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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 246507 [Title] => SEC approves restructuring plan of Pepsi-Cola Products Phils [Summary] => The Securities and Exchange Commission (SEC) has approved the capital restructuring plan of Pepsi-Cola Products Philippines Inc., the countrys second biggest soda company,
Under the plan, Pepsi will reduce its authorized capital stock to P750 million from P5 billion to have a reduction surplus of P2.82 billion. It will also reduce the par value of its shares from P1 to P0.15 per share.
This reduction surplus, Pepsi said, can be used to reduce the deficit of P4.24 million as of end-June last year.
[DatePublished] => 2004-04-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PEPSI COLA DISTRIBUTORS
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 246507 [Title] => SEC approves restructuring plan of Pepsi-Cola Products Phils [Summary] => The Securities and Exchange Commission (SEC) has approved the capital restructuring plan of Pepsi-Cola Products Philippines Inc., the countrys second biggest soda company,
Under the plan, Pepsi will reduce its authorized capital stock to P750 million from P5 billion to have a reduction surplus of P2.82 billion. It will also reduce the par value of its shares from P1 to P0.15 per share.
This reduction surplus, Pepsi said, can be used to reduce the deficit of P4.24 million as of end-June last year.
[DatePublished] => 2004-04-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Zinnia B. Dela Peña | April 17, 2004 - 12:00am
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