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                    [ArticleID] => 173032
                    [Title] => Sovereign Group eyes RP pre-need, banking sectors
                    [Summary] => The Sovereign Group, a diversified financial services company headed by Singaporean and American nationals, is setting its sights on the Philippine pre-need and banking industries to further augment its profitability and beef up its presence in the Asian-Pacific region.


An industry source said the Sovereign Group is in discussions with the owners of Asian Diamond Plans for the acquisition of the pre-need firm. Upon its entry into the company, the foreign group plans to raise the paid-up capital of Asian Diamond Plans to P100 million from P50 million.


                    [DatePublished] => 2002-08-22 00:00:00
                    [ColumnID] => 133272
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                    [SectionName] => Business
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SINGAPOREAN AND AMERICAN

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                    [ArticleID] => 173032
                    [Title] => Sovereign Group eyes RP pre-need, banking sectors
                    [Summary] => The Sovereign Group, a diversified financial services company headed by Singaporean and American nationals, is setting its sights on the Philippine pre-need and banking industries to further augment its profitability and beef up its presence in the Asian-Pacific region.


An industry source said the Sovereign Group is in discussions with the owners of Asian Diamond Plans for the acquisition of the pre-need firm. Upon its entry into the company, the foreign group plans to raise the paid-up capital of Asian Diamond Plans to P100 million from P50 million.


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abtest

Sovereign Group eyes RP pre-need, banking sectors

August 22, 2002 - 12:00am

The Sovereign Group, a diversified financial services company headed by Singaporean and American nationals, is setting its sights on the Philippine pre-need and banking industries to further augment its profitability...

Business