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                    [ArticleID] => 230930
                    [Title] => AGPI plans quasi-reorg to wipe out capital deficiency
                    [Summary] => AGP Industrial Corp. will embark on a quasi-reorganization program aimed at wiping out its capital deficiency, the company told the Philippine Stock Exchange.


Under the plan, AGPI will raise its authorized capital stock and reduce the par value of its shares.  The company will also ask its shareholders for a written waiver of their pre-emptive rights.  


AGPI said a memorandum of agreement is expected to be signed between the company and its new investors.  There will also be a project study on the company’s future operations.


                    [DatePublished] => 2003-12-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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TRANS-PHILIPPINES INVESTMENT CORP

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                    [ArticleID] => 230930
                    [Title] => AGPI plans quasi-reorg to wipe out capital deficiency
                    [Summary] => AGP Industrial Corp. will embark on a quasi-reorganization program aimed at wiping out its capital deficiency, the company told the Philippine Stock Exchange.


Under the plan, AGPI will raise its authorized capital stock and reduce the par value of its shares.  The company will also ask its shareholders for a written waiver of their pre-emptive rights.  


AGPI said a memorandum of agreement is expected to be signed between the company and its new investors.  There will also be a project study on the company’s future operations.


                    [DatePublished] => 2003-12-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

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AGPI plans quasi-reorg to wipe out capital deficiency

By Zinnia B. Dela Peña | December 9, 2003 - 12:00am

AGP Industrial Corp. will embark on a quasi-reorganization program aimed at wiping out its capital deficiency, the company told the Philippine Stock Exchange. Under the plan, AGPI will raise its authorized capital...

Business