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[Title] => BCDA seriously mulls takeover of Camp John Hay
[Summary] => The Bases Conversion and Development Authority (BCDA) said yesterday that it is seriously considering the takeover of Camp John Hay from the beleaguered Camp John Hay Development Corp. (CJHDevco) amid signs that the latter would not settle some P2.2 billion in rental arrears.
BCDA, in a statement, said it is finalizing its legal options regarding an apparent refusal by the Sobrepena-led group to settle its debt.
BCDA earlier said it has informed CJHDevco that the 30-day notice for the payment of the P1.2 billion portion of the total arrears has lapsed.
[DatePublished] => 2005-05-18 00:00:00
[ColumnID] => 133272
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[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
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[Title] => BCDA seriously mulls takeover of Camp John Hay
[Summary] => The Bases Conversion and Development Authority (BCDA) said yesterday that it is seriously considering the takeover of Camp John Hay from the beleaguered Camp John Hay Development Corp. (CJHDevco) amid signs that the latter would not settle some P2.2 billion in rental arrears.
BCDA, in a statement, said it is finalizing its legal options regarding an apparent refusal by the Sobrepena-led group to settle its debt.
BCDA earlier said it has informed CJHDevco that the 30-day notice for the payment of the P1.2 billion portion of the total arrears has lapsed.
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[AuthorName] => Marianne V. Go
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abtest
By Marianne V. Go | May 18, 2005 - 12:00am
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