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                    [ArticleID] => 240499
                    [Title] => Crown Equities to sell controlling stake in Hopewell
                    [Summary] => Publicly-listed Crown Equities Inc. (CEI) is selling its controlling stake in subsidiary Hopewell Crown Infrastructure Inc. to Northeast Development & Acquisition Corp. (NDAC) at a still undisclosed price.


In a disclosure to the Philippine Stock Exchange, CEI said it has entered into a memorandum of agreement with NDAC and expects the deal to be concluded today (Feb. 27).  No other details were given by the company and CEI officials could not be contacted for comment as of presstime.


                    [DatePublished] => 2004-02-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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CITRA AND AYALA CORP

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                    [ArticleID] => 240499
                    [Title] => Crown Equities to sell controlling stake in Hopewell
                    [Summary] => Publicly-listed Crown Equities Inc. (CEI) is selling its controlling stake in subsidiary Hopewell Crown Infrastructure Inc. to Northeast Development & Acquisition Corp. (NDAC) at a still undisclosed price.


In a disclosure to the Philippine Stock Exchange, CEI said it has entered into a memorandum of agreement with NDAC and expects the deal to be concluded today (Feb. 27).  No other details were given by the company and CEI officials could not be contacted for comment as of presstime.


                    [DatePublished] => 2004-02-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [URL] => 
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abtest

Crown Equities to sell controlling stake in Hopewell

By Zinnia B. Dela Peña | February 27, 2004 - 12:00am

Publicly-listed Crown Equities Inc. (CEI) is selling its controlling stake in subsidiary Hopewell Crown Infrastructure Inc. to Northeast Development & Acquisition Corp. (NDAC) at a still undisclosed price. In...

Business