AMARI HOLDINGS INC

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                    [ArticleID] => 173241
                    [Title] => Cyber Bay stops work on Coastal Road project
                    [Summary] => Cyber Bay Corp. has suspended reclamation and development works along the Manila-Cavite Coastal Road in southern Metro Manila due to the Supreme Court ruling that nullified this joint venture deal with the government.


                    [DatePublished] => 2002-08-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 172259
                    [Title] => SC decision on PEA-Amari deal to cost gov’t P9.4 billion
                    [Summary] => The government stands to repay about P9.4 billion in expenses incurred by property consortium Cyber Bay Corp. in the suspended Manila-Cavite Coastal Road reclamation and development project, a company official said.


Cyber Bay corporate secretary Ray Espinosa said this is in the event the Supreme Court denies their pending motion for reconsideration over a July 9, 2002 ruling that nullifies the amended joint venture agreement (AJVA) between the Public Estates Authority (PEA) and Central Bay Development Corp., a wholly-owned subisidary of Cyber Bay.


                    [DatePublished] => 2002-08-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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            [2] => Array
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                    [ArticleID] => 169263
                    [Title] => Cyber Bay to challenge SC ruling
                    [Summary] => Publicly-listed property development firm Cyber Bay Development Corp. yesterday said it is preparing moves to challenge the recent Supreme Court ruling nullifying its multi-billion peso deal with the government on a massive land reclamation and development project along the coastal portion of Manila.


In a short disclosure to the Philippine Stock Exchange, Cyber Bay said they have received an official copy of the SC decision and have referred this to their legal counsels for proper action.


                    [DatePublished] => 2002-07-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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            [3] => Array
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                    [ArticleID] => 167846
                    [Title] => PSE halts trading of Cyber Bay stocks
                    [Summary] => The Philippine Stock Exchange (PSE) has temporarily halted trading in Cyber Bay Development Corp. as its share price dropped toward the 40 percent floor limit, despite the company’s disclosure that it has not yet received formal notice of the Supreme Court decision nullifying its deal with the Public Estates Authority (PEA).


The biggest loser in yesterday’s trades, Cyber Bay’s shares dropped 12 centavos to 18 centavos on total volume of 10.18 million valued at nearly P2 million.


                    [DatePublished] => 2002-07-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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Cyber Bay stops work on Coastal Road project

By Christina Mendez | August 24, 2002 - 12:00am

Cyber Bay Corp. has suspended reclamation and development works along the Manila-Cavite Coastal Road in southern Metro Manila due to the Supreme Court ruling that nullified this joint venture deal with the gove...

Business

SC decision on PEA-Amari deal to cost gov’t P9.4 billion

By Christina Mendez | August 16, 2002 - 12:00am

The government stands to repay about P9.4 billion in expenses incurred by property consortium Cyber Bay Corp. in the suspended Manila-Cavite Coastal Road reclamation and development project, a company official said. Cyber...

Business

Cyber Bay to challenge SC ruling

By Christina Mendez | July 23, 2002 - 12:00am

Publicly-listed property development firm Cyber Bay Development Corp. yesterday said it is preparing moves to challenge the recent Supreme Court ruling nullifying its multi-billion peso deal with the government on...

Business

PSE halts trading of Cyber Bay stocks

By Christina Mendez | July 11, 2002 - 12:00am

The Philippine Stock Exchange (PSE) has temporarily halted trading in Cyber Bay Development Corp. as its share price dropped toward the 40 percent floor limit, despite the company’s disclosure that it has not...

Business