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                    [ArticleID] => 96201
                    [Title] => All Asia stockholders rap IFC over rehab
                    [Summary] => Stockholders of the All  AsiaCapital Group have accused the International Finance Corp. (IFC) of standing in the way of the group’s rehabilitation.


In a press briefing yesterday, All AsiaCapital vice chairman Eusebio H. Tanco said the only way to save the group is to infuse additional capital.


However, the IFC rejected the plan as this will dilute its seven-percent equity in the group.


Tanco explained that by infusing capital, the different companies belonging to the group can become economically viable either for further operation or for sale.


                    [DatePublished] => 2001-02-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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NICASIO L

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                    [ArticleID] => 96201
                    [Title] => All Asia stockholders rap IFC over rehab
                    [Summary] => Stockholders of the All  AsiaCapital Group have accused the International Finance Corp. (IFC) of standing in the way of the group’s rehabilitation.


In a press briefing yesterday, All AsiaCapital vice chairman Eusebio H. Tanco said the only way to save the group is to infuse additional capital.


However, the IFC rejected the plan as this will dilute its seven-percent equity in the group.


Tanco explained that by infusing capital, the different companies belonging to the group can become economically viable either for further operation or for sale.


                    [DatePublished] => 2001-02-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
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All Asia stockholders rap IFC over rehab

By Ted P. Torres | February 22, 2001 - 12:00am

Stockholders of the All AsiaCapital Group have accused the International Finance Corp. (IFC) of standing in the way of the group’s rehabilitation. In a press...

Business