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                    [ArticleID] => 98004
                    [Title] => Holiday Inn Manila has new foreign owner
                    [Summary] => From one foreign owner to another, a controlling block of listed stock Acesite (Phils.) Hotel Corp., which owns Holiday Inn Manila, has been sold for about P1.66 billion, documents furnished the Philippine Stock Exchange show.


Acesite president Francis Lam said South Port Development Ltd., a British Virgin Islands-registered firm which has experience in running leisure facilities in mainland China and Australia, has acquired in full Acesite Ltd., the parent firm of Acesite Phils. and likewise incorporated in the British Virgin Islands.


                    [DatePublished] => 2000-11-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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BASS HOTELS

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                    [ArticleID] => 98004
                    [Title] => Holiday Inn Manila has new foreign owner
                    [Summary] => From one foreign owner to another, a controlling block of listed stock Acesite (Phils.) Hotel Corp., which owns Holiday Inn Manila, has been sold for about P1.66 billion, documents furnished the Philippine Stock Exchange show.


Acesite president Francis Lam said South Port Development Ltd., a British Virgin Islands-registered firm which has experience in running leisure facilities in mainland China and Australia, has acquired in full Acesite Ltd., the parent firm of Acesite Phils. and likewise incorporated in the British Virgin Islands.


                    [DatePublished] => 2000-11-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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abtest

Holiday Inn Manila has new foreign owner

By Christina Mendez | November 22, 2000 - 12:00am

From one foreign owner to another, a controlling block of listed stock Acesite (Phils.) Hotel Corp., which owns Holiday Inn Manila, has been sold for about P1.66 billion, documents furnished the Philippine Stock...

Business