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                    [ArticleID] => 131283
                    [Title] => Malaysians agree to joint sale of NSC
                    [Summary] => The Malaysian owners of  the National Steel Corp. (NSC) have agreed to a possible joint sale of the  beleaguered steel firm, paving the way for the resolution of  the  firm’s financial woes.


Government sources  said Pengurasan Danaharta Nasional Bhd, Malaysia’s debt rehabilitation agency, has  agreed to a joint sale with Philippine creditors of NSC.


The sources said Danaharta is now willing to take a loss of its investments in the mothballed  steel firm.


Danaharta assumed the holdings of several Malaysian banks in NSC.


                    [DatePublished] => 2001-08-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
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HOTTICK INVESTMENTS CO

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                    [ArticleID] => 131283
                    [Title] => Malaysians agree to joint sale of NSC
                    [Summary] => The Malaysian owners of  the National Steel Corp. (NSC) have agreed to a possible joint sale of the  beleaguered steel firm, paving the way for the resolution of  the  firm’s financial woes.


Government sources  said Pengurasan Danaharta Nasional Bhd, Malaysia’s debt rehabilitation agency, has  agreed to a joint sale with Philippine creditors of NSC.


The sources said Danaharta is now willing to take a loss of its investments in the mothballed  steel firm.


Danaharta assumed the holdings of several Malaysian banks in NSC.


                    [DatePublished] => 2001-08-25 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Marianne V. Go
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abtest

Malaysians agree to joint sale of NSC

By Marianne V. Go | August 25, 2001 - 12:00am

The Malaysian owners of the National Steel Corp. (NSC) have agreed to a possible joint sale of the beleaguered steel firm, paving the way for the resolution of the firm’s financial woes. Government sources...

Business