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                    [ArticleID] => 98022
                    [Title] => Government to retain control of PNCC after all
                    [Summary] => After its failed attempts to privatize the Philippine National Construction Corp. (PNCC), government has decided to retain control of the company and spin off its construction business to enable it to concentrate on its cash-rich tollway operations.


The Asset Privatization Trust (APT) said the government would pursue its original plan to rehabilitate PNCC, streamline its operations and sell off some assets to settle some of its debt.


                    [DatePublished] => 2000-11-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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INDUSTRIAL STEEL CORP

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                    [ArticleID] => 98022
                    [Title] => Government to retain control of PNCC after all
                    [Summary] => After its failed attempts to privatize the Philippine National Construction Corp. (PNCC), government has decided to retain control of the company and spin off its construction business to enable it to concentrate on its cash-rich tollway operations.


The Asset Privatization Trust (APT) said the government would pursue its original plan to rehabilitate PNCC, streamline its operations and sell off some assets to settle some of its debt.


                    [DatePublished] => 2000-11-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
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abtest

Government to retain control of PNCC after all

By Des Ferriols | November 24, 2000 - 12:00am

After its failed attempts to privatize the Philippine National Construction Corp. (PNCC), government has decided to retain control of the company and spin off its construction business to enable it to concentrate...

Business