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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 95456 [Title] => RFM eyes sale of more assets to redeem maturing bonds [Summary] => Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds.
RFM chief financial officer Meldin Al Roy said that while they expect to realize $36 million in net proceeds from the sale of its two subsidiaries Consumer Savings Bank and the Nasdaq-listed PSi Technologies Holdings the amount is not enough to cover the redemption payments for the convertible bonds.
[DatePublished] => 2001-06-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Christina Mendez | June 12, 2001 - 12:00am
Recommended
Gilas Pilipinas boys continued free-falling in the FIBA U17 World Cup and dropped to their fifth straight loss in the tourney, this time at the hands of Argentina, 83-67, Friday night (Manila time) at the Ahmet Comert Sports Hall in Türkiye.
13 hours ago
Glittery Paris is within sight from where Gilas Pilipinas stands in the FIBA Olympic Qualifying Tournament in Riva, Latvia.Glittery Paris.
11 hours ago
The Paris Olympics loom ahead, and there is a discussion on which sports can inevitably make it into the Games.
11 hours ago
Gilas Pilipinas big man Kai Sotto is free from a rib fracture scare after getting hurt against Georgia in their FIBA Olympic Qualifying Tournament matchup Thursday, Philippines head coach Tim Cone bared.
20 hours ago
If you were to ask Gilas Pilipinas head coach Tim Cone, Justin Brownlee belongs in the NBA.
22 hours ago
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February 12, 2018
- 12:00 am
- 12:00 am
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