^
+ Follow SCHOLARS TRUST FUND Tag
SCHOLARS TRUST FUND
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 321930
                    [Title] => Pre-need firm TPG Corp submits self for court rehab
                    [Summary] => In line with its plan to transform itself into an investment holding company, pre-need firm Professional Financial Plans (TPG Corp.) has sought corporate rehabilitation with the Makati Regional Trial Court.


TPG is the fourth pre-need firm to seek refuge from the court for a moratorium on its debt payments to ensure continued operations.
[DatePublished] => 2006-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 314139 [Title] => Pre-need firm encountering cash flow problems [Summary] => TPG Corp., another pre-need firm that offered open-ended educational plans, is reportedly experiencing cash flow problems.

An official of the Securities and Exchange Commission (SEC) said TPG is one of the pre-need firms that have held exploratory talks with the commission on how it plans to address its financial problem.

The SEC official said TPG plans to convert the payments due to planholders into equity as a way to solve its financial problem.
[DatePublished] => 2005-12-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 293482 [Title] => Pre-need firm TPG in talks with investor groups [Summary] => Pre-need firm TPG Corp. said it is in talks with at least two investor-groups that will make it a much bigger and stronger company.

"We’re talking to two reputable groups that would make us 10 times stronger," TPG chairman Francisco Colayco said in a press briefing yesterday.

Colayco made this statement as he assured the firm’s planholders that management is doing everything it can to safeguard the interest of investors. He, however, declined to identify the prospective investors as talks are still ongoing.
[DatePublished] => 2005-08-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with