^
+ Follow ASIAN INFRASTRUCTURE FUND Tag
ASIAN INFRASTRUCTURE FUND
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 415336
                    [Title] => Benpres loses P841M in 9 mos on lower earnings, forex losses
                    [Summary] => Benpres Holdings Corp.
                    [DatePublished] => 2008-11-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 31314
                    [Title] => Benpres, Lopez Inc pay off $43-M debt
                    [Summary] => 
            
                    [DatePublished] => 2007-12-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 198891
                    [Title] => Lopezes ready to sell BayanTel, MNTC
                    [Summary] => Except for its interests in the power and media businesses, Benpres Holdings Corp. is prepared to completely let go of its non-core assets such as BayanTel and Manila North Tollways Corp. (MNTC) to raise more capital for its balance sheet rebuilding, company officials said yesterday. 

[DatePublished] => 2003-03-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 195114 [Title] => AIF seeks court ruling on BayanTel shares [Summary] => AIG’s Asian Infrastructure Fund (AIF) has filed a motion for summary judgment with a New York state court against Benpres Holdings Corp. and its subsidiary Bayan Telecommunications Holdings Corp. over claims of about $44.485-million worth of option shares in BayanTel.

Benpres corporate secretary Enrique Quiason told the Philippine Stock Exchange that the motion was in lieu of the civil suit filed last Dec. 19, 2002 by AIF before a federal trial court in New York.
[DatePublished] => 2003-02-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 190880 [Title] => AIF files suit vs Benpres, BayanTel [Summary] => The AIG Asian Infrastructure Fund (AIF) has filed a civil suit against the Lopez-controlled Benpres Holdings Corp. and its subsidiary Bayan Telecommunications Holdings Corp. over the payment of the option shares AIF has invested in Bayantel.

Benpres corporate secretary Enrique Quiason told the Philippine Stock Exchange that the suit was filed last Dec. 19 before a US federal trial court in New York, alleging violations of the US federal securities law and the New York state law.
[DatePublished] => 2003-01-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 182964 [Title] => Foreign investor wants out of BayanTel [Summary] => Another foreign investor group wants out of Bayan Telecommunications Holdings Corp. (BayanTel), putting its parent firm Benpres Holdings Corp. in another liquidity squeeze.

Benpres corporate secretary Enrique Quiason told the Philippine Stock Exchange that JP Morgan Partners (BHCA), L.P. and Chase Manhattan International Finance Ltd. had informed the company that they are also exercising the option to require Benpres to acquire class A shares in BayanTel.
[DatePublished] => 2002-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 182086 [Title] => AIF wants to cash in BayanTel option shares [Summary] => Asian Infrastructure Fund, the regional investment arm of the AIG Group, has demanded payment for its option shares in Bayan Telecommunications Holdings Corp. or BayanTel, one of the most debt-laden units in the Benpres group.

Benpres corporate secretary Enrique Quiason told the Philippine Stock Exchange that the company has received notice last Oct. 25 from AIF, informing them that it is exercising the option to require Benpres to acquire or buy back class A shares held by AIF in BayanTel, which is 47.32-percent owned by Benpres.
[DatePublished] => 2002-10-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 151380 [Title] => PLDT to sell less than 12% of Smart to AIG [Summary] => An improvement in its cash flow and the availability of other financing sources have prodded telecommunications leader Philippine Long Distance Telephone Co. (PLDT) to further reduce the stake... [DatePublished] => 2002-02-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 151250 [Title] => AIG to acquire 12% of Smart for P12-B [Summary] => Leading US firm American International Group, Inc. (AIG) and Philippine mobile phone service provider Smart Communications Inc. are in the final stretches of negotiations over the infusion by AIG of around $240 million (over P12 billion) in exchange for a 12-percent stake in the Philippine Long Distance Telephone Co. (PLDT) subsidiary. [DatePublished] => 2002-02-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 150689 [Title] => BayanTel eyes Verizon as strategic partner [Summary] => Lopez-owned Bayan Telecommunications Inc. (BayanTel) is seriously considering American company Verizon Communications Inc. as its strategic partner that will put in either new money and/or technological expertise in a still-to-be-formed mobile phone service business.

BayanTel chief finance officer Gary Olivar said in an interview yesterday that although it is too early to firm up plans for its impending mobile phone service, the company is "more or less keeping its options open. The ideal situation would be is to set up a subsidiary," Olivar said.
[DatePublished] => 2002-02-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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