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                    [ArticleID] => 226865
                    [Title] => Philrealty settles P329-M loan via dacion
                    [Summary] => Philippine Realty & Holdings Corp. has reached an agreement with two of its creditor-banks for the settlement of a P329-million loan  by way of a dacion-en-pago or payment in kind scheme.


In a disclosure to the Philippine Stock Exchange, Philrealty said the two banks have also agreed not to charge interest on the loans from the time Philrealty filed its petition for suspension of debt payments.


                    [DatePublished] => 2003-11-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 188440
                    [Title] => Philrealty gets court approval for suspension of debt payments
                    [Summary] => A week after disclosing plans to submit itself to a rehabilitation program, Philippine Realty & Holdings Corp. said yesterday the court has granted its petition for a suspension of debt payments, putting the company under the supervision of a court-appointed receiver.


Philrealty president Amador Bacani said their petition for a debt payment moratorium is the main component of their corporate rehabilitation program, which will be overseen by Ricardo Ysmael, the designated rehabilitation receiver.


                    [DatePublished] => 2002-12-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 188192
                    [Title] => PSE freezes trading of Philrealty shares
                    [Summary] => The Philippine Stock Exchange yesterday suspended indefinitely the trading of shares of cash-strapped real estate developer Philippine Realty and Holdings Corp. (Philrealty) in view of the company’s filing of a petition for rehabilitation and suspension of debt payments with the regular court.


Citing its listing rules, the PSE said the filing of proceedings for suspension of payments by a listed company shall merit an immediate suspension of trading of the firm’s security.


                    [DatePublished] => 2002-12-17 00:00:00
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 187709
                    [Title] => Philrealty to file for rehabilitation
                    [Summary] => Philippine Realty & Holdings Corp., a property development firm established in 1986 by a clan of the Ortigas family, is filing for rehabilitation after being saddled with losses since the slump of the local real estate industry in 1997.


In a special meeting last Wednesday, the board of directors unanimously approved a resolution earlier presented to stockholders authorizing the board, particularly its president Amador Bacani, to "exercise full power and authority to take or cause such action... to rehabilitate the corporation."


                    [DatePublished] => 2002-12-13 00:00:00
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                    [ArticleID] => 93050
                    [Title] => Philrealty seeks partners for more joint ventures
                    [Summary] => Property developer Philippine Realty & Holdings Corp. plans to enter into more joint ventures with partners who will shoulder the cost of building construction, as the company strives to address its continued liquidity and profitability problems.


                    [DatePublished] => 2001-06-23 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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                    [ArticleID] => 95567
                    [Title] => Philrealty seeks partners for more joint ventures
                    [Summary] => Property developer Philippine Realty & Holdings Corp. plans to enter into more joint ventures with partners who will shoulder the cost of building construction, as the company strives to address its continued liquidity and profitability problems.


                    [DatePublished] => 2001-06-23 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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MANILA GOLF CREST

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                    [ArticleID] => 226865
                    [Title] => Philrealty settles P329-M loan via dacion
                    [Summary] => Philippine Realty & Holdings Corp. has reached an agreement with two of its creditor-banks for the settlement of a P329-million loan  by way of a dacion-en-pago or payment in kind scheme.


In a disclosure to the Philippine Stock Exchange, Philrealty said the two banks have also agreed not to charge interest on the loans from the time Philrealty filed its petition for suspension of debt payments.


                    [DatePublished] => 2003-11-06 00:00:00
                    [ColumnID] => 133272
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                    [Title] => Philrealty gets court approval for suspension of debt payments
                    [Summary] => A week after disclosing plans to submit itself to a rehabilitation program, Philippine Realty & Holdings Corp. said yesterday the court has granted its petition for a suspension of debt payments, putting the company under the supervision of a court-appointed receiver.


Philrealty president Amador Bacani said their petition for a debt payment moratorium is the main component of their corporate rehabilitation program, which will be overseen by Ricardo Ysmael, the designated rehabilitation receiver.


                    [DatePublished] => 2002-12-19 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 188192
                    [Title] => PSE freezes trading of Philrealty shares
                    [Summary] => The Philippine Stock Exchange yesterday suspended indefinitely the trading of shares of cash-strapped real estate developer Philippine Realty and Holdings Corp. (Philrealty) in view of the company’s filing of a petition for rehabilitation and suspension of debt payments with the regular court.


Citing its listing rules, the PSE said the filing of proceedings for suspension of payments by a listed company shall merit an immediate suspension of trading of the firm’s security.


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                    [ArticleID] => 187709
                    [Title] => Philrealty to file for rehabilitation
                    [Summary] => Philippine Realty & Holdings Corp., a property development firm established in 1986 by a clan of the Ortigas family, is filing for rehabilitation after being saddled with losses since the slump of the local real estate industry in 1997.


In a special meeting last Wednesday, the board of directors unanimously approved a resolution earlier presented to stockholders authorizing the board, particularly its president Amador Bacani, to "exercise full power and authority to take or cause such action... to rehabilitate the corporation."


                    [DatePublished] => 2002-12-13 00:00:00
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                    [Title] => Philrealty seeks partners for more joint ventures
                    [Summary] => Property developer Philippine Realty & Holdings Corp. plans to enter into more joint ventures with partners who will shoulder the cost of building construction, as the company strives to address its continued liquidity and profitability problems.


                    [DatePublished] => 2001-06-23 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 95567
                    [Title] => Philrealty seeks partners for more joint ventures
                    [Summary] => Property developer Philippine Realty & Holdings Corp. plans to enter into more joint ventures with partners who will shoulder the cost of building construction, as the company strives to address its continued liquidity and profitability problems.


                    [DatePublished] => 2001-06-23 00:00:00
                    [ColumnID] => 133272
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abtest

Philrealty settles P329-M loan via dacion

By Zinnia B. Dela Peña | November 6, 2003 - 12:00am

Philippine Realty & Holdings Corp. has reached an agreement with two of its creditor-banks for the settlement of a P329-million loan by way of a dacion-en-pago or payment in kind scheme. In a disclosure to...

Business

Philrealty gets court approval for suspension of debt payments

By Christina Mendez | December 19, 2002 - 12:00am

A week after disclosing plans to submit itself to a rehabilitation program, Philippine Realty & Holdings Corp. said yesterday the court has granted its petition for a suspension of debt payments, putting the...

Business

PSE freezes trading of Philrealty shares

By Zinnia B. Dela Peña | December 17, 2002 - 12:00am

The Philippine Stock Exchange yesterday suspended indefinitely the trading of shares of cash-strapped real estate developer Philippine Realty and Holdings Corp. (Philrealty) in view of the company’s filing of...

Business

Philrealty to file for rehabilitation

By Christina Mendez | December 13, 2002 - 12:00am

Philippine Realty & Holdings Corp., a property development firm established in 1986 by a clan of the Ortigas family, is filing for rehabilitation after being saddled with losses since the slump of the local real...

Business

Philrealty seeks partners for more joint ventures

By Christina Mendez | June 23, 2001 - 12:00am

Property developer Philippine Realty & Holdings Corp. plans to enter into more joint ventures with partners who will shoulder the cost of building construction, as the company strives to address its continued liquidity...

Business

Philrealty seeks partners for more joint ventures

By Christina Mendez | June 23, 2001 - 12:00am

Property developer Philippine Realty & Holdings Corp. plans to enter into more joint ventures with partners who will shoulder the cost of building construction, as the company strives to address its continued...

Business