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                    [ArticleID] => 95801
                    [Title] => Nenaco moves to trim deficit
                    [Summary] => The Metro Pacific-controlled shipping line Negros Navigation Co. Inc. will undertake a four-pronged program to wipe out about 73 percent of its existing deficit and enhance its attractiveness to potential buyers, the company said in a statement to the Philippine Stock Exchange.


Nenaco corporate information officer Virgenito Torcal said the firm’s board of directors had unanimously approved a change in its capital restructuring in order to reduce its retained deficit of approximately P3 billion at end-2000.


                    [DatePublished] => 2001-04-18 00:00:00
                    [ColumnID] => 133272
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TORCAL

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                    [Title] => Nenaco moves to trim deficit
                    [Summary] => The Metro Pacific-controlled shipping line Negros Navigation Co. Inc. will undertake a four-pronged program to wipe out about 73 percent of its existing deficit and enhance its attractiveness to potential buyers, the company said in a statement to the Philippine Stock Exchange.


Nenaco corporate information officer Virgenito Torcal said the firm’s board of directors had unanimously approved a change in its capital restructuring in order to reduce its retained deficit of approximately P3 billion at end-2000.


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abtest

Nenaco moves to trim deficit

April 18, 2001 - 12:00am

The Metro Pacific-controlled shipping line Negros Navigation Co. Inc. will undertake a four-pronged program to wipe out about 73 percent of its existing deficit and enhance its attractiveness to potential buyers,...

Business