^
+ Follow DRAGON CORP Tag
DRAGON CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 461991
                    [Title] => Piatco president cleared
                    [Summary] => 

MANILA, Philippines - The president of the firm involved in the construction of the Ninoy Aquino International Airport (NAIA) Terminal 3 avoided graft and corruption charges after the Supreme Court (SC) ruled that he could not be prosecuted.

[DatePublished] => 2009-04-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096875 [AuthorName] => Edu Punay [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 383343 [Title] => Untangling the knot (Part II) [Summary] => As a backgrounder, the controversy started with two factions squabbling over the three firms of Philippine Communications Satellite Corp. (Philcomsat). The government owns 40 percent of Philippine Overseas Telecommunications Corporation (POTC). POTC wholly owns Philcomsat which in turn owns 80 percent of Philcomsat Holdings Corp., a publicly listed company.

The boards of POTC and Philcomsat are both headed by Bildner and Victor Africa while PHC is led by Ramon Nieto and Enrique Locsin. Senator Enrile’s family reported owns 6.6 percent of Philcomsat.
[DatePublished] => 2007-02-04 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 383184 [Title] => AEDC asks SC to order gov’t to recognize its right over NAIA-3 [Summary] => A firm controlled by taipan Lucio Tan has asked the Supreme Court to order the government to allow it to operate the Ninoy Aquino International Airport Terminal 3 (NAIA-3).

Replying to a memorandum of the Office of the Solicitor General, the Asia’s Emerging Dragon Corp. (AEDC) said the government’s refusal to award it the project warrants the issuance of the Writ of Mandamus, especially after the Court voided the award to the Philippine International Air Terminals Co. (Piatco).
[DatePublished] => 2007-02-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [3] => Array ( [ArticleID] => 373043 [Title] => Gov’t urged not to allow foreign court to hear NAIA-3 case [Summary] => The government has been dissuaded from submitting itself to the jurisdiction of a foreign court hearing the case of compensation for the builder of the controversial Ninoy Aquino International Airport terminal 3 (NAIA-3).

In a statement issued Friday, Asia’s Emerging Dragon Corp. (AEDC), which is vying to operation NAIA-3, said the government should not allow itself to be subjected to the laws of another country.
[DatePublished] => 2006-12-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [4] => Array ( [ArticleID] => 370002 [Title] => AEDC offers anew to help resolve NAIA-3 mess [Summary] => A firm controlled by taipan Lucio Tan offered anew yesterday to help the government pay builders of the Ninoy Aquino International Airport Terminal 3 (NAIA-3) on condition that it be given the concession to operate the terminal.

In a statement, former Securities and Exchange Commission chairman Perfecto Yasay Jr., Asia’s Emerging Dragon Corp. (AEDC) lead counsel, said the company is willing to share with the government the profits from NAIA-3’s operation.

"We are actually trying to help the government from shelling out more money," he said. [DatePublished] => 2006-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 370197 [Title] => AEDC offers anew to help resolve NAIA-3 mess [Summary] => A firm controlled by taipan Lucio Tan offered anew yesterday to help the government pay builders of the Ninoy Aquino International Airport Terminal 3 (NAIA-3) on condition that it be given the concession to operate the terminal.

In a statement, former Securities and Exchange Commission chairman Perfecto Yasay Jr., Asia’s Emerging Dragon Corp. (AEDC) lead counsel, said the company is willing to share with the government the profits from NAIA-3’s operation.

"We are actually trying to help the government from shelling out more money," he said. [DatePublished] => 2006-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 368905 [Title] => Lawyer asks SC to let AEDC take over NAIA-3 for gov’t to save money [Summary] => Despite legal setbacks, Asia’s Emerging Dragon Corp. (AEDC) has not given up on the mothballed Ninoy Aquino International Airport Terminal 3 (NAIA-3).

Lawyer Perfecto Yasay urged the Supreme Court yesterday to let AEDC rehabilitate and operate NAIA-3 and save the government billions of pesos in compensation to Philippine International Air Terminals Co. Inc. (Piatco) and other expenses.
[DatePublished] => 2006-11-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097133 [AuthorName] => Jose Rodel Clapano [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [7] => Array ( [ArticleID] => 362932 [Title] => Legal challenge will not stop gov’t from taking over NAIA-3 [Summary] => There is no stopping the government from completely taking over Ninoy Aquino International Airport Terminal 3 despite the remaining legal challenge posed by Asia’s Emerging Dragon Corp., Solicitor General Eduardo Antonio Nachura said yesterday.

AEDC has filed a case before the Supreme Court to compel the government to award the NAIA-3 contract to AEDC. The Supreme Court will hear the case on Oct. 24.
[DatePublished] => 2006-10-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [8] => Array ( [ArticleID] => 356757 [Title] => Gov’t vows to take over NAIA-3 [Summary] => The government vowed yesterday to take full control of the mothballed Ninoy Aquino International Airport Terminal 3 (NAIA-3) as soon as possible despite legal obstacles. [DatePublished] => 2006-09-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804901 [AuthorName] => Aurea Calica [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [9] => Array ( [ArticleID] => 356113 [Title] => AEDC lawyer bares alleged conspiracy on NAIA-3 operations [Summary] => Former Securities and Exchange Commission chairman Perfecto Yasay said yesterday the government’s expropriation tack for the Ninoy Aquino International Airport Terminal 3 (NAIA-3) was a "sinister means" of giving the facility back "on a silver platter" to Philippine International Air Terminals Co. (Piatco).
[DatePublished] => 2006-09-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1650428 [AuthorName] => Perseus Echeminada [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
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