+ Follow JORGE NAVARRA Tag
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[ArticleID] => 136396
[Title] => Reynolds to go into debt restructuring
[Summary] => Reynolds Philippines Corp. will be undertaking a major debt restructuring program aimed at converting the remaining creditors into stockholders, after the Land Bank of the Philippines (LBP) took in a 36.7-percent stake in the company.
In a disclosure to the Philippine Stock Exchange (PSE), RPC corporate information officer Ma. Olivia Yabut-Misa said a nine-man board management committee (BMC) will be formed to review, evaluate, and implement the debt restructuring plan as well as business plans and programs, capital expenditures and projects of the company.
[DatePublished] => 2001-10-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[1] => Array
(
[ArticleID] => 130862
[Title] => Landbank takes 36% stake in Reynolds
[Summary] => The Land Bank of the Philippines (LBP) has taken a 36-percent stake in aluminum manufacturing firm Reynolds Philippines Corp. (RPC) in a debt-to-equity swap with RPCs single biggest stockholder Profinda Holdings Corp.
In a disclosure to the Philippine Stock Exchange, RPC treasurer and chief finance officer Jorge Navarra said LBP has presented the copies of documents last week authorizing the registration of 361,205,257 RPC shares of stock in its name.
[DatePublished] => 2001-08-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 95990
[Title] => SEC accepts compromise offer of Reynolds Phils
[Summary] => The Securities and Exchange Commission (SEC) has accepted a settlement offer from aluminum maker Reynolds Philippines Corp. (RPC), paving the way for the dismissal of the stock manipulation charges filed against the company early this year.
In a four-page order, the Commission en banc approved the offer of the five RPC officials implicated in the case to pay the sum of P100,000 each, or a total of P500,000, to put an end to the SEC’s investigation.
[DatePublished] => 2001-05-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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JORGE NAVARRA
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 136396
[Title] => Reynolds to go into debt restructuring
[Summary] => Reynolds Philippines Corp. will be undertaking a major debt restructuring program aimed at converting the remaining creditors into stockholders, after the Land Bank of the Philippines (LBP) took in a 36.7-percent stake in the company.
In a disclosure to the Philippine Stock Exchange (PSE), RPC corporate information officer Ma. Olivia Yabut-Misa said a nine-man board management committee (BMC) will be formed to review, evaluate, and implement the debt restructuring plan as well as business plans and programs, capital expenditures and projects of the company.
[DatePublished] => 2001-10-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 130862
[Title] => Landbank takes 36% stake in Reynolds
[Summary] => The Land Bank of the Philippines (LBP) has taken a 36-percent stake in aluminum manufacturing firm Reynolds Philippines Corp. (RPC) in a debt-to-equity swap with RPCs single biggest stockholder Profinda Holdings Corp.
In a disclosure to the Philippine Stock Exchange, RPC treasurer and chief finance officer Jorge Navarra said LBP has presented the copies of documents last week authorizing the registration of 361,205,257 RPC shares of stock in its name.
[DatePublished] => 2001-08-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 95990
[Title] => SEC accepts compromise offer of Reynolds Phils
[Summary] => The Securities and Exchange Commission (SEC) has accepted a settlement offer from aluminum maker Reynolds Philippines Corp. (RPC), paving the way for the dismissal of the stock manipulation charges filed against the company early this year.
In a four-page order, the Commission en banc approved the offer of the five RPC officials implicated in the case to pay the sum of P100,000 each, or a total of P500,000, to put an end to the SEC’s investigation.
[DatePublished] => 2001-05-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
October 12, 2001 - 12:00am