+ Follow FORTUNE TOBACCO AND ASIA BREWERY Tag
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[ArticleID] => 15151
[Title] => PCGG shrugs off secret deal with Marcoses
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[DatePublished] => 2007-08-24 00:00:00
[ColumnID] => 133272
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[ArticleID] => 170379
[Title] => PAL questions valuation of shares
[Summary] => Philippine Airlines is questioning the price which the government financial institutions (GFIs) are asking PAL to pay for the shares which they have been trying to sell back to the airline company.
Calling the valuation "onerous," PAL said it is willing to settle the claim of the GFIs if the valuation is reviewed and possibly scaled down.
The GFIs have sent two demand letters asking for the settlement of the put option where PAL agreed to buy back government’s share for P5 each.
[DatePublished] => 2002-08-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[ArticleID] => 162026
[Title] => GSIS nixes PAL bid to defer put option by five years
[Summary] => The Government Service Insurance System (GSIS) has rejected the request of the Philippine Airlines (PAL) to postpone by another five years the implementation of its put option agreement.
The GSIS said it will give PAL up to July to implement the agreement. "If they do not we will be forced to go court," said GSIS president and general manager Winston Garcia during a press briefing.
[DatePublished] => 2002-05-24 00:00:00
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[ArticleID] => 159359
[Title] => Government, 4 GFIs to exercise put option on PAL
[Summary] => The National Government and four government financial institutions are preparing to serve demand letters to Philippine Airlines (PAL) in exercise of their "put option" that would require beer and tobacco magnate Lucio Tan to come up with P2 billion to buy the shares held by the government.
Industry sources revealed that the NG and the GFIs were preparing to serve the demand letters through the Office of Solicitor General before the deadline expires on May 6, 2002.
[DatePublished] => 2002-05-02 00:00:00
[ColumnID] => 133272
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FORTUNE TOBACCO AND ASIA BREWERY
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[Title] => PCGG shrugs off secret deal with Marcoses
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[DatePublished] => 2007-08-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
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[ArticleID] => 170379
[Title] => PAL questions valuation of shares
[Summary] => Philippine Airlines is questioning the price which the government financial institutions (GFIs) are asking PAL to pay for the shares which they have been trying to sell back to the airline company.
Calling the valuation "onerous," PAL said it is willing to settle the claim of the GFIs if the valuation is reviewed and possibly scaled down.
The GFIs have sent two demand letters asking for the settlement of the put option where PAL agreed to buy back government’s share for P5 each.
[DatePublished] => 2002-08-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 162026
[Title] => GSIS nixes PAL bid to defer put option by five years
[Summary] => The Government Service Insurance System (GSIS) has rejected the request of the Philippine Airlines (PAL) to postpone by another five years the implementation of its put option agreement.
The GSIS said it will give PAL up to July to implement the agreement. "If they do not we will be forced to go court," said GSIS president and general manager Winston Garcia during a press briefing.
[DatePublished] => 2002-05-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
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[ArticleID] => 159359
[Title] => Government, 4 GFIs to exercise put option on PAL
[Summary] => The National Government and four government financial institutions are preparing to serve demand letters to Philippine Airlines (PAL) in exercise of their "put option" that would require beer and tobacco magnate Lucio Tan to come up with P2 billion to buy the shares held by the government.
Industry sources revealed that the NG and the GFIs were preparing to serve the demand letters through the Office of Solicitor General before the deadline expires on May 6, 2002.
[DatePublished] => 2002-05-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
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abtest
August 24, 2007 - 12:00am
