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                    [ArticleID] => 224568
                    [Title] => 19 firms told to act on capital deficiency
                    [Summary] => The Philippine Stock Exchange (PSE) has ordered 19 publicly-listed corporations to submit, within two months, a plan on how they intend to bring their stockholders’ equity from negative to positive.  The PSE said the plan should detail the activities that listed companies will undertake, together with their corresponding timetable, to correct their capital deficiency.  


                    [DatePublished] => 2003-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 195328
                    [Title] => Ebecom gets SEC nod to hike capital from P10-M to P400-M
                    [Summary] => Ebecom Holdings Inc. has obtained the approval of the  Securities and Exchange  Commission to increase its authorized capital to P400 million from only P10 million, thus paving the way for its planned stock rights offering.


The company intends to issue 97.5 million shares to its stockholders at P1 per share. All shareholders as of Sept. 18 can buy 11 shares for every one share held.


Asian Alliance Investment Corp. was tapped as lead underwriter for the issue.


                    [DatePublished] => 2003-02-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 174205
                    [Title] => Espiritu firm sets P93-M rights offer
                    [Summary] => Ebecom Holdings Inc., the investment holding company controlled by the group of former Finance Secretary Edgardo Espiritu, will undertake a rights offering to its stockholders to raise about P93.2 million mainly for the payment of its debts.
                    [DatePublished] => 2002-09-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 162515
                    [Title] => Phil. Racing Club sells majority stake to consortium for P600M
                    [Summary] => The publicly-listed Philippine Racing Club Inc. (PRCI), the operator of the Sta. Ana Race Park in Makati, has sold its majority interest in its wholly-owned subsidiary to a consortium of investors for P600 million.


PRCI corporate secretary Jesulito Manalo told the Philippine Stock Exchange that the company’s board has approved the sale of the controlling shares of Sta. Ana Park Square Holdings to Precision Holdings & Equities Corp., a group of local businessmen.


                    [DatePublished] => 2002-05-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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EBECOM HOLDINGS INC

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                    [ArticleID] => 224568
                    [Title] => 19 firms told to act on capital deficiency
                    [Summary] => The Philippine Stock Exchange (PSE) has ordered 19 publicly-listed corporations to submit, within two months, a plan on how they intend to bring their stockholders’ equity from negative to positive.  The PSE said the plan should detail the activities that listed companies will undertake, together with their corresponding timetable, to correct their capital deficiency.  


                    [DatePublished] => 2003-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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            [1] => Array
                (
                    [ArticleID] => 195328
                    [Title] => Ebecom gets SEC nod to hike capital from P10-M to P400-M
                    [Summary] => Ebecom Holdings Inc. has obtained the approval of the  Securities and Exchange  Commission to increase its authorized capital to P400 million from only P10 million, thus paving the way for its planned stock rights offering.


The company intends to issue 97.5 million shares to its stockholders at P1 per share. All shareholders as of Sept. 18 can buy 11 shares for every one share held.


Asian Alliance Investment Corp. was tapped as lead underwriter for the issue.


                    [DatePublished] => 2003-02-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 174205
                    [Title] => Espiritu firm sets P93-M rights offer
                    [Summary] => Ebecom Holdings Inc., the investment holding company controlled by the group of former Finance Secretary Edgardo Espiritu, will undertake a rights offering to its stockholders to raise about P93.2 million mainly for the payment of its debts.
                    [DatePublished] => 2002-09-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 162515
                    [Title] => Phil. Racing Club sells majority stake to consortium for P600M
                    [Summary] => The publicly-listed Philippine Racing Club Inc. (PRCI), the operator of the Sta. Ana Race Park in Makati, has sold its majority interest in its wholly-owned subsidiary to a consortium of investors for P600 million.


PRCI corporate secretary Jesulito Manalo told the Philippine Stock Exchange that the company’s board has approved the sale of the controlling shares of Sta. Ana Park Square Holdings to Precision Holdings & Equities Corp., a group of local businessmen.


                    [DatePublished] => 2002-05-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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abtest

19 firms told to act on capital deficiency

By Zinnia B. Dela Peña | October 18, 2003 - 12:00am

The Philippine Stock Exchange (PSE) has ordered 19 publicly-listed corporations to submit, within two months, a plan on how they intend to bring their stockholders’ equity from negative to positive. The PSE...

Business

Ebecom gets SEC nod to hike capital from P10-M to P400-M

By Zinnia B. Dela Peña | February 14, 2003 - 12:00am

Ebecom Holdings Inc. has obtained the approval of the Securities and Exchange Commission to increase its authorized capital to P400 million from only P10 million, thus paving the way for its planned stock rights...

Business

Espiritu firm sets P93-M rights offer

By Christina Mendez | September 1, 2002 - 12:00am

Ebecom Holdings Inc., the investment holding company controlled by the group of former Finance Secretary Edgardo Espiritu, will undertake a rights offering to its stockholders to raise about P93.2 million mainly...

Business

Phil. Racing Club sells majority stake to consortium for P600M

By Christina Mendez | May 28, 2002 - 12:00am

The publicly-listed Philippine Racing Club Inc. (PRCI), the operator of the Sta. Ana Race Park in Makati, has sold its majority interest in its wholly-owned subsidiary to a consortium of investors for P600 million. PRCI...

Business