^
+ Follow RANHILL Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 391092
                    [Title] => Malaysia’s Ranhill still keen on Napocor assets
                    [Summary] => 



Malaysian conglomerate Ranhill Berhad is still keen on participating in the bidding for the assets of National Power Corp. (Napocor), highly-placed industry sources said.


The sources, however, said Ranhill’s participation in Napocor’s privatization will depend on the success of the bidding for the 600-megawatt Masinloc coal-fired power plant in July.

"They should be interested if all goes well for Masinloc,"a source said, adding that Ranhill has also yet to formally express its interest in the Napocor assets.
[DatePublished] => 2007-03-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 387656 [Title] => Malaysian firm eyes PBWRC joint venture [Summary] => Newly formed Pilipinas Bulk Water Resources Corporation (PBWRC) is currently negotiating with Malaysia-based Ranhill Engineers and Constructors Sdn. Bhd., for a possible business partnership.

PBWRC, led by businessman Michel Lhuillier initially announced to embark on a P3 billion bulk water supply project in Metro Cebu, as the company's flagship project.
[DatePublished] => 2007-03-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [2] => Array ( [ArticleID] => 351260 [Title] => Ever so slow, we lost chance to flee Beirut [Summary] => SLOW TO ACT: There are at least P5 billion in workers’ welfare funds and millions more in pork barrel and the President’s contingency and intelligence funds, but the money being received by the Philippine embassy in Beirut for the evacuation of Filipinos was coming in trickles.

The Israelis suspended for 48 hours bombing Lebanon to give non-combatants time to leave, but we failed to take advantage of the lull. The quarrel over funds and the difficulty of physically gathering Filipinos in Lebanon stymied evacuation plans.
[DatePublished] => 2006-08-06 00:00:00 [ColumnID] => 135304 [Focus] => 0 [AuthorID] => 1804858 [AuthorName] => Federico D. Pascual Jr. [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [3] => Array ( [ArticleID] => 347875 [Title] => 100% power rate hike ikinakasa [Summary] => Kasunod ng pinangangambahang pagtaas sa halaga ng langis na P8 kada litro sa Setyembre dahil sa dikta ng pandaigdig na merkado, malamang na aabot din ng higit sa 100 porsyento ang halaga ng elektrisidad sa sandaling mapasakamay ng isang Malaysian firm ang 600-megawatt na Masinloc coal fire-plant sa Zambales. [DatePublished] => 2006-07-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [4] => Array ( [ArticleID] => 347637 [Title] => Way out of the rut [Summary] => The disturbing saga of the Masinloc privatization has reached preposterous heights.

PSALM, led by its chairman, Finance Secretary Gary Teves, has granted another 40-day extension to YNN via some technicality they’re invoking. They say it’s not really terminated until 30 days after they served the notice last July 11th, which means YNN has until Aug. 11 to come up with the 40 percent downpayment ($227 million) on the purchase price for Masinloc of $562 million.
[DatePublished] => 2006-07-16 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 346724 [Title] => YNN given another 36 days to pay upfront! [Summary] => MERALCO THE KEY: The key to the Masinloc mystery appears to be the Manila Electric Co. (Meralco), the Lopez-managed giant power distribution firm where government has four nominees in the 11-member board.

If Meralco does not sign a long-term supply contract with YNN Pacific Consortium by Aug. 6 to buy power from the 600-megawatt power plant in Masinloc, Zambales, YNN’s elaborate scheme to acquire, then sell, the coal-fired plant is likely to collapse.
[DatePublished] => 2006-07-11 00:00:00 [ColumnID] => 135304 [Focus] => 0 [AuthorID] => 1804858 [AuthorName] => Federico D. Pascual Jr. [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [6] => Array ( [ArticleID] => 346372 [Title] => Piranha eggs may end up in local waterways [Summary] => BEHIND THE SCENE: Somebody very close to President Gloria Arroyo is directing high-level government moves to deliver the 600-megawatt power plant in Masinloc, Zambales, to the Malaysian firm Ranhill Berhad without the required public bidding.

That is the only logical explanation for the granting of another 30-day extension for YNN Pacific Consortium, which won the Masinloc plant with a $561-million bid, to pay the $227-million down payment after failing to meet three prior deadlines.
[DatePublished] => 2006-07-09 00:00:00 [ColumnID] => 136322 [Focus] => 0 [AuthorID] => 1804858 [AuthorName] => Federico D. Pascual Jr. [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [7] => Array ( [ArticleID] => 345339 [Title] => PSALM assures privatization on track despite Masinloc setback [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) has assured that the privatization of other generating assets of the National Power Corp. (Napocor) will continue despite a major setback encountered in the sale of the 600-megawatt (MW) Masinloc power plant.

Masinloc was supposed to be the first big-ticket item sold by PSALM and should have been the government’s benchmark in selling a power plant without a supply contract.
[DatePublished] => 2006-07-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 345154 [Title] => PSALM to rebid Masinloc facility [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) has decided to rebid the 600-megawatt (MW) Masinloc coal-fired power facility after YNN Pacific Consortium Inc. and its partner Ranhill Berhad of Malaysia failed to pay the $227.54 million downpayment last Friday.

At the same time, PSALM forfeited the $14-million performance bond posted by the YNN group.

The decision was arrived at as PSALM’s board stood firm on not giving in to another extension of the payment of the 40 percent upfront cash.
[DatePublished] => 2006-07-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 344838 [Title] => Malacañang amenable to extending deadline to YNN-Ranhill [Summary] => Citing national interest, Malacañang said yesterday it is amenable to extending the deadline given to YNN-Ranhill consortium to pay $227.54 million as a down payment for the purchase of a 600-kilowatt power plant in Masinloc, Zambales.

Presidential chief of staff Michael Defensor did not say how much slack would be extended to YNN-Ranhill but said the government would immediately rescind the contract of sale with the consortium if a new buyer comes along with the money for the coal-fired power plant.
[DatePublished] => 2006-07-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805432 [AuthorName] => Paolo Romero [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
RANHILL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 391092
                    [Title] => Malaysia’s Ranhill still keen on Napocor assets
                    [Summary] => 



Malaysian conglomerate Ranhill Berhad is still keen on participating in the bidding for the assets of National Power Corp. (Napocor), highly-placed industry sources said.


The sources, however, said Ranhill’s participation in Napocor’s privatization will depend on the success of the bidding for the 600-megawatt Masinloc coal-fired power plant in July.

"They should be interested if all goes well for Masinloc,"a source said, adding that Ranhill has also yet to formally express its interest in the Napocor assets.
[DatePublished] => 2007-03-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 387656 [Title] => Malaysian firm eyes PBWRC joint venture [Summary] => Newly formed Pilipinas Bulk Water Resources Corporation (PBWRC) is currently negotiating with Malaysia-based Ranhill Engineers and Constructors Sdn. Bhd., for a possible business partnership.

PBWRC, led by businessman Michel Lhuillier initially announced to embark on a P3 billion bulk water supply project in Metro Cebu, as the company's flagship project.
[DatePublished] => 2007-03-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [2] => Array ( [ArticleID] => 351260 [Title] => Ever so slow, we lost chance to flee Beirut [Summary] => SLOW TO ACT: There are at least P5 billion in workers’ welfare funds and millions more in pork barrel and the President’s contingency and intelligence funds, but the money being received by the Philippine embassy in Beirut for the evacuation of Filipinos was coming in trickles.

The Israelis suspended for 48 hours bombing Lebanon to give non-combatants time to leave, but we failed to take advantage of the lull. The quarrel over funds and the difficulty of physically gathering Filipinos in Lebanon stymied evacuation plans.
[DatePublished] => 2006-08-06 00:00:00 [ColumnID] => 135304 [Focus] => 0 [AuthorID] => 1804858 [AuthorName] => Federico D. Pascual Jr. [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [3] => Array ( [ArticleID] => 347875 [Title] => 100% power rate hike ikinakasa [Summary] => Kasunod ng pinangangambahang pagtaas sa halaga ng langis na P8 kada litro sa Setyembre dahil sa dikta ng pandaigdig na merkado, malamang na aabot din ng higit sa 100 porsyento ang halaga ng elektrisidad sa sandaling mapasakamay ng isang Malaysian firm ang 600-megawatt na Masinloc coal fire-plant sa Zambales. [DatePublished] => 2006-07-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [4] => Array ( [ArticleID] => 347637 [Title] => Way out of the rut [Summary] => The disturbing saga of the Masinloc privatization has reached preposterous heights.

PSALM, led by its chairman, Finance Secretary Gary Teves, has granted another 40-day extension to YNN via some technicality they’re invoking. They say it’s not really terminated until 30 days after they served the notice last July 11th, which means YNN has until Aug. 11 to come up with the 40 percent downpayment ($227 million) on the purchase price for Masinloc of $562 million.
[DatePublished] => 2006-07-16 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 346724 [Title] => YNN given another 36 days to pay upfront! [Summary] => MERALCO THE KEY: The key to the Masinloc mystery appears to be the Manila Electric Co. (Meralco), the Lopez-managed giant power distribution firm where government has four nominees in the 11-member board.

If Meralco does not sign a long-term supply contract with YNN Pacific Consortium by Aug. 6 to buy power from the 600-megawatt power plant in Masinloc, Zambales, YNN’s elaborate scheme to acquire, then sell, the coal-fired plant is likely to collapse.
[DatePublished] => 2006-07-11 00:00:00 [ColumnID] => 135304 [Focus] => 0 [AuthorID] => 1804858 [AuthorName] => Federico D. Pascual Jr. [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [6] => Array ( [ArticleID] => 346372 [Title] => Piranha eggs may end up in local waterways [Summary] => BEHIND THE SCENE: Somebody very close to President Gloria Arroyo is directing high-level government moves to deliver the 600-megawatt power plant in Masinloc, Zambales, to the Malaysian firm Ranhill Berhad without the required public bidding.

That is the only logical explanation for the granting of another 30-day extension for YNN Pacific Consortium, which won the Masinloc plant with a $561-million bid, to pay the $227-million down payment after failing to meet three prior deadlines.
[DatePublished] => 2006-07-09 00:00:00 [ColumnID] => 136322 [Focus] => 0 [AuthorID] => 1804858 [AuthorName] => Federico D. Pascual Jr. [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [7] => Array ( [ArticleID] => 345339 [Title] => PSALM assures privatization on track despite Masinloc setback [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) has assured that the privatization of other generating assets of the National Power Corp. (Napocor) will continue despite a major setback encountered in the sale of the 600-megawatt (MW) Masinloc power plant.

Masinloc was supposed to be the first big-ticket item sold by PSALM and should have been the government’s benchmark in selling a power plant without a supply contract.
[DatePublished] => 2006-07-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 345154 [Title] => PSALM to rebid Masinloc facility [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) has decided to rebid the 600-megawatt (MW) Masinloc coal-fired power facility after YNN Pacific Consortium Inc. and its partner Ranhill Berhad of Malaysia failed to pay the $227.54 million downpayment last Friday.

At the same time, PSALM forfeited the $14-million performance bond posted by the YNN group.

The decision was arrived at as PSALM’s board stood firm on not giving in to another extension of the payment of the 40 percent upfront cash.
[DatePublished] => 2006-07-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 344838 [Title] => Malacañang amenable to extending deadline to YNN-Ranhill [Summary] => Citing national interest, Malacañang said yesterday it is amenable to extending the deadline given to YNN-Ranhill consortium to pay $227.54 million as a down payment for the purchase of a 600-kilowatt power plant in Masinloc, Zambales.

Presidential chief of staff Michael Defensor did not say how much slack would be extended to YNN-Ranhill but said the government would immediately rescind the contract of sale with the consortium if a new buyer comes along with the money for the coal-fired power plant.
[DatePublished] => 2006-07-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805432 [AuthorName] => Paolo Romero [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
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