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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 240627 [Title] => ATR-Kim Eng group to develop former Philtread tire plant in Muntinlupa [Summary] => Filipino-Singaporean investment firm ATR Kim Eng Financial Corp., will issue an additional one million shares in property company Sucat Land to beef up its capitalization to P410 million from P310 million.
Proceeds from the issuance of shares will be used to refinance maturing obligations with longer-term funds.
ATRKE Financial said the scheme will allow holders of the preferred shares to benefit from Sucat Lands upside once the residential commercial development project goes in full swing as the stock would have convertibility features.
[DatePublished] => 2004-02-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 171597 [Title] => Philtread to raise P1.2-B via stock rights, warrants offer [Summary] => Listed firm Philtread Holdings Corp. plans to raise P1.2 billion through a stock rights and warrants offering to finance new investments as part of its ongoing reorganization and transformation into a diversified financial services company.
In a registration statement filed with the Securities and Exchange Commission, Philtread said it will offer 500 million new shares at the offer price of P2 per share together with 100 million detachable warrants that are convertible into common shares.
[DatePublished] => 2002-08-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PHILTREAD HOLDINGS CORP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 240627 [Title] => ATR-Kim Eng group to develop former Philtread tire plant in Muntinlupa [Summary] => Filipino-Singaporean investment firm ATR Kim Eng Financial Corp., will issue an additional one million shares in property company Sucat Land to beef up its capitalization to P410 million from P310 million.
Proceeds from the issuance of shares will be used to refinance maturing obligations with longer-term funds.
ATRKE Financial said the scheme will allow holders of the preferred shares to benefit from Sucat Lands upside once the residential commercial development project goes in full swing as the stock would have convertibility features.
[DatePublished] => 2004-02-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 171597 [Title] => Philtread to raise P1.2-B via stock rights, warrants offer [Summary] => Listed firm Philtread Holdings Corp. plans to raise P1.2 billion through a stock rights and warrants offering to finance new investments as part of its ongoing reorganization and transformation into a diversified financial services company.
In a registration statement filed with the Securities and Exchange Commission, Philtread said it will offer 500 million new shares at the offer price of P2 per share together with 100 million detachable warrants that are convertible into common shares.
[DatePublished] => 2002-08-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | February 28, 2004 - 12:00am
By Zinnia B. Dela Peña | August 11, 2002 - 12:00am
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