12:00am
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