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                    [ArticleID] => 241895
                    [Title] => SC junks CyberBay appeal on PEA-Amari land reclamation proj
                    [Summary] => For the third time, the Supreme Court denied Cyber Bay Corp.’s  appeal to reverse a May 2003 order nullifying the company’s purchase from the government of 367.5 hectares of reclaimed and land in the Manila Bay area.


In a disclosure to the Philippine Stock Exchange, Cyber Bay said its management is now studying all options to protect the company’s rights, including claims for reimbursement from the Public Estates Authority (PEA).


                    [DatePublished] => 2004-03-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 229666
                    [Title] => Prime Orion to re-appeal SC final ruling
                    [Summary] => Prime Orion Philippines Inc. (POPI) said it will re-appeal the final ruling of the Supreme Court nullifying the joint venture agreement between the Public Estates Authority (PEA) and the Amari Coastal Bay Development Corp. to develop 153 hectares of land reclaimed from Manila Bay.


The SC declared as null and void the amended joint venture agreement (AJVA) of PEA and Amari, now known as Central Bay Development Corp., for alleged violation of the constitutional provision prohibiting private corporations to own land of  public domain without going through a public bidding.


                    [DatePublished] => 2003-11-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 197841
                    [Title] => Thai investors urge government to honor PEA-Amari contract
                    [Summary] => Two Thai investors said yesterday that all land reclamation and development in the country will be stifled if the Supreme Court does not reverse its July 9, 2002 decision declaring null and void the contract between the Public Estate Authority and the Amari Coastal Bay Development Corp., developer of the 750-hectare Manila bay reclamation project.


                    [DatePublished] => 2003-03-06 00:00:00
                    [ColumnID] => 133272
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                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 196837
                    [Title] => Thai investors seek P9-billion refund
                    [Summary] => Italian Development (BV) Co. Ltd. (Ital-Thai) and Centasia Group Ltd., two major foreign investors of the 750-hectare Manila Bay reclamation project developed by Amari Coastal Bay Development Corp. filed a motion yesterday for intervention seeking the reimbursement of expenses amounting to P9 billion.


                    [DatePublished] => 2003-02-26 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 169764
                    [Title] => Government seeks to clarify ruling on Amari deal
                    [Summary] => Government lawyers asked the Supreme Court yesterday to clarify its July 9 ruling invalidating a re-negotiated May 1999 land deal involving the sale of Public Estates Authority (PEA) of 157 hectares of reclaimed land along Roxas boulevard to Thai developer Amari Coastal Bay Development Corp.


Solicitor General Simeon Marcelo emphasized that the reclaimed lands in the Freedom Islands are all documented and considered "patrimonial properties" of the PEA which can be sold to "qualified private corporations."


                    [DatePublished] => 2002-07-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096652
                    [AuthorName] =>  Delon Porcalla
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
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FREEDOM ISLANDS

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                    [ArticleID] => 241895
                    [Title] => SC junks CyberBay appeal on PEA-Amari land reclamation proj
                    [Summary] => For the third time, the Supreme Court denied Cyber Bay Corp.’s  appeal to reverse a May 2003 order nullifying the company’s purchase from the government of 367.5 hectares of reclaimed and land in the Manila Bay area.


In a disclosure to the Philippine Stock Exchange, Cyber Bay said its management is now studying all options to protect the company’s rights, including claims for reimbursement from the Public Estates Authority (PEA).


                    [DatePublished] => 2004-03-09 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 229666
                    [Title] => Prime Orion to re-appeal SC final ruling
                    [Summary] => Prime Orion Philippines Inc. (POPI) said it will re-appeal the final ruling of the Supreme Court nullifying the joint venture agreement between the Public Estates Authority (PEA) and the Amari Coastal Bay Development Corp. to develop 153 hectares of land reclaimed from Manila Bay.


The SC declared as null and void the amended joint venture agreement (AJVA) of PEA and Amari, now known as Central Bay Development Corp., for alleged violation of the constitutional provision prohibiting private corporations to own land of  public domain without going through a public bidding.


                    [DatePublished] => 2003-11-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 197841
                    [Title] => Thai investors urge government to honor PEA-Amari contract
                    [Summary] => Two Thai investors said yesterday that all land reclamation and development in the country will be stifled if the Supreme Court does not reverse its July 9, 2002 decision declaring null and void the contract between the Public Estate Authority and the Amari Coastal Bay Development Corp., developer of the 750-hectare Manila bay reclamation project.


                    [DatePublished] => 2003-03-06 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 196837
                    [Title] => Thai investors seek P9-billion refund
                    [Summary] => Italian Development (BV) Co. Ltd. (Ital-Thai) and Centasia Group Ltd., two major foreign investors of the 750-hectare Manila Bay reclamation project developed by Amari Coastal Bay Development Corp. filed a motion yesterday for intervention seeking the reimbursement of expenses amounting to P9 billion.


                    [DatePublished] => 2003-02-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 169764
                    [Title] => Government seeks to clarify ruling on Amari deal
                    [Summary] => Government lawyers asked the Supreme Court yesterday to clarify its July 9 ruling invalidating a re-negotiated May 1999 land deal involving the sale of Public Estates Authority (PEA) of 157 hectares of reclaimed land along Roxas boulevard to Thai developer Amari Coastal Bay Development Corp.


Solicitor General Simeon Marcelo emphasized that the reclaimed lands in the Freedom Islands are all documented and considered "patrimonial properties" of the PEA which can be sold to "qualified private corporations."


                    [DatePublished] => 2002-07-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096652
                    [AuthorName] =>  Delon Porcalla
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

        )

)

abtest

SC junks CyberBay appeal on PEA-Amari land reclamation proj

By Zinnia B. Dela Peña | March 9, 2004 - 12:00am

For the third time, the Supreme Court denied Cyber Bay Corp.’s appeal to reverse a May 2003 order nullifying the company’s purchase from the government of 367.5 hectares of reclaimed and land in the Manila...

Business

Prime Orion to re-appeal SC final ruling

By Zinnia B. Dela Peña | November 29, 2003 - 12:00am

Prime Orion Philippines Inc. (POPI) said it will re-appeal the final ruling of the Supreme Court nullifying the joint venture agreement between the Public Estates Authority (PEA) and the Amari Coastal Bay Development...

Business

Thai investors urge government to honor PEA-Amari contract

March 6, 2003 - 12:00am

Two Thai investors said yesterday that all land reclamation and development in the country will be stifled if the Supreme Court does not reverse its July 9, 2002 decision declaring null and void the contract between...

Business

Thai investors seek P9-billion refund

February 26, 2003 - 12:00am

Italian Development (BV) Co. Ltd. (Ital-Thai) and Centasia Group Ltd., two major foreign investors of the 750-hectare Manila Bay reclamation project developed by Amari Coastal Bay Development Corp. filed a motion...

Business

Government seeks to clarify ruling on Amari deal

By Delon Porcalla | July 27, 2002 - 12:00am

Government lawyers asked the Supreme Court yesterday to clarify its July 9 ruling invalidating a re-negotiated May 1999 land deal involving the sale of Public Estates Authority (PEA) of 157 hectares of reclaimed...

Headlines