+ Follow ALLENGOAL STEEL FABRICATION Tag
ALLENGOAL STEEL FABRICATION
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 226756
[Title] => Nat’l Steel creditors start talks with Ispat Global
[Summary] => Creditor banks of National Steel Corp. (NSC) have began negotiations with Ispat Global for the possible lease with option to purchase the mothballed steel firm in Iligan City, Davao.
This was announced yesterday by Trade and Industry Secretary Manuel Roxas II who said that there were three to four proposals to lease NSC, but only two "matured into documented serious bids."
However, Roxas said, the creditor committee is currently negotiating with Ispat Global.
He did not identify the other "serious" bidder.
[DatePublished] => 2003-11-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 223640
[Title] => SEC downplays lawsuit threat over Nat’l Steel Corp lease
[Summary] => Securities and Exchange Commission (SEC) Chairman Lilia R. Bautista has downplayed Allengoal Steel Fabrication & Trading’s Corp.’s threat to pursue legal action if its contract to lease and operate the mothballed facilities of National Steel Corp. (NSC) is not honored by the government.
Bautista said the SEC was not a party to the signing of the lease contract entered into by Allengoal and NSC years after the Philippines’ largest steel maker closed down in 1999.
[DatePublished] => 2003-10-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 223430
[Title] => Allengoal pushes lease with Nat’l Steel
[Summary] => Allengoal Steel Fabrication & Trading asked yesterday the Securities and Exchange Commission (SEC) for the immediate implementation of its lease agreement with the National Steel Corp. (NSC) which was executed on May 26, 2000.
In a letter to SEC Chairperson Lilia R. Bautista, Allengoal president Alexander S. Delmo warned that if the lease agreement is not acted upon, the firm would be "constrained to seek all immediate legal remedies" to protect itself.
[DatePublished] => 2003-10-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[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
[URL] =>
)
[4] => Array
(
[ArticleID] => 139015
[Title] => DTI faces ‘difficult’ task of evaluating bids for NSC plant
[Summary] => The National Steel Corp. Evaluation Committee will have a hard time comparing the proposals submitted by Voest Alpine, Cathay Pacific Steel Corp. (CAPASCO) and Allengoal Steel Fabrication & Trading.
Voest Alpine offer is merely to rehabilitate and operate the mothballed NSC plant in Iligan.
CAPASCO, on the other hand, has submitted a lease proposal with a purchase option.
Allengoal, for its part, has basically submitted its earlier lease proposal.
[DatePublished] => 2001-11-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 138186
[Title] => Allengoal insists NSC contract valid
[Summary] => Allengoal Steel Fabrication & Trading has not dropped its claim to operate the monthballed plant of the National Steel Corp. (NSC) despite its decision to submit a new proposal last Friday, Oct. 26, to the evaluation committee.
This was disclosed yesterday by Trade and Industry Secretary Manuel Roxas II who said that Allengoal’s participation in Friday’s solicitation of proposal does not mean that it has dropped its claim. "Not necessarily," he said.
[DatePublished] => 2001-10-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 137827
[Title] => DTI requires NSC bidders to put up P1-B guarantee bond
[Summary] => Prospective bidders vying to operate/lease the National Steel Corp. (NSC) facilities in Iligan City are required to put up a P1- billion cash and guarantee bond under the Terms of Reference (TOR) approved by the Evaluation Committee.
The P1-billion cash and guarantee bonds is being protested by Allengoal Steel Fabrication & Trading which claims that the "unreasonable requirement" is "grossly disproportional to the scope of the supposed lease undertaking" and "gravely discriminates against Filipino bidders in favor of the other interest."
[DatePublished] => 2001-10-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 137591
[Title] => Allengoal ready to join NSC bidding
[Summary] => Allengoal Steel Fabrication & Trading Co. is ready to join the rebidding for the right to operate the mothballed National Steel Corp. (NPC).
Allengoal president Alexander S. Delmo, in a letter sent yesterday to NSC liquidator Danilo Concepcion, indicated that Allengoal will participate in the Oct. 23 bidding on the condition that the evaluation committee issues a clarification on the terms of reference of the bidding.
[DatePublished] => 2001-10-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 137482
[Title] => Allengoal to block new bidding for operation of NSC
[Summary] => Allengoal Steel Fabrication & Trading is determined to block any further effort to re-bid the operation of the mothballed National Steel Corp. (NSC).
Industry sources said Allengoal is getting a Temporary Restraining Order (TRO) to stop the opening of bids on Oct. 23.
Allengoal, sources added, is also set to question in court the legality of the grant of any new contract to operate the NSC plant in Iligan City.
Allengoal claims that it had already entered into a valid contract with the NSC Liquidator to operate the Iligan plant.
[DatePublished] => 2001-10-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 131804
[Title] => Government draws up guidelines for lease of NSC fa
[Summary] => With the Malaysian owners finally agreeing to get out of National Steel Corp., the government has drawn up the guidelines for the bidding of the steel firm’s plant facilities under a lease contract.
Under the lease project, the financing, rehabilitation, operation and management of NSC’s Iligan plant will be carried out by the winning proponent.
Three groups had earlier offered to reactivate the operations of NSC under lease agreements to maximize the use of the plant facilities since shutting these down in November 1999.
[DatePublished] => 2001-08-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
January 7, 2002 - 12:00am
