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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 164567 [Title] => Ongpin lambasts Coyiuto over claim of victory [Summary] => The group of former Trade Secretary Roberto Ongpin lashed back yesterday at stockbroker Robert Coyiuto Jr.s claim of victory in the court battle involving Itogon-Suyoc Mines Inc., pointing out such claims are premature at this stage and could at worst result in a contempt of court.
In a counter-statement, Ongpin said they have been assured by their legal counsel that Coyiutos petition "is totally out of order." We will vigorously oppose it," he added.
[DatePublished] => 2002-06-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 164461 [Title] => Coyiuto secures TRO vs Ongpin camp [Summary] => Philippine Stock Exchange (PSE) director Robert Coyiuto Jr. has gained the upper hand in his court battle against the incumbent PSE board and the group of businessman Roberto Ongpin as the Court of Appeals issued a temporary restraining order (TRO) on a questioned private placement.
[DatePublished] => 2002-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 159962 [Title] => Ongpin plan to file damage suit wont prosper Coyiuto [Summary] => Stockbroker Robert Coyiuto Jr. said yesterday the multi-million peso damage suit being contemplated by the group of businessman Roberto Ongpin will not prosper since he (Coyiuto) is "merely exercising a legitimate right and a sworn duty to uphold the rules of PSE as a stockholder and director."
In a statement, Coyiuto said that in filing the derivative suit last April 25 against Itogon-Suyoc Mines Inc. (ISMI), he was merely defending the existing listing rules of the Philippine Stock Exchange on pre-emptive rights of minority stockholders.
[DatePublished] => 2002-05-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 156134 [Title] => SEC okays changes in Itogon-Suyoc papers [Summary] => The Securities and Exchange Commission (SEC) has approved the changes in the incorporation papers of Itogon-Suyoc Mines Inc. (ISMI) to clear the way for the entry of Internet firm Philweb.com into the company and its subsequent shift into information technology.
The amendments to ISMIs articles of incorporation will cover:
1. The declassification of shares of stock (common A and B) into one class of common share;
2. The denial of the pre-emptive rights of ISMI stockholders; and
[DatePublished] => 2002-04-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 155435 [Title] => SEC rejects anew PSE appeal on ISMI-Philweb issue [Summary] => The Securities and Exchange Commission (SEC) has rejected anew the request of the Philippine Stock Exchange (PSE) to reconsider an earlier ruling that exempted third-liner stock Itogon-Suyoc Mines Inc. from a rights offering.
[DatePublished] => 2002-03-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ISMI
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 164567 [Title] => Ongpin lambasts Coyiuto over claim of victory [Summary] => The group of former Trade Secretary Roberto Ongpin lashed back yesterday at stockbroker Robert Coyiuto Jr.s claim of victory in the court battle involving Itogon-Suyoc Mines Inc., pointing out such claims are premature at this stage and could at worst result in a contempt of court.
In a counter-statement, Ongpin said they have been assured by their legal counsel that Coyiutos petition "is totally out of order." We will vigorously oppose it," he added.
[DatePublished] => 2002-06-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 164461 [Title] => Coyiuto secures TRO vs Ongpin camp [Summary] => Philippine Stock Exchange (PSE) director Robert Coyiuto Jr. has gained the upper hand in his court battle against the incumbent PSE board and the group of businessman Roberto Ongpin as the Court of Appeals issued a temporary restraining order (TRO) on a questioned private placement.
[DatePublished] => 2002-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 159962 [Title] => Ongpin plan to file damage suit wont prosper Coyiuto [Summary] => Stockbroker Robert Coyiuto Jr. said yesterday the multi-million peso damage suit being contemplated by the group of businessman Roberto Ongpin will not prosper since he (Coyiuto) is "merely exercising a legitimate right and a sworn duty to uphold the rules of PSE as a stockholder and director."
In a statement, Coyiuto said that in filing the derivative suit last April 25 against Itogon-Suyoc Mines Inc. (ISMI), he was merely defending the existing listing rules of the Philippine Stock Exchange on pre-emptive rights of minority stockholders.
[DatePublished] => 2002-05-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 156134 [Title] => SEC okays changes in Itogon-Suyoc papers [Summary] => The Securities and Exchange Commission (SEC) has approved the changes in the incorporation papers of Itogon-Suyoc Mines Inc. (ISMI) to clear the way for the entry of Internet firm Philweb.com into the company and its subsequent shift into information technology.
The amendments to ISMIs articles of incorporation will cover:
1. The declassification of shares of stock (common A and B) into one class of common share;
2. The denial of the pre-emptive rights of ISMI stockholders; and
[DatePublished] => 2002-04-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 155435 [Title] => SEC rejects anew PSE appeal on ISMI-Philweb issue [Summary] => The Securities and Exchange Commission (SEC) has rejected anew the request of the Philippine Stock Exchange (PSE) to reconsider an earlier ruling that exempted third-liner stock Itogon-Suyoc Mines Inc. from a rights offering.
[DatePublished] => 2002-03-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
June 14, 2002 - 12:00am
By Christina Mendez | June 13, 2002 - 12:00am
By Christina Mendez | May 7, 2002 - 12:00am
By Christina Mendez | April 5, 2002 - 12:00am
By Christina Mendez | March 28, 2002 - 12:00am
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