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                    [Title] => Music Corp turns around operations of US-based unit
                    [Summary] => Technology holding stock Music Corp. has made a significant impact on the  operations of its US-based subsidiary Music Semiconductors Inc. (MSI) to  keep the latter’s court-supervised rehabilitation plans on track, a company  official told the Philippine Stock Exchange.


Music Corp. corporate secretary Jimmy Soo said since the parent firm took  over MSI’s operations in March 2002, "MSI has achieved an unbroken record of  profitability and positive cash flow."


                    [DatePublished] => 2003-02-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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                    [ArticleID] => 180581
                    [Title] => Music Corp aborts restructuring plan
                    [Summary] => Music Corp., a Philippine-listed investment holding firm, said it would not push through with the planned corporate restructuring program intended to consolidate its assets into a special purpose vehicle (SPV).


In a disclosure to the Philippine Stock Exchange, Music Corp. corporate secretary Jimmy Soo said the company’s board of directors has voted to abandon the restructuring plan, approved by the stockholders late last year, and instead continue in its efforts to tap strategic investments in upstart information technology ventures.


                    [DatePublished] => 2002-10-20 00:00:00
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                    [ArticleID] => 151512
                    [Title] => Music Corp. unit sells chip production line for $4.5-M
                    [Summary] => Silicon Valley-based Music Semiconductors Inc. (MSI), a 90-percent subsidiary of the Philippine-listed investment holding firm Music Corp., has sold for $4.5 million one of its specialized chip products to a major US competitor.


In a disclosure to the Philippine Stock Exchange, Music Corp. acting chairman Jimmy Soo said MSI and Micron Technology, an American semiconductor company, have agreed in principle to the sale of MSI’s ternary CAM (content addressable memory) intellectual property assets.


                    [DatePublished] => 2002-02-22 00:00:00
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                    [ArticleID] => 92700
                    [Title] => Music Corp. to disband US Internet subsidiary
                    [Summary] => Even before it could hit a high note, the music web portal subsidiary of publicly listed Internet company Music Corp. will be winding down its operations over the next three months.


In a disclosure to the Philippine Stock Exchange, Music Corp. corporate secretary and legal counsel Jimmy Soo said the company’s board of directors has resolved to underwrite the required financing of up to $300,000 to protect Music.com, a 19-percent subsidiary, from bankruptcy.


                    [DatePublished] => 2001-06-05 00:00:00
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                    [ArticleID] => 95395
                    [Title] => Music Corp. to disband US Internet subsidiary
                    [Summary] => Even before it could hit a high note, the music web portal subsidiary of publicly listed Internet company Music Corp. will be winding down its operations over the next three months.


In a disclosure to the Philippine Stock Exchange, Music Corp. corporate secretary and legal counsel Jimmy Soo said the company’s board of directors has resolved to underwrite the required financing of up to $300,000 to protect Music.com, a 19-percent subsidiary, from bankruptcy.


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JIMMY SOO

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                    [ArticleID] => 195568
                    [Title] => Music Corp turns around operations of US-based unit
                    [Summary] => Technology holding stock Music Corp. has made a significant impact on the  operations of its US-based subsidiary Music Semiconductors Inc. (MSI) to  keep the latter’s court-supervised rehabilitation plans on track, a company  official told the Philippine Stock Exchange.


Music Corp. corporate secretary Jimmy Soo said since the parent firm took  over MSI’s operations in March 2002, "MSI has achieved an unbroken record of  profitability and positive cash flow."


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                    [Title] => Music Corp aborts restructuring plan
                    [Summary] => Music Corp., a Philippine-listed investment holding firm, said it would not push through with the planned corporate restructuring program intended to consolidate its assets into a special purpose vehicle (SPV).


In a disclosure to the Philippine Stock Exchange, Music Corp. corporate secretary Jimmy Soo said the company’s board of directors has voted to abandon the restructuring plan, approved by the stockholders late last year, and instead continue in its efforts to tap strategic investments in upstart information technology ventures.


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                    [Title] => Music Corp. unit sells chip production line for $4.5-M
                    [Summary] => Silicon Valley-based Music Semiconductors Inc. (MSI), a 90-percent subsidiary of the Philippine-listed investment holding firm Music Corp., has sold for $4.5 million one of its specialized chip products to a major US competitor.


In a disclosure to the Philippine Stock Exchange, Music Corp. acting chairman Jimmy Soo said MSI and Micron Technology, an American semiconductor company, have agreed in principle to the sale of MSI’s ternary CAM (content addressable memory) intellectual property assets.


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                    [Title] => Music Corp. to disband US Internet subsidiary
                    [Summary] => Even before it could hit a high note, the music web portal subsidiary of publicly listed Internet company Music Corp. will be winding down its operations over the next three months.


In a disclosure to the Philippine Stock Exchange, Music Corp. corporate secretary and legal counsel Jimmy Soo said the company’s board of directors has resolved to underwrite the required financing of up to $300,000 to protect Music.com, a 19-percent subsidiary, from bankruptcy.


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                    [Title] => Music Corp. to disband US Internet subsidiary
                    [Summary] => Even before it could hit a high note, the music web portal subsidiary of publicly listed Internet company Music Corp. will be winding down its operations over the next three months.


In a disclosure to the Philippine Stock Exchange, Music Corp. corporate secretary and legal counsel Jimmy Soo said the company’s board of directors has resolved to underwrite the required financing of up to $300,000 to protect Music.com, a 19-percent subsidiary, from bankruptcy.


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abtest

Music Corp turns around operations of US-based unit

By Christina Mendez | February 16, 2003 - 12:00am

Technology holding stock Music Corp. has made a significant impact on the operations of its US-based subsidiary Music Semiconductors Inc. (MSI) to keep the latter’s court-supervised rehabilitation plans on...

Business

Music Corp aborts restructuring plan

October 20, 2002 - 12:00am

Music Corp., a Philippine-listed investment holding firm, said it would not push through with the planned corporate restructuring program intended to consolidate its assets into a special purpose vehicle (SPV). In...

Business

Music Corp. unit sells chip production line for $4.5-M

February 22, 2002 - 12:00am

Silicon Valley-based Music Semiconductors Inc. (MSI), a 90-percent subsidiary of the Philippine-listed investment holding firm Music Corp., has sold for $4.5 million one of its specialized chip products to a major...

Business

Music Corp. to disband US Internet subsidiary

June 5, 2001 - 12:00am

Even before it could hit a high note, the music web portal subsidiary of publicly listed Internet company Music Corp. will be winding down its operations over the next three months. In a disclosure to the Philippine...

Business

Music Corp. to disband US Internet subsidiary

June 5, 2001 - 12:00am

Even before it could hit a high note, the music web portal subsidiary of publicly listed Internet company Music Corp. will be winding down its operations over the next three months. In a disclosure to the Philippine...

Business