Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 22302
                    [Title] => SEC okays PAL Holdings’ restructuring
                    [Summary] => 
            
                    [DatePublished] => 2007-10-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 364828
                    [Title] => DBP receives offer for 2% stake in PAL
                    [Summary] => 



The Development Bank of the Philippines (DBP) said it has received an offer to sell its two percent holding in  flag carrier Philippine Airlines (PAL).  


In a press conference, DBP president and chief executive officer Reynaldo G. David said they received an offer to dispose the shares "at any time at a certain price."


The offer, he said, was made even before Baguio Gold Holdings Corp. publicly announced it will buy out the holdings of the six firms controlling PAL. 


                    [DatePublished] => 2006-10-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 357527
                    [Title] => Acquisition of PAL by Baguio Gold needs creditors’ OK
                    [Summary] => 



Baguio Gold Holdings Corp.’s acquisition of Philippine Airlines (PAL) would need the approval of the flag carrier’s creditors in order for it to be implemented, according to a top official of the Securities and Exchange Commission (SEC).


SEC chairman Fe Barin said while the commission is not opposed to the proposed transaction, all actions and decisions of the flag carrier must have the consent of PAL’s creditors since it is under receivership.


                    [DatePublished] => 2006-09-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 356311
                    [Title] => Baguio Gold takeover of PAL to cost P136M
                    [Summary] => Baguio Gold Holdings Corp. said it will pay P136 million for the acquisition of an 81.57 percent interest in flag carrier Philippine Airlines.


In a disclosure to the Philippine Stock Exchange, Baguio Gold said it is acquiring the shareholdings of Pol Holdings Inc., Cube Factor Holdings Inc., Ascot Holdings Inc, Sierra Holdings and Equities Inc., Network Holdings & Equities Inc. and Maxell Holdings Corp. in PAL.


                    [DatePublished] => 2006-09-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

MAXELL HOLDINGS CORP

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 22302
                    [Title] => SEC okays PAL Holdings’ restructuring
                    [Summary] => 
            
                    [DatePublished] => 2007-10-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 364828
                    [Title] => DBP receives offer for 2% stake in PAL
                    [Summary] => 



The Development Bank of the Philippines (DBP) said it has received an offer to sell its two percent holding in  flag carrier Philippine Airlines (PAL).  


In a press conference, DBP president and chief executive officer Reynaldo G. David said they received an offer to dispose the shares "at any time at a certain price."


The offer, he said, was made even before Baguio Gold Holdings Corp. publicly announced it will buy out the holdings of the six firms controlling PAL. 


                    [DatePublished] => 2006-10-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 357527
                    [Title] => Acquisition of PAL by Baguio Gold needs creditors’ OK
                    [Summary] => 



Baguio Gold Holdings Corp.’s acquisition of Philippine Airlines (PAL) would need the approval of the flag carrier’s creditors in order for it to be implemented, according to a top official of the Securities and Exchange Commission (SEC).


SEC chairman Fe Barin said while the commission is not opposed to the proposed transaction, all actions and decisions of the flag carrier must have the consent of PAL’s creditors since it is under receivership.


                    [DatePublished] => 2006-09-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 356311
                    [Title] => Baguio Gold takeover of PAL to cost P136M
                    [Summary] => Baguio Gold Holdings Corp. said it will pay P136 million for the acquisition of an 81.57 percent interest in flag carrier Philippine Airlines.


In a disclosure to the Philippine Stock Exchange, Baguio Gold said it is acquiring the shareholdings of Pol Holdings Inc., Cube Factor Holdings Inc., Ascot Holdings Inc, Sierra Holdings and Equities Inc., Network Holdings & Equities Inc. and Maxell Holdings Corp. in PAL.


                    [DatePublished] => 2006-09-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

SEC okays PAL Holdings’ restructuring

By Zinnia B. Dela Peña | October 20, 2007 - 12:00am

Business

DBP receives offer for 2% stake in PAL

By Ma. Elisa Osorio  | October 24, 2006 - 12:00am

The Development Bank of the Philippines (DBP) said it has received an offer to sell its two percent holding in flag carrier Philippine Airlines (PAL). In a press conference, DBP president and chief executive...

Business

Acquisition of PAL by Baguio Gold needs creditors’ OK

By Zinnia B. Dela Peña | September 11, 2006 - 12:00am

Baguio Gold Holdings Corp.’s acquisition of Philippine Airlines (PAL) would need the approval of the flag carrier’s creditors in order for it to be implemented, according to a top official of the...

Business

Baguio Gold takeover of PAL to cost P136M

By Zinnia B. Dela Peña | September 4, 2006 - 12:00am

Baguio Gold Holdings Corp. said it will pay P136 million for the acquisition of an 81.57 percent interest in flag carrier Philippine Airlines. In a disclosure to the Philippine Stock Exchange, Baguio Gold said it...

Business