+ Follow UNITED OVERSEAS BANK LTD Tag
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[ArticleID] => 813981
[Title] => BDO prices rights offer at P48.60
[Summary] => BDO Unibank Inc. (BDO) has priced its stock rights offering at P48.60 each for approximately 895.2 million common shares to raise around P43.5 billion in fresh capital.
[DatePublished] => 2012-06-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 323800
[Title] => Banco de Oro posts record profit
[Summary] => Banco de Oro (BDO) posted a record net income of P2.54 billion last year, a 29-percent increase over its 2004 income, the bank said in a statement yesterday..
Looking ahead, BDO, the banking arm of the SM Group of retail tycoon Henry Sy, said the profit growth could likely be matched this year.
"The bank will sustain the same performance, the same momentum that was achieved last year," said Nestor Tan, BDO president, in an interview.
[DatePublished] => 2006-03-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 296992
[Title] => MB okays Banco de Oro acquisition of UOB branches
[Summary] => The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, has approved Banco de Oro’s acquisition of the 66 branches of Singapore’s United Overseas Bank Ltd (UOB).
BDO, the banking unit of the SM Group of retail tycoon Henry Sy, signed in May an agreement to acquire UOB’s branch network in the Philippines and certain deposit liabilities for P600 million.
[DatePublished] => 2005-09-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 296472
[Title] => MB set to okay Banco de Oro’s acquisition of UOB’s branches
[Summary] => The Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas (BSP), is likely to approve soon Banco de Oro Universal Bank’s acquisition of the 66 branches of United Overseas Bank (UOB).
"It’s just a matter of time. We expect the MB to discuss the application soon. Definitely, the MB decision will be out within the year," BSP Deputy Governor Nestor Espenilla said yesterday.
Espenilla said the main concern on the BDO’s acquisition of UOB branches is "the acceptance of a structure."
[DatePublished] => 2005-09-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 280058
[Title] => Banco de Oro raises offer size of 5-yr notes to P2.1B
[Summary] => Banco de Oro Universal Bank, the banking unit of the SM Group of retail tycoon Henry Sy, has raised the offer size of its five-year long-term negotiable certificates of time deposits (LTNCD) to P2.1 billion from P1.5 billion due to strong investor demand.
LTNCDs are direct obligations and indebtedness of a bank that carry insurance from the Philippine Deposit Insurance Corp. (PDIC). As a bond deposit, these can be traded in the secondary market.
[DatePublished] => 2005-06-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 279397
[Title] => Banco de Oro eyes 25% profit hike
[Summary] => Banco de Oro Universal Bank (BDO) is eyeing an increase of as much as 25 percent in its net profit this year from the P2-billion profit it posted last year as it beefs up its core businesses and realizes gains from recent acquisitions.
BDO president Nestor Tan said the bank is expecting its net earnings to reach between P2.4 billion to P2.5 billion in 2005.
BDO, the banking unit of retail tycoon Henry Sy, recently acquired the local branches of Singapore’s United Overseas Bank Ltd. for P600 million.
[DatePublished] => 2005-05-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 194118
[Title] => UOBL head in hot water
[Summary] => A Manila court has ordered the deposition of the chairman of the United Overseas Bank Ltd. (UOBL) of Singapore on the controversial buyout deal of the Singaporean investors of the former Westmont Bank now operating under the name United Overseas Bank of the Philippines (UOPB).
[DatePublished] => 2003-02-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[7] => Array
(
[ArticleID] => 168813
[Title] => Minority stockholders’ intervention in UOBP deal too late, says Espiritu group
[Summary] => "Too late."
This was the argument of the Espiritu-led group when it asked the Regional Trial Court of Manila (Branch 46) to deny a minority stockholder’s opposition to the compromise agreement earlier arrived at the buy-out of United Overseas Bank of the Philippines (UOBP) by the Singapore-based United Overseas Bank Ltd. (UOBL).
[DatePublished] => 2002-07-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 167760
[Title] => UOB completes buyout, readies capital hike
[Summary] => United Overseas Bank Ltd. (UOBL), Singapore’s largest private bank, formally acquired the remaining Filipino shareholdings in United Overseas Bank Philippines (UOBP) last Friday night and is now readying the infusion of more funds into UOBP to reposition its local operations and support its growth and capitalize on market opportunities.
"The agreement was beneficial to all the parties and certainly to UOBP which can now concentrate on building up its business as a commercial bank," the Singaporean and Filipino partners said in a joint statement.
[DatePublished] => 2002-07-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 167223
[Title] => UOBP local investors say talks not yet over
[Summary] => Local shareholders of the controversy-rocked United Overseas Bank of the Philippines (UOBP) clarified yesterday that contrary to news reports, there has been no final agreement yet on a bid by their Singaporean counterparts for 100-percent control of the bank through amicable settlement of all fiduciary claims, as well as charges and counter-chargers arising from an intra-corporate dispute.
[DatePublished] => 2002-07-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
UNITED OVERSEAS BANK LTD
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 813981
[Title] => BDO prices rights offer at P48.60
[Summary] => BDO Unibank Inc. (BDO) has priced its stock rights offering at P48.60 each for approximately 895.2 million common shares to raise around P43.5 billion in fresh capital.
[DatePublished] => 2012-06-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 323800
[Title] => Banco de Oro posts record profit
[Summary] => Banco de Oro (BDO) posted a record net income of P2.54 billion last year, a 29-percent increase over its 2004 income, the bank said in a statement yesterday..
Looking ahead, BDO, the banking arm of the SM Group of retail tycoon Henry Sy, said the profit growth could likely be matched this year.
"The bank will sustain the same performance, the same momentum that was achieved last year," said Nestor Tan, BDO president, in an interview.
[DatePublished] => 2006-03-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 296992
[Title] => MB okays Banco de Oro acquisition of UOB branches
[Summary] => The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, has approved Banco de Oro’s acquisition of the 66 branches of Singapore’s United Overseas Bank Ltd (UOB).
BDO, the banking unit of the SM Group of retail tycoon Henry Sy, signed in May an agreement to acquire UOB’s branch network in the Philippines and certain deposit liabilities for P600 million.
[DatePublished] => 2005-09-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 296472
[Title] => MB set to okay Banco de Oro’s acquisition of UOB’s branches
[Summary] => The Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas (BSP), is likely to approve soon Banco de Oro Universal Bank’s acquisition of the 66 branches of United Overseas Bank (UOB).
"It’s just a matter of time. We expect the MB to discuss the application soon. Definitely, the MB decision will be out within the year," BSP Deputy Governor Nestor Espenilla said yesterday.
Espenilla said the main concern on the BDO’s acquisition of UOB branches is "the acceptance of a structure."
[DatePublished] => 2005-09-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 280058
[Title] => Banco de Oro raises offer size of 5-yr notes to P2.1B
[Summary] => Banco de Oro Universal Bank, the banking unit of the SM Group of retail tycoon Henry Sy, has raised the offer size of its five-year long-term negotiable certificates of time deposits (LTNCD) to P2.1 billion from P1.5 billion due to strong investor demand.
LTNCDs are direct obligations and indebtedness of a bank that carry insurance from the Philippine Deposit Insurance Corp. (PDIC). As a bond deposit, these can be traded in the secondary market.
[DatePublished] => 2005-06-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 279397
[Title] => Banco de Oro eyes 25% profit hike
[Summary] => Banco de Oro Universal Bank (BDO) is eyeing an increase of as much as 25 percent in its net profit this year from the P2-billion profit it posted last year as it beefs up its core businesses and realizes gains from recent acquisitions.
BDO president Nestor Tan said the bank is expecting its net earnings to reach between P2.4 billion to P2.5 billion in 2005.
BDO, the banking unit of retail tycoon Henry Sy, recently acquired the local branches of Singapore’s United Overseas Bank Ltd. for P600 million.
[DatePublished] => 2005-05-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 194118
[Title] => UOBL head in hot water
[Summary] => A Manila court has ordered the deposition of the chairman of the United Overseas Bank Ltd. (UOBL) of Singapore on the controversial buyout deal of the Singaporean investors of the former Westmont Bank now operating under the name United Overseas Bank of the Philippines (UOPB).
[DatePublished] => 2003-02-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[7] => Array
(
[ArticleID] => 168813
[Title] => Minority stockholders’ intervention in UOBP deal too late, says Espiritu group
[Summary] => "Too late."
This was the argument of the Espiritu-led group when it asked the Regional Trial Court of Manila (Branch 46) to deny a minority stockholder’s opposition to the compromise agreement earlier arrived at the buy-out of United Overseas Bank of the Philippines (UOBP) by the Singapore-based United Overseas Bank Ltd. (UOBL).
[DatePublished] => 2002-07-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 167760
[Title] => UOB completes buyout, readies capital hike
[Summary] => United Overseas Bank Ltd. (UOBL), Singapore’s largest private bank, formally acquired the remaining Filipino shareholdings in United Overseas Bank Philippines (UOBP) last Friday night and is now readying the infusion of more funds into UOBP to reposition its local operations and support its growth and capitalize on market opportunities.
"The agreement was beneficial to all the parties and certainly to UOBP which can now concentrate on building up its business as a commercial bank," the Singaporean and Filipino partners said in a joint statement.
[DatePublished] => 2002-07-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 167223
[Title] => UOBP local investors say talks not yet over
[Summary] => Local shareholders of the controversy-rocked United Overseas Bank of the Philippines (UOBP) clarified yesterday that contrary to news reports, there has been no final agreement yet on a bid by their Singaporean counterparts for 100-percent control of the bank through amicable settlement of all fiduciary claims, as well as charges and counter-chargers arising from an intra-corporate dispute.
[DatePublished] => 2002-07-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
February 4, 2003 - 12:00am
