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+ Follow SHDC Tag
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[Title] => Clark investor bargains with CDC amid failure to deliver P4.84-B investments
[Summary] => CLARK FIELD, Pampanga If its contract with the state-owned Clark Development Corp. were to be followed, the Sacobia Hills Development Corp. (SHDC) should have been delisted as an investor at the Clark Special Economic Zone (CSEZ) after it failed to invest some P4.84 billion it had committed way back in 1997.
[DatePublished] => 2002-10-16 00:00:00
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[AuthorName] => Ding Cervantes
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[Title] => CDC warns delinquent investor
[Summary] => CLARK FIELD, Pampanga The state-owned Clark Development Corp. (CDC) has no choice but to terminate its contract with Sacobia Hills Development Corp. (SHDC) should the company fail within 15 days to finally get its proposed P4.8-billion tourism complex going at the Clark special economic zone, a CDC official said.
The SHDC signed a lease contract with the CDC in January 1997 for the Tru North Golf and Country Club complex, and it subsequently sold shares worth millions of pesos.
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[Title] => Clark investor bargains with CDC amid failure to deliver P4.84-B investments
[Summary] => CLARK FIELD, Pampanga If its contract with the state-owned Clark Development Corp. were to be followed, the Sacobia Hills Development Corp. (SHDC) should have been delisted as an investor at the Clark Special Economic Zone (CSEZ) after it failed to invest some P4.84 billion it had committed way back in 1997.
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[Title] => CDC warns delinquent investor
[Summary] => CLARK FIELD, Pampanga The state-owned Clark Development Corp. (CDC) has no choice but to terminate its contract with Sacobia Hills Development Corp. (SHDC) should the company fail within 15 days to finally get its proposed P4.8-billion tourism complex going at the Clark special economic zone, a CDC official said.
The SHDC signed a lease contract with the CDC in January 1997 for the Tru North Golf and Country Club complex, and it subsequently sold shares worth millions of pesos.
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abtest
By Ding Cervantes | October 16, 2002 - 12:00am
October 1, 2002 - 12:00am
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