^
+ Follow METROMALL Tag
Array
(
    [results] => Array
        (
            [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] => ) ) )

METROMALL
Array
(
    [results] => Array
        (
            [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] => ) ) )

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