PENTA OCEAN GROUP

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                    [ArticleID] => 232198
                    [Title] => Penta-Shimitsu-TOA group submits lowest bid for Subic port project
                    [Summary] => The Subic Bay Metropolitan Authority (SBMA) announced yesterday that the joint venture composed of Penta Ocean Group, Shimitsu Corp. and TOA Corp. submitted the lowest bid of P5.226 billion for the Subic Bay Port Development project.


The other bidder, Toyo Corp. of Japan, submitted a quotation of P5.589 billion which is P363 million higher.


However, the award will be made only after the SBMA has evaluated the bids.


SBMA Chairman Felicito Payumo said the bid committee will need about 30 days to validate the figures submitted by the bidders.


                    [DatePublished] => 2003-12-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097285
                    [AuthorName] =>  Marianne  V.  Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 232038
                    [Title] => SBMA to open bids for Subic Bay port development project
                    [Summary] => The Subic Bay Metropolitan Authority (SBMA) will finally open today  the financial bids submitted earlier this year by  two qualified bidders for the Subic Bay Port Development Project.


SBMA chairman Felicito Payumo said  the two   qualified bidders are Toyo Corp.  of Japan and the joint venture group composed of the Penta Ocean Group, Shimitsu Corp. and TOA Corp.


A third bidder, Nishimatsu was disqualified because of its "non-response" to the technical submission.


                    [DatePublished] => 2003-12-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097285
                    [AuthorName] =>  Marianne  V.  Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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Penta-Shimitsu-TOA group submits lowest bid for Subic port project

By Marianne V. Go | December 19, 2003 - 12:00am

The Subic Bay Metropolitan Authority (SBMA) announced yesterday that the joint venture composed of Penta Ocean Group, Shimitsu Corp. and TOA Corp. submitted the lowest bid of P5.226 billion for the Subic Bay Port...

Business

SBMA to open bids for Subic Bay port development project

By Marianne V. Go | December 18, 2003 - 12:00am

The Subic Bay Metropolitan Authority (SBMA) will finally open today the financial bids submitted earlier this year by two qualified bidders for the Subic Bay Port Development Project. SBMA chairman Felicito Payumo...

Business