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                    [ArticleID] => 194351
                    [Title] => Global Equities closes plant of subsidiary
                    [Summary] => Publicly-listed holding firm Global Equities Inc. (GEI) has permanently  closed the manufacturing plant of its wholly-owned subsidiary Adamson and  Adamson Inc. (AAI) in Muntinlupa City ahead of a major corporate restructuring and  expansion program.


GEI corporate information officer Arsenio Cabrera Jr. told the Philippine  Stock Exchange that the company’s board has given the go-signal to a  shake-up in AAI’s management and other measures "to improve efficiency, cut  costs and maintain its market share in the health care products industry."


                    [DatePublished] => 2003-02-06 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 132756
                    [Title] => Global Equities shelves IT conversion plan
                    [Summary] => Global Equities Inc. (GEI) has put off a plan to convert itself into an information technology (IT) company following the scrapping of a share-swap deal with the STI group, a company official told the Philippine Stock Exchange.


GEI corporate information officer Arsenio Cabrera Jr. said company chairman Nora Bitong is prepared to recommend to the board of directors the scrapping of the quasi-reorganization.


"GEI instead will focus on its old economy assets and drop its earlier plans to convert GEI into an IT company," Cabrera said.


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ARSENIO CABRERA JR.

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                    [ArticleID] => 194351
                    [Title] => Global Equities closes plant of subsidiary
                    [Summary] => Publicly-listed holding firm Global Equities Inc. (GEI) has permanently  closed the manufacturing plant of its wholly-owned subsidiary Adamson and  Adamson Inc. (AAI) in Muntinlupa City ahead of a major corporate restructuring and  expansion program.


GEI corporate information officer Arsenio Cabrera Jr. told the Philippine  Stock Exchange that the company’s board has given the go-signal to a  shake-up in AAI’s management and other measures "to improve efficiency, cut  costs and maintain its market share in the health care products industry."


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                    [ArticleID] => 132756
                    [Title] => Global Equities shelves IT conversion plan
                    [Summary] => Global Equities Inc. (GEI) has put off a plan to convert itself into an information technology (IT) company following the scrapping of a share-swap deal with the STI group, a company official told the Philippine Stock Exchange.


GEI corporate information officer Arsenio Cabrera Jr. said company chairman Nora Bitong is prepared to recommend to the board of directors the scrapping of the quasi-reorganization.


"GEI instead will focus on its old economy assets and drop its earlier plans to convert GEI into an IT company," Cabrera said.


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                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

Global Equities closes plant of subsidiary

February 6, 2003 - 12:00am

Publicly-listed holding firm Global Equities Inc. (GEI) has permanently closed the manufacturing plant of its wholly-owned subsidiary Adamson and Adamson Inc. (AAI) in Muntinlupa City ahead of a major corporate...

Business

Global Equities shelves IT conversion plan

September 6, 2001 - 12:00am

Global Equities Inc. (GEI) has put off a plan to convert itself into an information technology (IT) company following the scrapping of a share-swap deal with the STI group, a company official told the Philippine...

Business