^
+ Follow PRIME ORION PROPERTIES INC Tag
PRIME ORION PROPERTIES INC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 301398
                    [Title] => Pepsi growth slows with entry of cheaper priced cola drinks
                    [Summary] => Pepsi Cola Products Phils. Inc. is expecting a slowdown in volume growth due to the entry of low-priced cola products particularly in Metro Manila which heightened competition and cannibalized its market share.


The company is 22.16 percent owned by Prime Orion Properties Inc. (POPI), a listed investment holding company associated with the Guoco Group of Malaysia.
[DatePublished] => 2005-10-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [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] => 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 country’s 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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