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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 290764 [Title] => US retail giant PriceSmart closes RP operations [Summary] => The US-based retailer PriceSmart will sell its Philippine operations ending months of bitter fighting with its local minority shareholders, the company said in a statement yesterday.
The Californian-based company which has four outlets in Manila said it was selling its 52-percent interest in PriceSmart Philippines to minority shareholder E-Class Corp. in exchange for the dismissal of all charges filed against the American warehousing giant and its officials.
According to the statement the sale is expected to be completed by Aug. 20, 2005.
[DatePublished] => 2005-08-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 272703 [Title] => PriceSmart execs pinasasagot sa P38.59M kasong estafa [Summary] => Inutusan ng Rizal Provincial Prosecutor ang limang opisyales na inilagay ng PriceSmart sa subsidiary nito, ang PSMT Philippines, na sagutin ang mga kasong estafa na kinapapalooban ng P38.59 milyon na isinampa laban sa kanila ng minority shareholders ng PSMT.
Ang halaga ay binubuo ng P30.15 milyong ilegal na stewardship fees na ibinayad sa PriceSmart noong 2003 at P8.44 milyon na hindi awtorisadong pagpapalabas ng pondo ng PSMT noong nakaraang taon.
[DatePublished] => 2005-04-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [2] => Array ( [ArticleID] => 271241 [Title] => PriceSmart sumaklolo sa paluging PSMT [Summary] => Napilitang saklolohan ng PriceSmart na nakabase sa Estados Unidos ang subsidiary nito sa Pilipinas, ang PSMT Philippines, sa pamamagitan ng pag-ako sa P572-milyong utang nito sa International Finance Corp. (IFC) dahil sa patuloy na paghina ng kakayahang pinansiyal ng PSMT.
Ang ginawang ito ng PriceSmart ay lalong nagpatibay sa hangarin ng mga minority stockholders ng PSMT na putulin ang kaugnayan sa kumpanyang Amerikano.
[DatePublished] => 2005-03-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [3] => Array ( [ArticleID] => 270865 [Title] => American trader ipapakalaboso ng kasosyong Pinoy [Summary] => Desidido ang mga Pilipinong kasosyo sa PSMT Philippines, ang local subsidiary ng higanteng PriceSmart ng Estados Unidos, na ipakulong ang Amerikanong presidente ng PSMT na si Benjamin Woods, at iba pang opisyal ng kumpanya dahil sa estafa at iba pang kasong kriminal.
"Dapat silang makulong upang magsilbing leksyon sa iba pang dayuhan na dumarating doon na kunwa ay maglulunsad ng lehitimong negosyo ngunit kapag nakapasok ay aabusuhin ang kanilang mga kasosyong Pilipino at ang kagandahang-loob ng pamahalaan," ayon kay William Go, isa sa mga minority stockholders ng PSMT. [DatePublished] => 2005-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) ) )
E-CLASS CORP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 290764 [Title] => US retail giant PriceSmart closes RP operations [Summary] => The US-based retailer PriceSmart will sell its Philippine operations ending months of bitter fighting with its local minority shareholders, the company said in a statement yesterday.
The Californian-based company which has four outlets in Manila said it was selling its 52-percent interest in PriceSmart Philippines to minority shareholder E-Class Corp. in exchange for the dismissal of all charges filed against the American warehousing giant and its officials.
According to the statement the sale is expected to be completed by Aug. 20, 2005.
[DatePublished] => 2005-08-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 272703 [Title] => PriceSmart execs pinasasagot sa P38.59M kasong estafa [Summary] => Inutusan ng Rizal Provincial Prosecutor ang limang opisyales na inilagay ng PriceSmart sa subsidiary nito, ang PSMT Philippines, na sagutin ang mga kasong estafa na kinapapalooban ng P38.59 milyon na isinampa laban sa kanila ng minority shareholders ng PSMT.
Ang halaga ay binubuo ng P30.15 milyong ilegal na stewardship fees na ibinayad sa PriceSmart noong 2003 at P8.44 milyon na hindi awtorisadong pagpapalabas ng pondo ng PSMT noong nakaraang taon.
[DatePublished] => 2005-04-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [2] => Array ( [ArticleID] => 271241 [Title] => PriceSmart sumaklolo sa paluging PSMT [Summary] => Napilitang saklolohan ng PriceSmart na nakabase sa Estados Unidos ang subsidiary nito sa Pilipinas, ang PSMT Philippines, sa pamamagitan ng pag-ako sa P572-milyong utang nito sa International Finance Corp. (IFC) dahil sa patuloy na paghina ng kakayahang pinansiyal ng PSMT.
Ang ginawang ito ng PriceSmart ay lalong nagpatibay sa hangarin ng mga minority stockholders ng PSMT na putulin ang kaugnayan sa kumpanyang Amerikano.
[DatePublished] => 2005-03-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [3] => Array ( [ArticleID] => 270865 [Title] => American trader ipapakalaboso ng kasosyong Pinoy [Summary] => Desidido ang mga Pilipinong kasosyo sa PSMT Philippines, ang local subsidiary ng higanteng PriceSmart ng Estados Unidos, na ipakulong ang Amerikanong presidente ng PSMT na si Benjamin Woods, at iba pang opisyal ng kumpanya dahil sa estafa at iba pang kasong kriminal.
"Dapat silang makulong upang magsilbing leksyon sa iba pang dayuhan na dumarating doon na kunwa ay maglulunsad ng lehitimong negosyo ngunit kapag nakapasok ay aabusuhin ang kanilang mga kasosyong Pilipino at ang kagandahang-loob ng pamahalaan," ayon kay William Go, isa sa mga minority stockholders ng PSMT. [DatePublished] => 2005-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) ) )
abtest
August 10, 2005 - 12:00am
April 4, 2005 - 12:00am
March 21, 2005 - 12:00am
March 18, 2005 - 12:00am
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