Array
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    [results] => Array
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                (
                    [ArticleID] => 148737
                    [Title] => PNB bucks amended rehab plan of Uniwide
                    [Summary] => The Philippine National Bank (PNB) has asked the Securities and Exchange Commission (SEC) to junk the amended rehabilitation plan proposed by Uniwide Sales Inc.


In an opposition filed with the SEC, PNB said that it would be paid proportionately with Allied Bank Corp. through dacion en pago of Metromall.


The payment will be net of Warehouse Club and will be executed either through  direct transfer or the formation of a special purpose vehicle.


                    [DatePublished] => 2002-01-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 99011
                    [Title] => PNB wants Uniwide rehabilitation plan amended
                    [Summary] => 

The Philippine National Bank, a principal creditor of financially-challenged
Uniwide Group of Companies wants the Securities and Exchange Commission (SEC)
to modify the approved amended rehabilitation plan of the company to ensure its
rights are protected.

The bank said the rehab plan approved last month by the regulator does not
assure that creditors will be able to collect what is due them.

PNB said the following schemes were not designed for the bank's rights as
mortgagee-creditor: creditors secured with operating and non-operating assets
will be paid in cash with a 20-pe
                    [DatePublished] => 2000-05-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 100415
                    [Title] => Allied Bank bucks amended rehab plan for Uniwide
                    [Summary] => 

One of the principal creditors of the Uniwide Group of Companies, Allied
Banking Corp. (ABC), is opposing the amended rehabilitation plan of the
debt-saddled retail company, particularly the conversion of some of its debts
into condominium shares in Uniwide Metromall in Las Piñas and the
Coastal Mall along Roxas Boulevard.

ABC said the plan impairs the rights of secured creditors.
                    [DatePublished] => 2000-04-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 100859
                    [Title] => EWBC opposes amended rehab plan for Uniwide
                    [Summary] => 

East West Banking Corp. (EWBC), one of the creditors of the Uniwide Group of
Companies, is opposing the amended rehabilitation plan submitted  by the
cash-strapped retail and property firm.

EWBC said the proposal for the bank to hold shares in non-allied undertakings
is outright illegal.

Under its proposed amended rehab plan, Uniwide is offering to settle its
obligation with EWBC by replacing the present collateral, (the Coastal Mall
building and collateral) with participation in Metromall.
                    [DatePublished] => 2000-02-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

METROMALL

Array
(
    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 148737
                    [Title] => PNB bucks amended rehab plan of Uniwide
                    [Summary] => The Philippine National Bank (PNB) has asked the Securities and Exchange Commission (SEC) to junk the amended rehabilitation plan proposed by Uniwide Sales Inc.


In an opposition filed with the SEC, PNB said that it would be paid proportionately with Allied Bank Corp. through dacion en pago of Metromall.


The payment will be net of Warehouse Club and will be executed either through  direct transfer or the formation of a special purpose vehicle.


                    [DatePublished] => 2002-01-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 99011
                    [Title] => PNB wants Uniwide rehabilitation plan amended
                    [Summary] => 

The Philippine National Bank, a principal creditor of financially-challenged
Uniwide Group of Companies wants the Securities and Exchange Commission (SEC)
to modify the approved amended rehabilitation plan of the company to ensure its
rights are protected.

The bank said the rehab plan approved last month by the regulator does not
assure that creditors will be able to collect what is due them.

PNB said the following schemes were not designed for the bank's rights as
mortgagee-creditor: creditors secured with operating and non-operating assets
will be paid in cash with a 20-pe
                    [DatePublished] => 2000-05-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 100415
                    [Title] => Allied Bank bucks amended rehab plan for Uniwide
                    [Summary] => 

One of the principal creditors of the Uniwide Group of Companies, Allied
Banking Corp. (ABC), is opposing the amended rehabilitation plan of the
debt-saddled retail company, particularly the conversion of some of its debts
into condominium shares in Uniwide Metromall in Las Piñas and the
Coastal Mall along Roxas Boulevard.

ABC said the plan impairs the rights of secured creditors.
                    [DatePublished] => 2000-04-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 100859
                    [Title] => EWBC opposes amended rehab plan for Uniwide
                    [Summary] => 

East West Banking Corp. (EWBC), one of the creditors of the Uniwide Group of
Companies, is opposing the amended rehabilitation plan submitted  by the
cash-strapped retail and property firm.

EWBC said the proposal for the bank to hold shares in non-allied undertakings
is outright illegal.

Under its proposed amended rehab plan, Uniwide is offering to settle its
obligation with EWBC by replacing the present collateral, (the Coastal Mall
building and collateral) with participation in Metromall.
                    [DatePublished] => 2000-02-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

PNB bucks amended rehab plan of Uniwide

By Des Ferriols | January 29, 2002 - 12:00am

The Philippine National Bank (PNB) has asked the Securities and Exchange Commission (SEC) to junk the amended rehabilitation plan proposed by Uniwide Sales Inc. In an opposition filed with the SEC, PNB said that...

Business

PNB wants Uniwide rehabilitation plan amended

By Rocel Felix | May 12, 2000 - 12:00am

The Philippine National Bank, a principal creditor of financially-challenged Uniwide Group of Companies wants the Securities and Exchange Commission (SEC) to modify the approved amended rehabilitation plan of...

Business

Allied Bank bucks amended rehab plan for Uniwide

By Rocel Felix | April 4, 2000 - 12:00am

One of the principal creditors of the Uniwide Group of Companies, Allied Banking Corp. (ABC), is opposing the amended rehabilitation plan of the debt-saddled retail company, particularly the conversion of some...

Business

EWBC opposes amended rehab plan for Uniwide

By Rocel Felix | February 25, 2000 - 12:00am

East West Banking Corp. (EWBC), one of the creditors of the Uniwide Group of Companies, is opposing the amended rehabilitation plan submitted by the cash-strapped retail and property firm. EWBC said the proposal...

Business