+ Follow EXCHANGE PROPERTIES RESOURCES CORP Tag
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[ArticleID] => 153586
[Title] => Kuok Phils. seeks $62.5-M to refinance loans
[Summary] => Kuok Philippine Properties Inc. (KPPI), the Malaysian-based property and investment holding firm which owns and manages the Shangri-La Hotel chain, will secure a $62.5-million loan from Rhinestone Ltd. to "refinance its outstanding convertible bonds and bank loans," a company official told the Philippine Stock Exchange.
KPPI corporate secretary Federico Noel said the loan availment was approved by the companys board of directors last week. Rhinestone is a major foreign investor within the Kuok Group.
[DatePublished] => 2002-03-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
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[1] => Array
(
[ArticleID] => 141101
[Title] => Kuok Phils to dispose of shares in KPPI Land
[Summary] => Property holding and investment company Kuok Philippine Properties Inc. (KPPI) will dispose of its shareholdings and other interests in its 60-percent subsidiary KPPI Land Corp. in a move to generate funds for its debt reduction program.
In a letter to the Philippine Stock Exchange (PSE), KPPI corporate secretary Federico Noel said the board of directors has authorized the sale and/or transfer of the companys deposits and shareholders advances in KPPI Land under terms and conditions reasonable and in the best interest of the corporation.
[DatePublished] => 2001-11-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[AuthorName] =>
[SectionName] => Business
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EXCHANGE PROPERTIES RESOURCES CORP
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 153586
[Title] => Kuok Phils. seeks $62.5-M to refinance loans
[Summary] => Kuok Philippine Properties Inc. (KPPI), the Malaysian-based property and investment holding firm which owns and manages the Shangri-La Hotel chain, will secure a $62.5-million loan from Rhinestone Ltd. to "refinance its outstanding convertible bonds and bank loans," a company official told the Philippine Stock Exchange.
KPPI corporate secretary Federico Noel said the loan availment was approved by the companys board of directors last week. Rhinestone is a major foreign investor within the Kuok Group.
[DatePublished] => 2002-03-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 141101
[Title] => Kuok Phils to dispose of shares in KPPI Land
[Summary] => Property holding and investment company Kuok Philippine Properties Inc. (KPPI) will dispose of its shareholdings and other interests in its 60-percent subsidiary KPPI Land Corp. in a move to generate funds for its debt reduction program.
In a letter to the Philippine Stock Exchange (PSE), KPPI corporate secretary Federico Noel said the board of directors has authorized the sale and/or transfer of the companys deposits and shareholders advances in KPPI Land under terms and conditions reasonable and in the best interest of the corporation.
[DatePublished] => 2001-11-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
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)
abtest
November 23, 2001 - 12:00am