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                    [ArticleID] => 96426
                    [Title] => Villegas backed as VMC mancom member
                    [Summary] => Sugar firm Victorias Milling Co. has recommended economist Dr. Bernardo Villegas to fill up the vacancy in the seven-man management committee (mancom) created by the Securities and Exchange Commission to oversee the company’s rehabilitation.


In an urgent motion to the SEC, VMC said the vacuum in the mancom needs to be filled up to speed up the debt restructuring and rehabilitation of the sugar company.


                    [DatePublished] => 2001-03-16 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 98345
                    [Title] => VMC ‘white knight’ mulls assistance for sugar sector
                    [Summary] => The London-based firm planning to infuse $153 million into cash-strapped Victorias Milling Co. (VMC) also appears to be considering the establishment of a financial institution for the country’s sugar industry.


Romeo Hermoso, VMC chief finance officer, said the Kest Quartermain Venture Capital Partners Ltd. (KQVCPL) which offered to bail out the debt-saddled sugar miller also intends to create a financing system for struggling firms.


                    [DatePublished] => 2000-12-27 00:00:00
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                    [ArticleID] => 98296
                    [Title] => UK group offers to bail out VMC
                    [Summary] => Victorias Milling Co. (VMC), which has secured the go-signal from the Securities and Exchange Commission to carry out its rehabilitation plan, appears to have found  its "white knight" to avert insolvency.


Romeo Hermoso, VMC chief financial officer, said that London-based Kest Quartermain Venture Capital Partners Ltd. (KQVCPL) and General Electric Corporation (GE Capital) have offered to infuse $153 million in the debt-saddled sugar milling firm to help it get back on its feet.


                    [DatePublished] => 2000-12-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1203478
                    [AuthorName] => by Rommel Ynion
                    [SectionName] => Business
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                    [ArticleID] => 98034
                    [Title] => Victorias Milling modifies rehab plan
                    [Summary] => Victorias Milling Co. (VMC), which is struggling to fasttrack its comeback in the sugar milling industry, has recently modified its alternative rehabilitation plan submitted to the Securities and Exchange Commission (SEC) earlier this year.


The proposed changes in the rehabilitation program are expected to iron out the differences between the plan mapped out by VMC’s management committee and that of the company’s top management outlining the viability of the sugar miller’s recovery.


                    [DatePublished] => 2000-11-26 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1203478
                    [AuthorName] => by Rommel Ynion
                    [SectionName] => Business
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ROMEO HERMOSO

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                    [ArticleID] => 96426
                    [Title] => Villegas backed as VMC mancom member
                    [Summary] => Sugar firm Victorias Milling Co. has recommended economist Dr. Bernardo Villegas to fill up the vacancy in the seven-man management committee (mancom) created by the Securities and Exchange Commission to oversee the company’s rehabilitation.


In an urgent motion to the SEC, VMC said the vacuum in the mancom needs to be filled up to speed up the debt restructuring and rehabilitation of the sugar company.


                    [DatePublished] => 2001-03-16 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 98345
                    [Title] => VMC ‘white knight’ mulls assistance for sugar sector
                    [Summary] => The London-based firm planning to infuse $153 million into cash-strapped Victorias Milling Co. (VMC) also appears to be considering the establishment of a financial institution for the country’s sugar industry.


Romeo Hermoso, VMC chief finance officer, said the Kest Quartermain Venture Capital Partners Ltd. (KQVCPL) which offered to bail out the debt-saddled sugar miller also intends to create a financing system for struggling firms.


                    [DatePublished] => 2000-12-27 00:00:00
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                    [ArticleID] => 98296
                    [Title] => UK group offers to bail out VMC
                    [Summary] => Victorias Milling Co. (VMC), which has secured the go-signal from the Securities and Exchange Commission to carry out its rehabilitation plan, appears to have found  its "white knight" to avert insolvency.


Romeo Hermoso, VMC chief financial officer, said that London-based Kest Quartermain Venture Capital Partners Ltd. (KQVCPL) and General Electric Corporation (GE Capital) have offered to infuse $153 million in the debt-saddled sugar milling firm to help it get back on its feet.


                    [DatePublished] => 2000-12-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1203478
                    [AuthorName] => by Rommel Ynion
                    [SectionName] => Business
                    [SectionUrl] => business
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                )

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                    [ArticleID] => 98034
                    [Title] => Victorias Milling modifies rehab plan
                    [Summary] => Victorias Milling Co. (VMC), which is struggling to fasttrack its comeback in the sugar milling industry, has recently modified its alternative rehabilitation plan submitted to the Securities and Exchange Commission (SEC) earlier this year.


The proposed changes in the rehabilitation program are expected to iron out the differences between the plan mapped out by VMC’s management committee and that of the company’s top management outlining the viability of the sugar miller’s recovery.


                    [DatePublished] => 2000-11-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1203478
                    [AuthorName] => by Rommel Ynion
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abtest

Villegas backed as VMC mancom member

March 16, 2001 - 12:00am

Sugar firm Victorias Milling Co. has recommended economist Dr. Bernardo Villegas to fill up the vacancy in the seven-man management committee (mancom) created by the Securities and Exchange Commission to oversee...

Business

VMC ‘white knight’ mulls assistance for sugar sector

December 27, 2000 - 12:00am

The London-based firm planning to infuse $153 million into cash-strapped Victorias Milling Co. (VMC) also appears to be considering the establishment of a financial institution for the country’s sugar industry. Romeo...

Business

UK group offers to bail out VMC

By by Rommel Ynion | December 21, 2000 - 12:00am

Victorias Milling Co. (VMC), which has secured the go-signal from the Securities and Exchange Commission to carry out its rehabilitation plan, appears to have found its "white knight" to avert insolvency. Romeo...

Business

Victorias Milling modifies rehab plan

By by Rommel Ynion | November 26, 2000 - 12:00am

Victorias Milling Co. (VMC), which is struggling to fasttrack its comeback in the sugar milling industry, has recently modified its alternative rehabilitation plan submitted to the Securities and Exchange Commission...

Business