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                    [Title] => JG Summit okays plan for petrochem unit
                    [Summary] => JG Summit Holdings Corp. has approved the quasi-reorganization plan of its 80-percent subsidiary JG Summit Petrochemical Corp. (JGSPC), a company official told the Philippine Stock Exchange. 


JG Summit corporate secretary Emmanuel Rojas said management has started the implementation of the quasi-reorganization, a vital component of which is the debt-to-equity conversion for a $100-million loan extended to JGSPC by its parent firm. 


                    [DatePublished] => 2003-04-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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EMMANUEL ROJAS

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                    [Title] => JG Summit okays plan for petrochem unit
                    [Summary] => JG Summit Holdings Corp. has approved the quasi-reorganization plan of its 80-percent subsidiary JG Summit Petrochemical Corp. (JGSPC), a company official told the Philippine Stock Exchange. 


JG Summit corporate secretary Emmanuel Rojas said management has started the implementation of the quasi-reorganization, a vital component of which is the debt-to-equity conversion for a $100-million loan extended to JGSPC by its parent firm. 


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abtest

JG Summit okays plan for petrochem unit

By Christina Mendez | April 10, 2003 - 12:00am

JG Summit Holdings Corp. has approved the quasi-reorganization plan of its 80-percent subsidiary JG Summit Petrochemical Corp. (JGSPC), a company official told the Philippine Stock Exchange. JG Summit corporate...

Business