+ Follow BUSINESSMAN JOSE CH Tag
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[Title] => Alvarez makes P1-B final payment on Philphos purchase
[Summary] => Businessman Jose Ch. Alvarez has made the last P1-billion payment for the shares of Philippine Phosphate Fertilizer Corp. (Philphos), marking the closure of the government’s last successful attempt at privatizing a state-owned corporation.
A visibly overjoyed, Finance Secretary Jose Isidro Camacho announced late Wednesday night that Alvarez made the payment on schedule as his letters of credit matured.
"It came in, that’s going to help us a lot," Camacho said.
[DatePublished] => 2002-12-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
[SectionUrl] => business
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[1] => Array
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[ArticleID] => 97987
[Title] => Alvarez ups Philphos bid to P3.025 B
[Summary] => Businessman Jose Ch. Alvarez was the lone bidder at yesterday’s public auction for Philippine Phosphate Fertilizer Corp. (Philphos) where he offered to buy the company for P3.025 billion, up from his original bid of P2.5 billion.
Alvarez’s Delphi Holdings Inc. was the only investor group that showed up at the second bidding for Philphos after the Asset Privatization Trust declared a failed bid when the company was first offered for sale in October.
[DatePublished] => 2000-11-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 98818
[Title] => Alvarez group won’t up Philphos bid
[Summary] => Businessman Jose Ch. Alvarez is no longer willing to raise his bid for government’s shares in Philippine Phosphate Fertilizer Corp. (Philphos) and has asked the Asset Privatization Trust (APT) to return his P250-million cash deposit before the scheduled Nov. 22 re-bid.
When the APT conducts the re-bid for the Philphos shares, Alvarez said his consortium would still bid P2.5 billion, the same amount they offered when the shares were first put on the auction block on Oct. 25, 2000.
[DatePublished] => 2000-11-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
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[ArticleID] => 98769
[Title] => Alvarez willing to raise bid for Philphos to P3 billion
[Summary] => Businessman Jose Ch. Alvarez is reportedly willing to raise his bid to as much as P3 billion for government’s shares in the Philippine Phosphate Fertilizer Corp. (Philphos).
After failing to win the public bid conducted by the Asset Privatization Trust (APT), sources said Alvarez is now in the thick of negotiations with the government for the sale of the shares.
According to the source, the Committee on Privatization had given APT the green light to go into a negotiated sale for the Philphos shares after the failed bid in October.
[DatePublished] => 2000-11-08 00:00:00
[ColumnID] => 133272
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BUSINESSMAN JOSE CH
Array
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[results] => Array
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[0] => Array
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[ArticleID] => 187700
[Title] => Alvarez makes P1-B final payment on Philphos purchase
[Summary] => Businessman Jose Ch. Alvarez has made the last P1-billion payment for the shares of Philippine Phosphate Fertilizer Corp. (Philphos), marking the closure of the government’s last successful attempt at privatizing a state-owned corporation.
A visibly overjoyed, Finance Secretary Jose Isidro Camacho announced late Wednesday night that Alvarez made the payment on schedule as his letters of credit matured.
"It came in, that’s going to help us a lot," Camacho said.
[DatePublished] => 2002-12-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 97987
[Title] => Alvarez ups Philphos bid to P3.025 B
[Summary] => Businessman Jose Ch. Alvarez was the lone bidder at yesterday’s public auction for Philippine Phosphate Fertilizer Corp. (Philphos) where he offered to buy the company for P3.025 billion, up from his original bid of P2.5 billion.
Alvarez’s Delphi Holdings Inc. was the only investor group that showed up at the second bidding for Philphos after the Asset Privatization Trust declared a failed bid when the company was first offered for sale in October.
[DatePublished] => 2000-11-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 98818
[Title] => Alvarez group won’t up Philphos bid
[Summary] => Businessman Jose Ch. Alvarez is no longer willing to raise his bid for government’s shares in Philippine Phosphate Fertilizer Corp. (Philphos) and has asked the Asset Privatization Trust (APT) to return his P250-million cash deposit before the scheduled Nov. 22 re-bid.
When the APT conducts the re-bid for the Philphos shares, Alvarez said his consortium would still bid P2.5 billion, the same amount they offered when the shares were first put on the auction block on Oct. 25, 2000.
[DatePublished] => 2000-11-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 98769
[Title] => Alvarez willing to raise bid for Philphos to P3 billion
[Summary] => Businessman Jose Ch. Alvarez is reportedly willing to raise his bid to as much as P3 billion for government’s shares in the Philippine Phosphate Fertilizer Corp. (Philphos).
After failing to win the public bid conducted by the Asset Privatization Trust (APT), sources said Alvarez is now in the thick of negotiations with the government for the sale of the shares.
According to the source, the Committee on Privatization had given APT the green light to go into a negotiated sale for the Philphos shares after the failed bid in October.
[DatePublished] => 2000-11-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
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)
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December 13, 2002 - 12:00am
November 8, 2000 - 12:00am
