^
+ Follow BENPRES Tag
BENPRES
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 613119
                    [Title] => Lopez Inc in talks with creditors for restructuring of P1.8-billion debt
                    [Summary] => 

Lopez Inc. (formerly Benpres Holdings Corp.) is in talks with creditors to restructure P1.8 billion of debt in line with its goal to further pare down obligations, according to a top company official.

[DatePublished] => 2010-09-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 587308 [Title] => SEC okays Benpres name change to Lopez Holdings [Summary] =>

Benpres Holdings Corp. has obtained the Securities and Exchange Commission’s nod to change its corporate name to Lopez Holdings Corp.

[DatePublished] => 2010-06-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 582793 [Title] => Oscar Lopez steps down as Benpres CEO; Manolo takes over [Summary] =>

Oscar Lopez, the patriarch of the Lopez clan, will relinquish his post as chairman and chief executive officer (CEO) of the family-run conglomerate Benpres Holdings Corp. (now Lopez Holdings Corp.) effective tomorrow, June 12, paving the way for his brother, Manolo, to assume the position.

[DatePublished] => 2010-06-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 576028 [Title] => Meralco sale powers Benpres first quarter profit to P11 billion [Summary] =>

Benpres Holdings Corp., the listed investment holding firm of the Lopez family, posted a net income of P11.023 billion in the first three months of the year, a reversal of the P176-million loss incurred in the same period in 2009.

[DatePublished] => 2010-05-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 574327 [Title] => Benpres remains in talks with creditors even as debt level drops [Summary] =>

Benpres Holdings Corp. continues to be in discussions with its creditor-banks even as its debt has been reduced to a manageable level.

[DatePublished] => 2010-05-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 572571 [Title] => Benpres Holdings changes name to Lopez Holdings [Summary] =>

Benpres Holdings Corp. approved yesterday the change of its corporate name to Lopez Holdings Corp.

[DatePublished] => 2010-05-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 540467 [Title] => Rockwell Land may revive IPO plans if conditions are right [Summary] =>

Rockwell Land Corp., the real estate development unit of the Lopez Group, may revive plans to go public depending on market conditions, according to a top company official.

[DatePublished] => 2010-01-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 523637 [Title] => Benpres nets P10.92 billion in January-September [Summary] =>

Benpres Holdings Corp. sustained its profitability in the nine months ending September this year to P10.92 billion, a reversal of the P841-million loss recorded in the same period last year, mainly due to a lower debt level.

[DatePublished] => 2009-11-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 513815 [Title] => Benpres up on Lopez's Meralco sellout report [Summary] =>

Shares of Benpres Holdings Corp. rose 10.29 percent yesterday amid increased speculation of a looming sale by the Lopez family of its shares in power distributor Manila Electric Co. (Meralco).

[DatePublished] => 2009-10-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 498669 [Title] => Benpres trims debt to $70 million [Summary] =>

From a high of $560 million in 2002, Benpres Holdings Corp., the listed investment holding firm of the Lopez family, has trimmed its debt to only $70 million after buying back $260 million in principal debt from its biggest creditor, making a breakthrough in a long-drawn-out debt restructuring effort.

[DatePublished] => 2009-08-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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