+ Follow FIRST LEPANTO-TAISHO INSURANCE CORP Tag
FIRST LEPANTO-TAISHO INSURANCE CORP
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[ArticleID] => 301398
[Title] => Pepsi growth slows with entry of cheaper priced cola drinks
[Summary] => Pepsi Cola Products Phils. Inc. is expecting a slowdown in volume growth due to the entry of low-priced cola products particularly in Metro Manila which heightened competition and cannibalized its market share.
The company is 22.16 percent owned by Prime Orion Properties Inc. (POPI), a listed investment holding company associated with the Guoco Group of Malaysia.
[DatePublished] => 2005-10-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 279153
[Title] => Prime Orion unit acquires Lepanto Ceramics loans
[Summary] => Prime Orion Philippines Inc. (POPI), an investment holding company associated with the Guoco Group of Malaysia, said one of its units acquired the loans extended by Hong Kong & Shanghai Banking Corp. to tilemaker Lepanto Ceramics Inc., an affiliate of POPI.
In a disclosure to the Philippine Stock Exchange, POPI said its indirect unit Orion Brands International Inc. (OBII) acquired the loans valued at $7.17 million and P15.97 million for a cash consideration of $1.6 million and P3.43 million, respectively.
[DatePublished] => 2005-05-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 241125
[Title] => Prime Orion Phils plans asset sale to pay P1.25-B loans
[Summary] => Prime Orion Philippines Inc. (POPI) expects to bring down its total outstanding loan obligations to P1.25 billion by the end of the year through the sale of certain assets or dacion-en-pago agreements.
In a disclosure to the Philippine Stock Exchange, POPI said negotiations are currently ongoing for the restructuring of the remaining balance of principal loans with a bank amounting to P1 billion.
POPI expects to conclude negotiations with the bank in one year.
[DatePublished] => 2004-03-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
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)
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