^
+ Follow CECILIA PESAYCO Tag
CECILIA PESAYCO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1383213
                    [Title] => Tan to buy out PAL minority owners
                    [Summary] => 

The Lucio Tan Group has offered to buy out the minority shareholders of national flag carrier Philippine Airlines Inc. (PAL) at a steep discount as it formally launched a voluntary tender offer.

[DatePublished] => 2014-10-23 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20141023/LucioTan-1.jpg ) [1] => Array ( [ArticleID] => 1382446 [Title] => PAL Holdings to remain listed – Tan [Summary] =>

Taipan Lucio Tan committed yesterday to keep the parent firm of Philippine Airlines Inc. (PAL) listed at the Philippine Stock Exchange (PSE) amid the ongoing voluntary tender offer to buy out the minority shareholders of the national flag carrier.

[DatePublished] => 2014-10-21 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 960461 [Title] => SEC okays PAL bid to issue more shares to comply with minimum public float [Summary] =>

The Securities and Exchange Commission (SEC) has given the parent firm of national flag carrier Philippine Airlines (PAL) the green light to raise its authorized capital stock to issue more shares in compliance with the minimum public ownership requirement of the Philippine Stock Exchange (PSE).

[DatePublished] => 2013-07-02 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 958999 [Title] => PAL beats PSE deadline on 10% public float rule [Summary] =>

The parent firm of flag carrier Philippine Airlines (PAL) – jointly owned by taipan Lucio Tan and diversified conglomerate San Miguel Corp. (SMC) – has complied with the 10-percent minimum public float requirement of the Philippine Stock Exchange (PSE).

[DatePublished] => 2013-06-28 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 958159 [Title] => PAL Holdings to hike capital [Summary] =>

The parent firm of national flag carrier Philippine Airlines (PAL) is seeking the green light from the Securities and Exchange Commission (SEC) to beef up its capital stock to comply with the minimum public ownership requirement of the Philippine Stock Exchange (PSE).

[DatePublished] => 2013-06-26 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 952881 [Title] => PSE confirms Tan shopping for buyer for PAL stake [Summary] =>

Tycoon Lucio Tan is in talks with interested investors for the sale of its majority stake in the flag carrier.

[DatePublished] => 2013-06-12 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1473425 [AuthorName] => Louella Desiderio [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 905275 [Title] => PAL parent firm raising capital to P30B [Summary] =>

Publicly-listed PAL Holdings Inc., the parent firm of national flag carrier Philippine Airlines (PAL), is further beefing up its capital stock by another 30 percent to beef up its capitalization to fund the airline’s ongoing re-fleeting program.

[DatePublished] => 2013-02-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 901123 [Title] => SEC okays PAL capital restructuring [Summary] =>

The Securities and Exchange Commission (SEC) has approved the capital restructuring of national flag carrier Philippine Airlines (PAL) to accommodate the entry of diversified conglomerate San Miguel Corp. (SMC) and pursue its aggressive re-fleeting program involving the acquisition of 100 aircraft.

[DatePublished] => 2013-01-26 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 888672 [Title] => SEC okays capital hike of PAL Holdings [Summary] =>

Publicly-listed PAL Holdings Inc., the parent firm of national flag carrier Philippine Airlines (PAL), has been given the green light by the Securities and Exchange Commission (SEC) to beef up its capitalization to fund the airline’s ongoing re-fleeting program.

[DatePublished] => 2012-12-22 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 888366 [Title] => SEC thumbs down PAL request for rule deadline [Summary] =>

The Securities and Exchange Commission (SEC) has denied the request of PAL Holdings Inc. – the parent firm of national flag carrier Philippine Airlines (PAL) - for an extension in the compliance with the minimum public ownership requirement of the Philippine Stock Exchange (PSE).

[DatePublished] => 2012-12-21 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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