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                    [Title] => VMC ‘white knight’ mulls assistance for sugar sector
                    [Summary] => The London-based firm planning to infuse $153 million into cash-strapped Victorias Milling Co. (VMC) also appears to be considering the establishment of a financial institution for the country’s sugar industry.


Romeo Hermoso, VMC chief finance officer, said the Kest Quartermain Venture Capital Partners Ltd. (KQVCPL) which offered to bail out the debt-saddled sugar miller also intends to create a financing system for struggling firms.


                    [DatePublished] => 2000-12-27 00:00:00
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                    [ArticleID] => 98296
                    [Title] => UK group offers to bail out VMC
                    [Summary] => Victorias Milling Co. (VMC), which has secured the go-signal from the Securities and Exchange Commission to carry out its rehabilitation plan, appears to have found  its "white knight" to avert insolvency.


Romeo Hermoso, VMC chief financial officer, said that London-based Kest Quartermain Venture Capital Partners Ltd. (KQVCPL) and General Electric Corporation (GE Capital) have offered to infuse $153 million in the debt-saddled sugar milling firm to help it get back on its feet.


                    [DatePublished] => 2000-12-21 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1203478
                    [AuthorName] => by Rommel Ynion
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KEST QUARTERMAIN VENTURE CAPITAL PARTNERS LTD

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                    [ArticleID] => 98345
                    [Title] => VMC ‘white knight’ mulls assistance for sugar sector
                    [Summary] => The London-based firm planning to infuse $153 million into cash-strapped Victorias Milling Co. (VMC) also appears to be considering the establishment of a financial institution for the country’s sugar industry.


Romeo Hermoso, VMC chief finance officer, said the Kest Quartermain Venture Capital Partners Ltd. (KQVCPL) which offered to bail out the debt-saddled sugar miller also intends to create a financing system for struggling firms.


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                    [ArticleID] => 98296
                    [Title] => UK group offers to bail out VMC
                    [Summary] => Victorias Milling Co. (VMC), which has secured the go-signal from the Securities and Exchange Commission to carry out its rehabilitation plan, appears to have found  its "white knight" to avert insolvency.


Romeo Hermoso, VMC chief financial officer, said that London-based Kest Quartermain Venture Capital Partners Ltd. (KQVCPL) and General Electric Corporation (GE Capital) have offered to infuse $153 million in the debt-saddled sugar milling firm to help it get back on its feet.


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                    [AuthorName] => by Rommel Ynion
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VMC ‘white knight’ mulls assistance for sugar sector

December 27, 2000 - 12:00am

The London-based firm planning to infuse $153 million into cash-strapped Victorias Milling Co. (VMC) also appears to be considering the establishment of a financial institution for the country’s sugar industry. Romeo...

Business

UK group offers to bail out VMC

By by Rommel Ynion | December 21, 2000 - 12:00am

Victorias Milling Co. (VMC), which has secured the go-signal from the Securities and Exchange Commission to carry out its rehabilitation plan, appears to have found its "white knight" to avert insolvency. Romeo...

Business