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                    [ArticleID] => 240627
                    [Title] => ATR-Kim Eng group to develop former Philtread tire plant in Muntinlupa
                    [Summary] => Filipino-Singaporean investment firm ATR Kim Eng Financial Corp., will issue an additional one million shares in property company Sucat Land to beef up its capitalization to P410 million from P310 million.


Proceeds from the issuance of shares will be used to refinance maturing obligations with longer-term funds.


ATRKE Financial said the scheme will allow holders of the preferred shares to benefit from Sucat Land’s upside once the residential commercial development project goes in full swing as the stock would have convertibility features.


                    [DatePublished] => 2004-02-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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SUCAT LAND

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                    [ArticleID] => 240627
                    [Title] => ATR-Kim Eng group to develop former Philtread tire plant in Muntinlupa
                    [Summary] => Filipino-Singaporean investment firm ATR Kim Eng Financial Corp., will issue an additional one million shares in property company Sucat Land to beef up its capitalization to P410 million from P310 million.


Proceeds from the issuance of shares will be used to refinance maturing obligations with longer-term funds.


ATRKE Financial said the scheme will allow holders of the preferred shares to benefit from Sucat Land’s upside once the residential commercial development project goes in full swing as the stock would have convertibility features.


                    [DatePublished] => 2004-02-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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abtest

ATR-Kim Eng group to develop former Philtread tire plant in Muntinlupa

By Zinnia B. Dela Peña | February 28, 2004 - 12:00am

Filipino-Singaporean investment firm ATR Kim Eng Financial Corp., will issue an additional one million shares in property company Sucat Land to beef up its capitalization to P410 million from P310 million. Proceeds...

Business