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                    [Title] => Unitrust being readied for liquidation by PDIC
                    [Summary] => Unitrust Development Bank (Unitrust) is being readied for liquidation by the Philippine Deposit Insurance Corp (PDIC), closing the book on the bank that sank in 2002 after the take-over of controversial Japanese investor, Genta Ogami. 


PDIC president Ricardo Tan said over the weekend that Unitrust is about to be tabled for liquidation pending the final approval of the PDIC board of directors. 


                    [DatePublished] => 2004-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
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                    [ArticleID] => 136376
                    [Title] => BSP orders Unitrust to stop advertisements
                    [Summary] => The Bangko Sentral ng Pilipinas has ordered Unitrust Development Bank (Unitrust) to discontinue its newspaper advertisements announcing its intention to engage in businesses unrelated to its functions as a thrift bank.


At the same time, the BSP asked Unitrust to a meeting today to discuss certain issues raised by the central bank as well as the Ogami group’s business plans.


                    [DatePublished] => 2001-10-12 00:00:00
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                    [AuthorName] => Des  Ferriols
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                    [ArticleID] => 136169
                    [Title] => Japanese trader aquires Unitrust
                    [Summary] => Japanese businessman Genta Ogami has acquired Unitrust Development Bank in a bid to expand his presence in the country.


Banking sources said Ogami’s company, G. Universal Co. Ltd., led the acquisition of Unitrust, a thrift bank owned by former housing czar Jose Yulo Jr. and other businessmen associated with deposed President Joseph Estrada.


                    [DatePublished] => 2001-10-10 00:00:00
                    [ColumnID] => 133272
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GROUP MANAGEMENT CORP

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                    [ArticleID] => 252030
                    [Title] => Unitrust being readied for liquidation by PDIC
                    [Summary] => Unitrust Development Bank (Unitrust) is being readied for liquidation by the Philippine Deposit Insurance Corp (PDIC), closing the book on the bank that sank in 2002 after the take-over of controversial Japanese investor, Genta Ogami. 


PDIC president Ricardo Tan said over the weekend that Unitrust is about to be tabled for liquidation pending the final approval of the PDIC board of directors. 


                    [DatePublished] => 2004-05-31 00:00:00
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                    [ArticleID] => 136376
                    [Title] => BSP orders Unitrust to stop advertisements
                    [Summary] => The Bangko Sentral ng Pilipinas has ordered Unitrust Development Bank (Unitrust) to discontinue its newspaper advertisements announcing its intention to engage in businesses unrelated to its functions as a thrift bank.


At the same time, the BSP asked Unitrust to a meeting today to discuss certain issues raised by the central bank as well as the Ogami group’s business plans.


                    [DatePublished] => 2001-10-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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                (
                    [ArticleID] => 136169
                    [Title] => Japanese trader aquires Unitrust
                    [Summary] => Japanese businessman Genta Ogami has acquired Unitrust Development Bank in a bid to expand his presence in the country.


Banking sources said Ogami’s company, G. Universal Co. Ltd., led the acquisition of Unitrust, a thrift bank owned by former housing czar Jose Yulo Jr. and other businessmen associated with deposed President Joseph Estrada.


                    [DatePublished] => 2001-10-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
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abtest

Unitrust being readied for liquidation by PDIC

By Des Ferriols | May 31, 2004 - 12:00am

Unitrust Development Bank (Unitrust) is being readied for liquidation by the Philippine Deposit Insurance Corp (PDIC), closing the book on the bank that sank in 2002 after the take-over of controversial Japanese...

Business

BSP orders Unitrust to stop advertisements

By Des Ferriols | October 12, 2001 - 12:00am

The Bangko Sentral ng Pilipinas has ordered Unitrust Development Bank (Unitrust) to discontinue its newspaper advertisements announcing its intention to engage in businesses unrelated to its functions as a thrift...

Business

Japanese trader aquires Unitrust

By Des Ferriols | October 10, 2001 - 12:00am

Japanese businessman Genta Ogami has acquired Unitrust Development Bank in a bid to expand his presence in the country. Banking sources said Ogami’s company, G. Universal Co. Ltd., led the acquisition of Unitrust,...

Business