^
+ Follow MLRC Tag
MLRC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 220211
                    [Title] => Mondragon rescinds MOU with CDC
                    [Summary] => Mondragon International Phils. Inc. (MIPI) has cancelled the memorandum of understanding (MOU) it had entered into with Clark Development Corp. (CDC) for their failure to reach a compromise in connection with the lease of the Mimosa Leisure Estate in Clark, Pampanga.


In a disclosure to the Philippine Stock Exchange yesterday, MIPI chairman and chief executive officer Jose Antonio U. Gonzalez said the company was constrained to rescind the MOU for various reasons stated in its communication with CDC, although he did not elaborate.
[DatePublished] => 2003-09-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 205436 [Title] => Gonzalez to regain Mimosa after signing MOU with CDC [Summary] => Mondragon Leisure and Resorts Inc. (MLRC), the wholly-owned subsidiary of Mondragon International Philippines Inc., has signed a memorandum of understanding with Clark Development Corp. (CDC) which could pave the way for the return of the Mimosa Leisure Estate to the group of businessman and former Tourism Secretary Jose Antonio Gonzalez.

The MOU was arrived at after CDC and MLRC agreed to identify certain issues and differences between them in connection with the lease of the Mimosa estate.
[DatePublished] => 2003-05-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 199387 [Title] => Mondragon gives 6-month deadline for Mimosa talks [Summary] => Mondragon Leisure and Resorts Corp. (MLRC) is giving itself a six-month period or until September this year to finalize talks with government and potential investors in the plush Mimosa Leisure Estate at the Clark Special Economic zone for approval by their stockholders.

In a letter to the Philippine Stock Exchange, Antonio Jose Gonzalez, chairman and CEO of MLRC’s parent firm Mondragon International Philippines Inc. (MIPI), said they have postponed the annual stockholders meeting originally scheduled yesterday, for another six months, or on Sept. 15, 2003.
[DatePublished] => 2003-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 154414 [Title] => SEC may revoke license of Mondragon Leisure [Summary] => The Securities and Exchange Commission (SEC) has threatened to revoke the registration of Mondragon Leisure & Resorts Corp. (MLRC), owner of the Mimosa Leisure Estate in Clark, for its failure to submit on time the financial documents required under the Securities Regulation Code.

The SEC recommended the revocation last week but before any action is to be taken, public hearings will be conducted to enable the company to present its side.
[DatePublished] => 2002-03-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 98065 [Title] => PentaCapital terminates Mondragon deal [Summary] => PentaCapital Investment Corp. (PentaCapital) announced yesterday that it was terminating its financial advisory contract with Mondragon International Philippines Inc. (MIPI) following the allegations of collusion hurled against it by former Tourism Secretary Jose Antonio Gonzalez.

PentaCapital said its decision to quit as financial advisor of Mondragon was prompted by Gonzalez’s accusation that the company’s rehabilitation proposal for Mondragon Leisure and Resorts Corp. (MLRC) was a "crony deal."
[DatePublished] => 2000-11-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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