^
+ Follow DAVAO UNION Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 100370
                    [Title] => DTI may suspend incentives enjoyed by cement companies
                    [Summary] => 

The Department of Trade and Industry (DTI) is likely to suspend the incentives and privileges being enjoyed by cement companies that have failed to comply with repeated directives to disclose information on their production to justify the recent increases in cement prices.

A top DTI official told reporters that cement manufacturers registered with the Board of Investment (BOI) stand to lose their incentives under the Omnibus Investments Code if they continue to resist meeting the requirements of the DTI in connection with ongoing investigations on rising cement prices.

The o [DatePublished] => 2000-03-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 100734 [Title] => SEC okays 3-way merger of cement firms [Summary] =>

The three-way merger of the cement units affiliated with the Phinma Group of Companies was approved by the Securities and Exchange Commission last Tuesday, formally creating the country's biggest cement company with about 25 percent of total Philippines production capacity.

After the respective stockholders of Bacnotan Cement Corp., Davao Union Cement Corp. and Hi-Cement Corp. [DatePublished] => 2000-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 101459 [Title] => Royal Round buys 13.15% of Republic Cement through block sale atPSE [Summary] =>

Cement firm Royal Round Inc. (RRI) bought yesterday through a block sale, 13.15 percent of Republic Cement Inc. (Republic Cement) through Calumboyan Properties Inc., (CPI), an existing stockholder of Republic Cement, at P4.30 per share or a total of P943 million.

With the sale, RRI which previously acquired a 4.5-percent stake in RCI, now has a total of 17.6-percent stake, making it the third largest shareholder of the cement company, next to Blue Circle Philippines Inc. which has an existing stake of 28.20 percent and South Western Cement Ventures Inc. [DatePublished] => 2000-01-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

DAVAO UNION
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 100370
                    [Title] => DTI may suspend incentives enjoyed by cement companies
                    [Summary] => 

The Department of Trade and Industry (DTI) is likely to suspend the incentives and privileges being enjoyed by cement companies that have failed to comply with repeated directives to disclose information on their production to justify the recent increases in cement prices.

A top DTI official told reporters that cement manufacturers registered with the Board of Investment (BOI) stand to lose their incentives under the Omnibus Investments Code if they continue to resist meeting the requirements of the DTI in connection with ongoing investigations on rising cement prices.

The o [DatePublished] => 2000-03-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 100734 [Title] => SEC okays 3-way merger of cement firms [Summary] =>

The three-way merger of the cement units affiliated with the Phinma Group of Companies was approved by the Securities and Exchange Commission last Tuesday, formally creating the country's biggest cement company with about 25 percent of total Philippines production capacity.

After the respective stockholders of Bacnotan Cement Corp., Davao Union Cement Corp. and Hi-Cement Corp. [DatePublished] => 2000-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 101459 [Title] => Royal Round buys 13.15% of Republic Cement through block sale atPSE [Summary] =>

Cement firm Royal Round Inc. (RRI) bought yesterday through a block sale, 13.15 percent of Republic Cement Inc. (Republic Cement) through Calumboyan Properties Inc., (CPI), an existing stockholder of Republic Cement, at P4.30 per share or a total of P943 million.

With the sale, RRI which previously acquired a 4.5-percent stake in RCI, now has a total of 17.6-percent stake, making it the third largest shareholder of the cement company, next to Blue Circle Philippines Inc. which has an existing stake of 28.20 percent and South Western Cement Ventures Inc. [DatePublished] => 2000-01-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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