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                    [ArticleID] => 307583
                    [Title] => Villar-owned firm to hike capital to P5.5B
                    [Summary] => The Securities and Exchange Commission has approved the increase in the authorized capital stock of Polar Property Holdings Corp. from P4.5 billion to P5.5 billion.


Polar is controlled by Adelfa Properties Inc., one of the companies owned by the family of Sen. Manuel Villar.


Of the P1 billion increase, P743.29 million has been subscribed and paid by Household Development Corp. (P26.76 million), Adelfa Properties (P151.62 million) and Althorp Holdings (P564.91 million).


                    [DatePublished] => 2005-11-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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POLARVILLE SUBDIVISION

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                    [ArticleID] => 307583
                    [Title] => Villar-owned firm to hike capital to P5.5B
                    [Summary] => The Securities and Exchange Commission has approved the increase in the authorized capital stock of Polar Property Holdings Corp. from P4.5 billion to P5.5 billion.


Polar is controlled by Adelfa Properties Inc., one of the companies owned by the family of Sen. Manuel Villar.


Of the P1 billion increase, P743.29 million has been subscribed and paid by Household Development Corp. (P26.76 million), Adelfa Properties (P151.62 million) and Althorp Holdings (P564.91 million).


                    [DatePublished] => 2005-11-20 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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Villar-owned firm to hike capital to P5.5B

By Zinnia B. Dela Peña | November 20, 2005 - 12:00am

The Securities and Exchange Commission has approved the increase in the authorized capital stock of Polar Property Holdings Corp. from P4.5 billion to P5.5 billion. Polar is controlled by Adelfa Properties Inc.,...

Business