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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 212202 [Title] => NEC to pursue $237-M claim vs Digitel [Summary] => NEC Philippines Inc. said yesterday it will vigorously pursue its claim before the international arbitration court against Gokongwei-owned Digital Telecommunications Phils. Inc. (Digitel) for the payment of $237 million in unpaid equipment.
Company president Yoshifumi Matsubara said that they are also demanding that JG Summit Holdings, Inc., parent company of Digitel, step into the shoes of its subsidiary and settle 57 percent of the outstanding debt of Digitel to NEC which JG Summit has guaranteed.
[DatePublished] => 2003-07-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 209892 [Title] => NEC of Japan hits Digitel for inaccurate reporting [Summary] => The rift between NEC Corp. and Digital Telecommunications Philippines Inc. (Digitel) has taken a new twist as the Japanese-based company accused the Gokongwei-controlled firm of issuing inaccurate statements to its shareholders.
In a letter to the Philippine Stock Exchange, NEC hit the inconsistent statements made by Digitel in its disclosure dated May 26 and during its recent annual shareholders meeting.
[DatePublished] => 2003-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MATSUBARA
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 212202 [Title] => NEC to pursue $237-M claim vs Digitel [Summary] => NEC Philippines Inc. said yesterday it will vigorously pursue its claim before the international arbitration court against Gokongwei-owned Digital Telecommunications Phils. Inc. (Digitel) for the payment of $237 million in unpaid equipment.
Company president Yoshifumi Matsubara said that they are also demanding that JG Summit Holdings, Inc., parent company of Digitel, step into the shoes of its subsidiary and settle 57 percent of the outstanding debt of Digitel to NEC which JG Summit has guaranteed.
[DatePublished] => 2003-07-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 209892 [Title] => NEC of Japan hits Digitel for inaccurate reporting [Summary] => The rift between NEC Corp. and Digital Telecommunications Philippines Inc. (Digitel) has taken a new twist as the Japanese-based company accused the Gokongwei-controlled firm of issuing inaccurate statements to its shareholders.
In a letter to the Philippine Stock Exchange, NEC hit the inconsistent statements made by Digitel in its disclosure dated May 26 and during its recent annual shareholders meeting.
[DatePublished] => 2003-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
July 2, 2003 - 12:00am
By Zinnia B. Dela Peña | June 13, 2003 - 12:00am
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