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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 178250 [Title] => Chemphil waives right to buy partners stake in joint venture [Summary] => The Chemphil Group will waive its right of first refusal to buy out the shareholdings of Rhodia Consumer Specialties Ltd. in their joint venture firm Chemphil Albright & Wilson Corp. (CAWC).
The company said this is premised on Rhodias offering the same number of shares to third parties at a price and terms of the sale not more favorable than those offered to the company.
Rhodias over 120.536 million shares in CAWC are valued at $3.58 million.
[DatePublished] => 2002-10-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 127961 [Title] => Chemphil plans sale of P200-M assets to pay loans [Summary] => The Chemphil group of compaies plans to sell off some P200-million worth of real estate assets in a bid to raise capital mainly to settle its outstanding liabilities.
Based on financial statements submitted to the Securities and Exchange Commission (SEC), Chemphil (Chemical Industries of the Philippines Inc.) said it is pursuing new business activities as a long-term strategy but as a parent company, its immediate concern is to restructure the current liabilities to long term loans.
[DatePublished] => 2001-07-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
WILSON CORP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 178250 [Title] => Chemphil waives right to buy partners stake in joint venture [Summary] => The Chemphil Group will waive its right of first refusal to buy out the shareholdings of Rhodia Consumer Specialties Ltd. in their joint venture firm Chemphil Albright & Wilson Corp. (CAWC).
The company said this is premised on Rhodias offering the same number of shares to third parties at a price and terms of the sale not more favorable than those offered to the company.
Rhodias over 120.536 million shares in CAWC are valued at $3.58 million.
[DatePublished] => 2002-10-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 127961 [Title] => Chemphil plans sale of P200-M assets to pay loans [Summary] => The Chemphil group of compaies plans to sell off some P200-million worth of real estate assets in a bid to raise capital mainly to settle its outstanding liabilities.
Based on financial statements submitted to the Securities and Exchange Commission (SEC), Chemphil (Chemical Industries of the Philippines Inc.) said it is pursuing new business activities as a long-term strategy but as a parent company, its immediate concern is to restructure the current liabilities to long term loans.
[DatePublished] => 2001-07-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Christina Mendez | October 2, 2002 - 12:00am
By Christina Mendez | July 26, 2001 - 12:00am
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