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                    [ArticleID] => 366112
                    [Title] => Geo Grace Resources plans to raise $10M
                    [Summary] => 



Geo Grace Resources Phils. Inc. (formerly Global Equities Inc.) plans to raise $10 million from the equities market or through an asset for share swap to fund proposed mining initiatives.


Geo Grace chairman Jerry Angping said the company is in talks with several foreign mining companies, which he refused to identify, for strategic partnerships.  Negotiations with these firms, he said, are expected to be completed in the next few months.


                    [DatePublished] => 2006-10-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 358524
                    [Title] => Global Equities shifts focus to mining under new management
                    [Summary] => Under a new management, listed investment holding company Global Equities Inc. (GEI) is joining the growing list of companies venturing into the mining industry, banking on the renewed interest in the country’s mineral resource exploration and development. 


In a disclosure to the Philippine Stock Exchange, GEI said its board approved late last week the change of the company’s corporate name to Geo Grace Resources Phils. Inc. to reflect the shift in its primary purpose to mining and exploration.


                    [DatePublished] => 2006-09-17 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [SectionUrl] => business
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                    [ArticleID] => 352786
                    [Title] => Market seen to remain in lethargic mode this week
                    [Summary] => 



With no positive catalyst in the near term, the stock market is expected to remain in a lethargic mode as the mixed corporate earnings results have dampened investors’ optimism.


"The local equities market is expected to remain in a corrective mode next week. Share prices should go on neutral with some minor losses brought about by profit taking," said AB Capital Securities’ research head Jovis Vistan.


                    [DatePublished] => 2006-08-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 290631
                    [Title] => Global Equities reports slight drop in first semester profit
                    [Summary] => Investment holding company Global Equities Inc. (GEI) reported a 4.24-percent drop in its first half net income this year to P51.71 million, from P54 million in the same period a year earlier.


                    [DatePublished] => 2005-08-09 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 255441
                    [Title] => Global Equities sets debt liquidation measures
                    [Summary] => Holding firm Global Equities Inc. (GEI) said it continues to work on the full liquidation of its debts in line with efforts to bring its stockholders equity back to positive levels.


                    [DatePublished] => 2004-06-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 224568
                    [Title] => 19 firms told to act on capital deficiency
                    [Summary] => The Philippine Stock Exchange (PSE) has ordered 19 publicly-listed corporations to submit, within two months, a plan on how they intend to bring their stockholders’ equity from negative to positive.  The PSE said the plan should detail the activities that listed companies will undertake, together with their corresponding timetable, to correct their capital deficiency.  


                    [DatePublished] => 2003-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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            [6] => Array
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                    [ArticleID] => 171741
                    [Title] => Global Equities eyes debt-asset swap
                    [Summary] => Listed manufacturing firm Global Equities Inc. (GEI) is negotiating with its creditor-banks for the restructuring of loans through debt-asset swap to reduce liabilities to a more manageable level and stay afloat.


Controlled by businesswoman Nora Bitong, GEI is into real estate development and the manufacture of personal, health and baby care products.


                    [DatePublished] => 2002-08-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
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GLOBAL EQUITIES INC

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                    [ArticleID] => 366112
                    [Title] => Geo Grace Resources plans to raise $10M
                    [Summary] => 



Geo Grace Resources Phils. Inc. (formerly Global Equities Inc.) plans to raise $10 million from the equities market or through an asset for share swap to fund proposed mining initiatives.


Geo Grace chairman Jerry Angping said the company is in talks with several foreign mining companies, which he refused to identify, for strategic partnerships.  Negotiations with these firms, he said, are expected to be completed in the next few months.


                    [DatePublished] => 2006-10-30 00:00:00
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                    [ArticleID] => 358524
                    [Title] => Global Equities shifts focus to mining under new management
                    [Summary] => Under a new management, listed investment holding company Global Equities Inc. (GEI) is joining the growing list of companies venturing into the mining industry, banking on the renewed interest in the country’s mineral resource exploration and development. 


In a disclosure to the Philippine Stock Exchange, GEI said its board approved late last week the change of the company’s corporate name to Geo Grace Resources Phils. Inc. to reflect the shift in its primary purpose to mining and exploration.


                    [DatePublished] => 2006-09-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 352786
                    [Title] => Market seen to remain in lethargic mode this week
                    [Summary] => 



With no positive catalyst in the near term, the stock market is expected to remain in a lethargic mode as the mixed corporate earnings results have dampened investors’ optimism.


"The local equities market is expected to remain in a corrective mode next week. Share prices should go on neutral with some minor losses brought about by profit taking," said AB Capital Securities’ research head Jovis Vistan.


                    [DatePublished] => 2006-08-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Zinnia B. Dela Peña
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                )

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                    [ArticleID] => 290631
                    [Title] => Global Equities reports slight drop in first semester profit
                    [Summary] => Investment holding company Global Equities Inc. (GEI) reported a 4.24-percent drop in its first half net income this year to P51.71 million, from P54 million in the same period a year earlier.


                    [DatePublished] => 2005-08-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 255441
                    [Title] => Global Equities sets debt liquidation measures
                    [Summary] => Holding firm Global Equities Inc. (GEI) said it continues to work on the full liquidation of its debts in line with efforts to bring its stockholders equity back to positive levels.


                    [DatePublished] => 2004-06-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 224568
                    [Title] => 19 firms told to act on capital deficiency
                    [Summary] => The Philippine Stock Exchange (PSE) has ordered 19 publicly-listed corporations to submit, within two months, a plan on how they intend to bring their stockholders’ equity from negative to positive.  The PSE said the plan should detail the activities that listed companies will undertake, together with their corresponding timetable, to correct their capital deficiency.  


                    [DatePublished] => 2003-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
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                    [ArticleID] => 171741
                    [Title] => Global Equities eyes debt-asset swap
                    [Summary] => Listed manufacturing firm Global Equities Inc. (GEI) is negotiating with its creditor-banks for the restructuring of loans through debt-asset swap to reduce liabilities to a more manageable level and stay afloat.


Controlled by businesswoman Nora Bitong, GEI is into real estate development and the manufacture of personal, health and baby care products.


                    [DatePublished] => 2002-08-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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)

abtest

Geo Grace Resources plans to raise $10M

By Zinnia B. Dela Peña | October 30, 2006 - 12:00am

Geo Grace Resources Phils. Inc. (formerly Global Equities Inc.) plans to raise $10 million from the equities market or through an asset for share swap to fund proposed mining initiatives. Geo Grace chairman...

Business

Global Equities shifts focus to mining under new management

By Zinnia B. Dela Peña | September 17, 2006 - 12:00am

Under a new management, listed investment holding company Global Equities Inc. (GEI) is joining the growing list of companies venturing into the mining industry, banking on the renewed interest in the country’s...

Business

Market seen to remain in lethargic mode this week

By Zinnia B. Dela Peña | August 14, 2006 - 12:00am

With no positive catalyst in the near term, the stock market is expected to remain in a lethargic mode as the mixed corporate earnings results have dampened investors’ optimism. "The local equities...

Business

Global Equities reports slight drop in first semester profit

By Zinnia B. Dela Peña | August 9, 2005 - 12:00am

Investment holding company Global Equities Inc. (GEI) reported a 4.24-percent drop in its first half net income this year to P51.71 million, from P54 million in the same period a year earlier.

Business

Global Equities sets debt liquidation measures

By Zinnia B. Dela Peña | June 27, 2004 - 12:00am

Holding firm Global Equities Inc. (GEI) said it continues to work on the full liquidation of its debts in line with efforts to bring its stockholders equity back to positive levels.

Business

19 firms told to act on capital deficiency

By Zinnia B. Dela Peña | October 18, 2003 - 12:00am

The Philippine Stock Exchange (PSE) has ordered 19 publicly-listed corporations to submit, within two months, a plan on how they intend to bring their stockholders’ equity from negative to positive. The PSE...

Business

Global Equities eyes debt-asset swap

By Zinnia B. Dela Peña | August 12, 2002 - 12:00am

Listed manufacturing firm Global Equities Inc. (GEI) is negotiating with its creditor-banks for the restructuring of loans through debt-asset swap to reduce liabilities to a more manageable level and stay afloat. Controlled...

Business