BEYOND CABLE AND ROCKWELL LAND CORP

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                    [ArticleID] => 181379
                    [Title] => Benpres subsidiary hikes capital
                    [Summary] => The Securities and Exchange Commission has approved the increase in authorized capital stock of First Philippine Infrastructure Development Corp., from P1 billion to P2.5 billion. First Phil. Infrastructure is a 30-percent-subsidiary of Benpres Holdings Corp. 


Documents filed with the SEC showed the capital hike was intended to finance additional working capital requirements.


Organized in 1994, FPIDC operates an eight-kilometer tollroad that is envisioned to connect the Subic Bay freeport area to the North Luzon Expressway.


                    [DatePublished] => 2002-10-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Benpres subsidiary hikes capital

By Zinnia B. Dela Peña | October 26, 2002 - 12:00am

The Securities and Exchange Commission has approved the increase in authorized capital stock of First Philippine Infrastructure Development Corp., from P1 billion to P2.5 billion. First Phil. Infrastructure is a...

Business