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                    [ArticleID] => 1524097
                    [Title] => ALI, POPI extend due diligence for takeover of Tutuban Center
                    [Summary] => 
Ayala Land Inc. (ALI) and Prime Orion Philippines Inc. (POPI), the operator of Tutuban Center in Manila, need more time before they can finally seal the agreement for ALI’s acquisition of a majority stake in POPI.

                    [DatePublished] => 2015-11-20 09:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20151121/tutuban-centermall-5.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 254270
                    [Title] => SEC clears Guoco unit’s entry into retail trade
                    [Summary] => The Securities and Exchange Commission (SEC) has ruled that Prime Orion Properties Inc. and its real estate subsidiary Tutuban Properties Inc. (TPI) can engage in the retail trade business.


In its opinion dated June 14, the SEC said POPI, which is 26.72-percent owned by foreign nationals, can engage in retailing while TPI would have to amend its articles of incorporation to include the intended retail business in its purpose clause.  


                    [DatePublished] => 2004-06-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 254002
                    [Title] => Malaysia’s Guoco group eyes entry  into shopping mall business in RP
                    [Summary] => Prime Orion Philippines Inc. (POPI), an investment holding company associated with the Guoco Group of Malaysia, is planning to go into retailing through the establishment of a shopping mall to improve its cashflow.


Through its real estate subsidiary Tutuban Properties Inc., POPI hopes to put up a department store or a supermarket to take advantage of the anticipated increased consumer spending. The planned venture was disclosed by POPI to the Securities and Exchange Commission as it requested opinion on whether it is considered a foreign investor and can engage in retail trade.

                    [DatePublished] => 2004-06-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 241125
                    [Title] => Prime Orion Phils plans asset sale to pay P1.25-B loans
                    [Summary] => Prime Orion Philippines Inc. (POPI) expects to bring down its total outstanding loan obligations to P1.25 billion by the end of the year through the sale of certain assets or dacion-en-pago agreements.


In a disclosure to the Philippine Stock Exchange, POPI said negotiations are currently ongoing for the restructuring of the remaining balance of principal loans with a bank amounting to P1 billion.


POPI expects to conclude negotiations with the bank in one year.


                    [DatePublished] => 2004-03-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 230054
                    [Title] => CyberBay stockholder may bring case for int’l arbitration
                    [Summary] => Prime Orion Philippines Inc. (POPI) said it will take its case to international arbitration should the Supreme Court refuse to reverse its final ruling nullifying the joint venture agreement forged between the Public Estates Authority and the Amari Coastal Bay Development Corp. for the development of reclaimed land in Manila Bay.


POPI owns 25 percent of Amari, now known as Central Bay Development Corp. (CyberBay).


                    [DatePublished] => 2003-12-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

POPI

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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 1524097
                    [Title] => ALI, POPI extend due diligence for takeover of Tutuban Center
                    [Summary] => 
Ayala Land Inc. (ALI) and Prime Orion Philippines Inc. (POPI), the operator of Tutuban Center in Manila, need more time before they can finally seal the agreement for ALI’s acquisition of a majority stake in POPI.

                    [DatePublished] => 2015-11-20 09:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20151121/tutuban-centermall-5.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 254270
                    [Title] => SEC clears Guoco unit’s entry into retail trade
                    [Summary] => The Securities and Exchange Commission (SEC) has ruled that Prime Orion Properties Inc. and its real estate subsidiary Tutuban Properties Inc. (TPI) can engage in the retail trade business.


In its opinion dated June 14, the SEC said POPI, which is 26.72-percent owned by foreign nationals, can engage in retailing while TPI would have to amend its articles of incorporation to include the intended retail business in its purpose clause.  


                    [DatePublished] => 2004-06-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 254002
                    [Title] => Malaysia’s Guoco group eyes entry  into shopping mall business in RP
                    [Summary] => Prime Orion Philippines Inc. (POPI), an investment holding company associated with the Guoco Group of Malaysia, is planning to go into retailing through the establishment of a shopping mall to improve its cashflow.


Through its real estate subsidiary Tutuban Properties Inc., POPI hopes to put up a department store or a supermarket to take advantage of the anticipated increased consumer spending. The planned venture was disclosed by POPI to the Securities and Exchange Commission as it requested opinion on whether it is considered a foreign investor and can engage in retail trade.

                    [DatePublished] => 2004-06-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 241125
                    [Title] => Prime Orion Phils plans asset sale to pay P1.25-B loans
                    [Summary] => Prime Orion Philippines Inc. (POPI) expects to bring down its total outstanding loan obligations to P1.25 billion by the end of the year through the sale of certain assets or dacion-en-pago agreements.


In a disclosure to the Philippine Stock Exchange, POPI said negotiations are currently ongoing for the restructuring of the remaining balance of principal loans with a bank amounting to P1 billion.


POPI expects to conclude negotiations with the bank in one year.


                    [DatePublished] => 2004-03-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 230054
                    [Title] => CyberBay stockholder may bring case for int’l arbitration
                    [Summary] => Prime Orion Philippines Inc. (POPI) said it will take its case to international arbitration should the Supreme Court refuse to reverse its final ruling nullifying the joint venture agreement forged between the Public Estates Authority and the Amari Coastal Bay Development Corp. for the development of reclaimed land in Manila Bay.


POPI owns 25 percent of Amari, now known as Central Bay Development Corp. (CyberBay).


                    [DatePublished] => 2003-12-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

ALI, POPI extend due diligence for takeover of Tutuban Center

By Iris Gonzales | November 20, 2015 - 9:00am

Ayala Land Inc. (ALI) and Prime Orion Philippines Inc. (POPI), the operator of Tutuban Center in Manila, need more time before...

Business

SEC clears Guoco unit’s entry into retail trade

By Zinnia B. Dela Peña | June 17, 2004 - 12:00am

The Securities and Exchange Commission (SEC) has ruled that Prime Orion Properties Inc. and its real estate subsidiary Tutuban Properties Inc. (TPI) can engage in the retail trade business. In its opinion dated...

Business

Malaysia’s Guoco group eyes entry into shopping mall business in RP

By Zinnia B. Dela Peña | June 15, 2004 - 12:00am

Prime Orion Philippines Inc. (POPI), an investment holding company associated with the Guoco Group of Malaysia, is planning to go into retailing through the establishment of a shopping mall to improve its cashflow. Through...

Business

Prime Orion Phils plans asset sale to pay P1.25-B loans

March 3, 2004 - 12:00am

Prime Orion Philippines Inc. (POPI) expects to bring down its total outstanding loan obligations to P1.25 billion by the end of the year through the sale of certain assets or dacion-en-pago agreements. In a disclosure...

Business

CyberBay stockholder may bring case for int’l arbitration

By Zinnia B. Dela Peña | December 2, 2003 - 12:00am

Prime Orion Philippines Inc. (POPI) said it will take its case to international arbitration should the Supreme Court refuse to reverse its final ruling nullifying the joint venture agreement forged between the Public...

Business