FAIRMONT HOLDINGS INC

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                    [ArticleID] => 306791
                    [Title] => Megaworld infuses P250M in Fairmont Holdings
                    [Summary] => Megaworld Corp. has subscribed to purchase 250 million shares of Fairmont Holdings Inc. at a cost of  P250 million.    


The shares will be issued out of a proposed P1  billion increase in Fairmont’s authorized capital  stock. Megaworld Corp. currently has a direct 11.75-percent stake  in Fairmont.     


Twenty-five percent of the subscription price in the amount of P62.5 million shall be payable upon  signing of the subscription agreement with the balance  payable upon call by Fairmont’s board of directors.     


                    [DatePublished] => 2005-11-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 210188
                    [Title] => Hunt for Dante Tan becoming a challenge
                    [Summary] => The hunt for fugitive Filipino businessman Dante Tan has turned out to be a challenge for the authorities who are now getting confused by the number of information they have been getting.


Justice Undersecretary Merceditas Gutierrez admitted yesterday that officials are getting various information on Tan’s supposed whereabouts.


Gutierrez, however, clarified she has no information that Tan fled to Germany as claimed by sources from the Bureau of Immigration.


                    [DatePublished] => 2003-06-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 138564
                    [Title] => Fairmont defers stock rights offer
                    [Summary] => Faced with a downturn in both the equities and real estate markets, Fairmont Holdings Inc. will likely defer a proposed capital call through a stock rights offering as it reassess its business plans for next year.


                    [DatePublished] => 2001-10-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 96600
                    [Title] => Megaworld takes over Sheraton Marina project
                    [Summary] => Upscale property developer Megaworld Corp. will soon take over the financing and development of the multi-billion peso Sheraton Marina Complex from Fairmont Holdings Inc. formerly known as BW Resources Corp.


In a statement to the Philippine Stock Exchange, Fairmont corporate information officer Francis Canuto said the board of directors has authorized the company to enter into an agreement with its parent firm Megaworld for the commercial development of the Malate project, including its financing components.


                    [DatePublished] => 2001-03-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Megaworld infuses P250M in Fairmont Holdings

By Zinnia B. Dela Peña | November 14, 2005 - 12:00am

Megaworld Corp. has subscribed to purchase 250 million shares of Fairmont Holdings Inc. at a cost of P250 million. The shares will be issued out of a proposed P1 billion increase in Fairmont’s authorized...

Business

Hunt for Dante Tan becoming a challenge

By Aurea Calica | June 15, 2003 - 12:00am

The hunt for fugitive Filipino businessman Dante Tan has turned out to be a challenge for the authorities who are now getting confused by the number of information they have been getting. Justice Undersecretary...

Headlines

Fairmont defers stock rights offer

By Christina Mendez | October 31, 2001 - 12:00am

Faced with a downturn in both the equities and real estate markets, Fairmont Holdings Inc. will likely defer a proposed capital call through a stock rights offering as it reassess its business plans for next ye...

Business

Megaworld takes over Sheraton Marina project

By Christina Mendez | March 31, 2001 - 12:00am

Upscale property developer Megaworld Corp. will soon take over the financing and development of the multi-billion peso Sheraton Marina Complex from Fairmont Holdings Inc. formerly known as BW Resources Corp. In...

Business