^
+ Follow EQUITIES CORP Tag
EQUITIES CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 927000
                    [Title] => LT Group to acquire 60% of PNB-Allied
                    [Summary] => 

Business tycoon Lucio Tan intends to acquire up to 60 percent of the capital stock of the merged Philippine National Bank and Allied Banking Corp., a disclosure to the Philippine Stock Exchange (PSE) said.

[DatePublished] => 2013-04-05 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 914690 [Title] => LT Group to invest P2.2 B in PNB-Allied [Summary] =>

LT Group Inc., the investment holding company of tycoon Lucio Tan, will invest more than P2.2 billion to acquire shares in the merged Philippine National Bank-Allied Banking Corp., a disclosure to the Philippine Stock Exchange (PSE) said.

[DatePublished] => 2013-03-02 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 912742 [Title] => LT Group consolidates ownership in merged PNB-Allied Bank [Summary] =>

LT Group Inc, the holding company for the various businesses of tycoon Lucio Tan, has strengthened anew its foothold on the merged Philippine National Bank-Allied Banking Corp. by acquiring indirect shares in Kenrock Holdings Corp.

[DatePublished] => 2013-02-25 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 358704 [Title] => Metro Alliance to rehabilitate polyethylene plant in Bataan [Summary] => Metro Alliance Holdings & Equities Corp., together with its foreign partner, NPC International of Iran, will spend a combined $20 million to re-commission a mothballed polyethylene plant in Mariveles, Bataan.

Metro Alliance chairman and president Renato Magadia said the estimated rehabilitation cost of the polyethylene plant is $80 to $85 million.

Metro Alliance, a company majority-owned by businessman William Gatchalian, will infuse $8 million while Iran’s NPC International will cover the remaining $12 million.
[DatePublished] => 2006-09-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 354109 [Title] => Metro Alliance sues German bank over $1.635-million deposit [Summary] => Publicly-listed Metro Alliance Holdings & Equities Corp. has filed a case against German bank WESTLB AG seeking the return of $1.635 million in deposits as partial payment for the purchase of the assets of Bataan Polyethylene Corp. (BPC).

In its complaint filed with a court in Singapore, Metro Alliance alleged that the bank failed to comply with the conditions stipulated under the agreement they entered into.
[DatePublished] => 2006-08-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 337675 [Title] => 17 listed firms get deadline to submit financial reports [Summary] => The Philippine Stock Exchange (PSE) has given 17 delinquent listed corporations until the end of the month to submit required financial reports to avoid the suspension of trading of their shares.

These firms failed to beat the May 2, 2006 deadline set for filing of required structured reports.

PSE president Francis Lim pointed out that the grace period shall be non-extendible, and would not affect the PSE’s earlier decision to impose fines on the affected companies.
[DatePublished] => 2006-05-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 337860 [Title] => 17 listed firms get deadline to submit financial reports [Summary] => The Philippine Stock Exchange (PSE) has given 17 delinquent listed corporations until the end of the month to submit required financial reports to avoid the suspension of trading of their shares.

These firms failed to beat the May 2, 2006 deadline set for filing of required structured reports.

PSE president Francis Lim pointed out that the grace period shall be non-extendible, and would not affect the PSE’s earlier decision to impose fines on the affected companies.
[DatePublished] => 2006-05-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [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 [URL] => ) [8] => Array ( [ArticleID] => 157182 [Title] => Tougher accounting rule affects stockholders’ meeting skeds [Summary] => The policy of the Securities and Exchange Commission (SEC) toward stricter accounting standards has impacted on the schedules of annual stockholders' meetings among listed companies.

Based on separate disclosure to the Philippine Stock Exchange, most of the firms cited their inability to furnish the audited financial statements in time for their yearly shareholders meetings, which have traditionally been scheduled on specific dates.
[DatePublished] => 2002-04-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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