^
+ Follow AVENUE ASIA Tag
AVENUE ASIA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1286657
                    [Title] => Bullish on infrastructure
                    [Summary] => 

Cito Beltran and I dropped in on Ramon S. Ang for lunch last Thursday at his invitation. We were surprised to see other guests including Jean Todt, a French motor sport executive better known hereabouts as the husband of Malaysian actress, the Bond Girl Michelle Yeoh.

[DatePublished] => 2014-02-05 00:00:00 [ColumnID] => 133182 [Focus] => 0 [AuthorID] => 1804837 [AuthorName] => Boo Chanco [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 605723 [Title] => MPTC raises stake in Skyway [Summary] =>

Metro Pacific Tollways Corp. (MPTC) has raised its stake in Citra Metro Manila Tollways Corp. (CMMTC) – the operator of the Skyway  to almost three percent.

[DatePublished] => 2010-08-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 522419 [Title] => Metro Pacific raises stake in Skyway project [Summary] =>

Metro Pacific Tollways Corp. (MPTC), the local infrastructure and tollways unit of Hong Kong-based conglomerate First Pacific Co. Ltd., has forged an agreement with the Citra Group of Indonesia to acquire an additional 11-percent stake in Citra Metro Manila Tollways Corp. (CMMTC).

[DatePublished] => 2009-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 28886 [Title] => Lopez group wins 60% stake in PNOC-EDC [Summary] => [DatePublished] => 2007-11-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [4] => Array ( [ArticleID] => 26995 [Title] => SMC, Avenue Asia of US to bid for PNOC-EDC [Summary] => [DatePublished] => 2007-11-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 392153 [Title] => BPI sells P3.75-B bad loans to BA [Summary] => The Bank of the Philippine Islands (BPI) has P3.75 billion worth of non-performing loans (NPLs) to the Bank of America NA in a bidding last March 23.

"BPI and the Bank of America shall now commence negotiations for the finalization of the relevant sale documentation," Carlos B. Aquino, BPI vice president and corporate secretary, said in a report to the Philippine Stock Exchange (PSE).

In the middle of 2006, the Ayala-led universal bank sold P6.3 billion worth of NPLs through a sale and purchase agreement with Avenue Asia.
[DatePublished] => 2007-03-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 345697 [Title] => Mimosa Leisure Estate Bidding: CDC withdraws award to Fil-Korean venture [Summary] => CLARK FIELD, Pampanga — The Clark Development Corp. (CDC) withdrew yesterday the award it gave to a Korean-Filipino venture for the operation and management of the sprawling Mimosa leisure estate here after the company allegedly failed to comply with some requirements that were agreed upon.

"The CDC board has decided to revoke the award to NTM Jin Hung joint venture of South Korea and consider the Mimosa bidding a failure," CDC president and chief executive officer Antonio Ng said.
[DatePublished] => 2006-07-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [7] => Array ( [ArticleID] => 345870 [Title] => Mimosa Leisure Estate Bidding: CDC withdraws award to Fil-Korean venture [Summary] => CLARK FIELD, Pampanga — The Clark Development Corp. (CDC) withdrew yesterday the award it gave to a Korean-Filipino venture for the operation and management of the sprawling Mimosa leisure estate here after the company allegedly failed to comply with some requirements that were agreed upon.

"The CDC board has decided to revoke the award to NTM Jin Hung joint venture of South Korea and consider the Mimosa bidding a failure," CDC president and chief executive officer Antonio Ng said.
[DatePublished] => 2006-07-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [8] => Array ( [ArticleID] => 342326 [Title] => Mimosa bidding aboveboard, CDC asserts [Summary] => CLARK FIELD, Pampanga — Officials of the Clark Development Corp. (CDC) met here the other day with their critics to assert that the awarding of the Mimosa leisure estate to a Korean-Filipino joint venture was aboveboard.

This, after Angeles City Mayor Carmelo Lazatin and Mabalacat Mayor Marino Morales alleged lack of transparency in the bidding won by the Korean-Filipino NTM Jin Hung Corp., which offered a minimum bid of P1.65 billion.
[DatePublished] => 2006-06-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804849 [AuthorName] => Ding Cervantes [SectionName] => Nation [SectionUrl] => nation [URL] => ) [9] => Array ( [ArticleID] => 341794 [Title] => Controversy hounds Mimosa award to Korean company [Summary] => CLARK FIELD, Pampanga — Officials of the Clark Development Corp. (CDC) said the government stands to immediately earn at least P650 million in the full privatization of the sprawling Mimosa Leisure Estate here amid allegations of irregularities when it was awarded to a Korean company recently.

CDC president Antonio Ng said the winning bidder for Mimosa will pay the CDC P500 million in cash, and P150 million more for the Bureau of Internal Revenue and the Philippine Gaming and Amusement Corp. (Pagcor).
[DatePublished] => 2006-06-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) ) )
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