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                    [Title] => Mimosa Leisure Estate Bidding: CDC withdraws award to Fil-Korean venture
                    [Summary] => CLARK FIELD, Pampanga — The Clark Development Corp. (CDC) withdrew yesterday the award it gave to a Korean-Filipino venture for the operation and management of the sprawling Mimosa leisure estate here after the company allegedly failed to comply with some requirements that were agreed upon.


"The CDC board has decided to revoke the award to NTM Jin Hung joint venture of South Korea and consider the Mimosa bidding a failure," CDC president and chief executive officer Antonio Ng said.


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                    [Title] => Mimosa Leisure Estate Bidding: CDC withdraws award to Fil-Korean venture
                    [Summary] => CLARK FIELD, Pampanga — The Clark Development Corp. (CDC) withdrew yesterday the award it gave to a Korean-Filipino venture for the operation and management of the sprawling Mimosa leisure estate here after the company allegedly failed to comply with some requirements that were agreed upon.


"The CDC board has decided to revoke the award to NTM Jin Hung joint venture of South Korea and consider the Mimosa bidding a failure," CDC president and chief executive officer Antonio Ng said.


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                    [ArticleID] => 342326
                    [Title] => Mimosa bidding aboveboard, CDC asserts
                    [Summary] => CLARK FIELD, Pampanga — Officials of the Clark Development Corp. (CDC) met here the other day with their critics to assert that the awarding of the Mimosa leisure estate to a Korean-Filipino joint venture was aboveboard.


This, after Angeles City Mayor Carmelo Lazatin and Mabalacat Mayor Marino Morales alleged lack of transparency in the bidding won by the Korean-Filipino NTM Jin Hung Corp., which offered a minimum bid of P1.65 billion.


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                    [ArticleID] => 341794
                    [Title] => Controversy hounds Mimosa award to Korean company
                    [Summary] => CLARK FIELD, Pampanga — Officials of the Clark Development Corp. (CDC) said the government stands to immediately earn at least P650 million in the full privatization of the sprawling Mimosa Leisure Estate here amid allegations of irregularities when it was awarded to a Korean company recently.


CDC president Antonio Ng said the winning bidder for Mimosa will pay the CDC P500 million in cash, and P150 million more for the Bureau of Internal Revenue and the Philippine Gaming and Amusement Corp. (Pagcor).


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JIN HUNG

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                    [Title] => Mimosa Leisure Estate Bidding: CDC withdraws award to Fil-Korean venture
                    [Summary] => CLARK FIELD, Pampanga — The Clark Development Corp. (CDC) withdrew yesterday the award it gave to a Korean-Filipino venture for the operation and management of the sprawling Mimosa leisure estate here after the company allegedly failed to comply with some requirements that were agreed upon.


"The CDC board has decided to revoke the award to NTM Jin Hung joint venture of South Korea and consider the Mimosa bidding a failure," CDC president and chief executive officer Antonio Ng said.


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                    [Title] => Mimosa Leisure Estate Bidding: CDC withdraws award to Fil-Korean venture
                    [Summary] => CLARK FIELD, Pampanga — The Clark Development Corp. (CDC) withdrew yesterday the award it gave to a Korean-Filipino venture for the operation and management of the sprawling Mimosa leisure estate here after the company allegedly failed to comply with some requirements that were agreed upon.


"The CDC board has decided to revoke the award to NTM Jin Hung joint venture of South Korea and consider the Mimosa bidding a failure," CDC president and chief executive officer Antonio Ng said.


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                    [ArticleID] => 342326
                    [Title] => Mimosa bidding aboveboard, CDC asserts
                    [Summary] => CLARK FIELD, Pampanga — Officials of the Clark Development Corp. (CDC) met here the other day with their critics to assert that the awarding of the Mimosa leisure estate to a Korean-Filipino joint venture was aboveboard.


This, after Angeles City Mayor Carmelo Lazatin and Mabalacat Mayor Marino Morales alleged lack of transparency in the bidding won by the Korean-Filipino NTM Jin Hung Corp., which offered a minimum bid of P1.65 billion.


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                    [ArticleID] => 341794
                    [Title] => Controversy hounds Mimosa award to Korean company
                    [Summary] => CLARK FIELD, Pampanga — Officials of the Clark Development Corp. (CDC) said the government stands to immediately earn at least P650 million in the full privatization of the sprawling Mimosa Leisure Estate here amid allegations of irregularities when it was awarded to a Korean company recently.


CDC president Antonio Ng said the winning bidder for Mimosa will pay the CDC P500 million in cash, and P150 million more for the Bureau of Internal Revenue and the Philippine Gaming and Amusement Corp. (Pagcor).


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abtest

Mimosa Leisure Estate Bidding: CDC withdraws award to Fil-Korean venture

July 6, 2006 - 12:00am

CLARK FIELD, Pampanga — The Clark Development Corp. (CDC) withdrew yesterday the award it gave to a Korean-Filipino venture for the operation and management of the sprawling Mimosa leisure estate here after...

Nation

Mimosa Leisure Estate Bidding: CDC withdraws award to Fil-Korean venture

July 6, 2006 - 12:00am

CLARK FIELD, Pampanga — The Clark Development Corp. (CDC) withdrew yesterday the award it gave to a Korean-Filipino venture for the operation and management of the sprawling Mimosa leisure estate here after...

Nation

Mimosa bidding aboveboard, CDC asserts

By Ding Cervantes | June 17, 2006 - 12:00am

CLARK FIELD, Pampanga — Officials of the Clark Development Corp. (CDC) met here the other day with their critics to assert that the awarding of the Mimosa leisure estate to a Korean-Filipino joint venture was...

Nation

Controversy hounds Mimosa award to Korean company

June 14, 2006 - 12:00am

CLARK FIELD, Pampanga — Officials of the Clark Development Corp. (CDC) said the government stands to immediately earn at least P650 million in the full privatization of the sprawling Mimosa Leisure Estate here...

Nation