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                    [ArticleID] => 214642
                    [Title] => Primetown mulls suspension of loan payments
                    [Summary] => Burdened by huge debts, property firm Primetown Property Group Inc. is considering a suspension of loan payments to keep its creditors at bay as it works out a viable rehabilitation plan.


In a disclosure to the Philippine Stock Exchange, Primetown said its shareholders approved a resolution authorizing the board to file a petition before the courts to place the corporation under rehabilitation.  No other details were given by the company.  


                    [DatePublished] => 2003-07-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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PRIMETOWN PROPERTY GROUP INC

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                    [ArticleID] => 214642
                    [Title] => Primetown mulls suspension of loan payments
                    [Summary] => Burdened by huge debts, property firm Primetown Property Group Inc. is considering a suspension of loan payments to keep its creditors at bay as it works out a viable rehabilitation plan.


In a disclosure to the Philippine Stock Exchange, Primetown said its shareholders approved a resolution authorizing the board to file a petition before the courts to place the corporation under rehabilitation.  No other details were given by the company.  


                    [DatePublished] => 2003-07-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Zinnia B. Dela Peña
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abtest

Primetown mulls suspension of loan payments

By Zinnia B. Dela Peña | July 23, 2003 - 12:00am

Burdened by huge debts, property firm Primetown Property Group Inc. is considering a suspension of loan payments to keep its creditors at bay as it works out a viable rehabilitation plan. In a disclosure to the...

Business