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                    [Title] => 2 groups eye Asian Diamond Plans
                    [Summary] => At least two local groups are eyeing the take over of  cash-strapped pre-need firm Asian Diamond Plans following the latter’s failure to conclude a deal with the Singaporean-American firm Sovereign Group.


Miguel Madrigal-Vazquez, head of the Federation of Pre-Need Plan Companies and concurrent president of  Permanent Plans Inc., said two local investor groups  have signified interest to take over the operations of Asian Diamond, which has been hard pressed to meet the minimum paid-up capital requirement.


                    [DatePublished] => 2004-02-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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MIGUEL MADRIGAL-VAZQUEZ

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                    [ArticleID] => 240151
                    [Title] => 2 groups eye Asian Diamond Plans
                    [Summary] => At least two local groups are eyeing the take over of  cash-strapped pre-need firm Asian Diamond Plans following the latter’s failure to conclude a deal with the Singaporean-American firm Sovereign Group.


Miguel Madrigal-Vazquez, head of the Federation of Pre-Need Plan Companies and concurrent president of  Permanent Plans Inc., said two local investor groups  have signified interest to take over the operations of Asian Diamond, which has been hard pressed to meet the minimum paid-up capital requirement.


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abtest

2 groups eye Asian Diamond Plans

By Zinnia B. Dela Peña | February 24, 2004 - 12:00am

At least two local groups are eyeing the take over of cash-strapped pre-need firm Asian Diamond Plans following the latter’s failure to conclude a deal with the Singaporean-American firm Sovereign Group. Miguel...

Business