ALLENGOAL AND CAPASCO

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                    [ArticleID] => 146207
                    [Title] => No decision yet on NSC lease proposals — SEC
                    [Summary] => The Securities and Exchange Commission (SEC) said it has not reached a decision on the proposal of Voest Alpine to lease the facilities of the defunct National Steel Corp. (NSC). Officials said they would settle the minor motions before resolving the question of lease.


Contrary to earlier reports that Malacañang has picked Voest Alpine’s lease proposal over two others, the hearing panel in charge of NSC’s liquidation said it has not reached a final decision on any of the lease proposals that have been submitted for evaluation.


                    [DatePublished] => 2002-01-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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            [1] => Array
                (
                    [ArticleID] => 143577
                    [Title] => NSC body needs more time to study proposals
                    [Summary] => The National Steel Corp. (NSC) evaluation committee will not  be able to complete its work this year following a delay in the submission of further requirements by the three major proponents to rehabilitate the ailing steel plant.


Allengoal Steel Fabrication and Trading Co. and Cathay Pacific Steel Corp. (Capasco) have asked the NSC evaluation committee for more time to submit additional clarificatory information about their lease offers.


The committee gave the two firms up to Dec. 19 to submit the additional requirements.


                    [DatePublished] => 2001-12-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097285
                    [AuthorName] =>  Marianne  V.  Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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No decision yet on NSC lease proposals — SEC

January 7, 2002 - 12:00am

The Securities and Exchange Commission (SEC) said it has not reached a decision on the proposal of Voest Alpine to lease the facilities of the defunct National Steel Corp. (NSC). Officials said they would settle...

Business

NSC body needs more time to study proposals

By Marianne V. Go | December 14, 2001 - 12:00am

The National Steel Corp. (NSC) evaluation committee will not be able to complete its work this year following a delay in the submission of further requirements by the three major proponents to rehabilitate the ailing...

Business