^
+ Follow CORAL REEF RESORT Tag
CORAL REEF RESORT
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 700005
                    [Title] => Eton Properties studying prospects on 'Coral Reef '
                    [Summary] => 

Lucio Tan group’s real estate arm, Eton Properties Philippines will start a feasibility study on the development of its 36-hectare beach property on Mactan Island, formerly known as Coral Reef Resort.

[DatePublished] => 2011-06-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [1] => Array ( [ArticleID] => 494335 [Title] => Russian firm bares plans to redevelop Coral Reef [Summary] =>

A newly established Russian company, Philippine-Russia Inc. (PRI) is now negotiating with the owner of foreclosed Coral Reef Resort on Mactan Island, to pursue a US$80 million re-development of the 36-hectare property.

[DatePublished] => 2009-08-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [2] => Array ( [ArticleID] => 436495 [Title] => International firms plan to buy Coral Reef resort [Summary] =>

Two international companies have offered their interest to buy the 36-hectare property in Mactan Island, formerly the location of defunct Coral Reef Resort, now owned by Lucio Tan-led Philippine National Bank (PNB).

[DatePublished] => 2009-02-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [3] => Array ( [ArticleID] => 70309 [Title] => Cebu needs 60k rooms for 3.5M tourists target [Summary] =>

While the 3.5 million tourists target seems achievable for Cebu in the next 10 to 15 years, it however, has to produce 60 thousand additional rooms to accommodate these targeted number of people.

[DatePublished] => 2008-07-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [4] => Array ( [ArticleID] => 13806 [Title] => Jap files raps over IPO inclusion of Coral Reef [Summary] =>

The Japanese owner of the defunct Coral Reef Resort in Mactan cries foul over the inclusion of the 36-hectare resort property in the Initial Public Offering (IPO) of Lucio Tan’s Eton Properties Philippines Inc.

[DatePublished] => 2007-08-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [5] => Array ( [ArticleID] => 7886 [Title] => Eton launches all-loft residential building project in Ortigas [Summary] => [DatePublished] => 2007-07-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 387134 [Title] => Lucio Tan firm bares 7 projects [Summary] => Balabac Resources & Holdings Co. Inc. — soon to become the Lucio Tan Group of Companies’ real estate development unit — has lined up seven projects this year, mostly in high-rise residential buildings and office space catering to the needs of business process outsourcing (BPO) firms.
[DatePublished] => 2007-02-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 370443 [Title] => Japanese resort owner vows to pay workers [Summary] => The former owner of defunct Coral Reef Resort vowed to properly compensate its unpaid employees if the court grants its wish to take back the property's ownership from the Philippine National Bank (PNB). [DatePublished] => 2006-11-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [8] => Array ( [ArticleID] => 370622 [Title] => Japanese resort owner vows to pay workers [Summary] => The former owner of defunct Coral Reef Resort vowed to properly compensate its unpaid employees if the court grants its wish to take back the property's ownership from the Philippine National Bank (PNB). [DatePublished] => 2006-11-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [9] => Array ( [ArticleID] => 368254 [Title] => PNB told to negotiate with ex resort owner [Summary] => The interested Korean buyer of the controversial Coral Reef Resort in Mactan Island is asking the Philippine National Bank (PNB) to agree on a compromise deal with the property's former owner to hasten the re-opening of the 36-hectare resort and golf club.

The interested Korean buyer, Sea Born and Fil Kotchi consortium represented by Chang Nam Moon said while his group cannot pursue a buy-out negotiation with the former lead owner of the resort Kenichi Akimoto, Moon said the group wants PNB to clench a compromise arrangement with Akimoto.
[DatePublished] => 2006-11-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) ) )
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