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                    [ArticleID] => 183524
                    [Title] => 14 new financing firms listed by SEC in 1st 10 months
                    [Summary] => The Securities and Exchange Commission said there were 14 new corporations that were issued licenses to operate as a financing firm in the third quarter of the year.


This brings to 208 the number of licensed pre-need firms in the country as of Oct. 1 this year.


Leading the pack of new financing companies were Toyota Financial Services Philippines Corp. which was capitalized at P1 billion.


Owing to the critical role of financing in its sales, Toyota decided to put up a separate company that will centralize all financing requirements of its dealers nationwide.

                    [DatePublished] => 2002-11-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 95456
                    [Title] => RFM eyes sale of more assets to redeem maturing bonds
                    [Summary] => Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds.


RFM chief financial officer Meldin Al Roy said that while they expect to realize $36 million in net proceeds from the sale of its two subsidiaries – Consumer Savings Bank and the Nasdaq-listed PSi Technologies Holdings – the amount is not enough to cover the redemption payments for the convertible bonds.


                    [DatePublished] => 2001-06-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

FINANCING CORP

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    [results] => Array
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                    [ArticleID] => 183524
                    [Title] => 14 new financing firms listed by SEC in 1st 10 months
                    [Summary] => The Securities and Exchange Commission said there were 14 new corporations that were issued licenses to operate as a financing firm in the third quarter of the year.


This brings to 208 the number of licensed pre-need firms in the country as of Oct. 1 this year.


Leading the pack of new financing companies were Toyota Financial Services Philippines Corp. which was capitalized at P1 billion.


Owing to the critical role of financing in its sales, Toyota decided to put up a separate company that will centralize all financing requirements of its dealers nationwide.

                    [DatePublished] => 2002-11-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 95456
                    [Title] => RFM eyes sale of more assets to redeem maturing bonds
                    [Summary] => Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds.


RFM chief financial officer Meldin Al Roy said that while they expect to realize $36 million in net proceeds from the sale of its two subsidiaries – Consumer Savings Bank and the Nasdaq-listed PSi Technologies Holdings – the amount is not enough to cover the redemption payments for the convertible bonds.


                    [DatePublished] => 2001-06-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

14 new financing firms listed by SEC in 1st 10 months

By Zinnia B. Dela Peña | November 11, 2002 - 12:00am

The Securities and Exchange Commission said there were 14 new corporations that were issued licenses to operate as a financing firm in the third quarter of the year. This brings to 208 the number of licensed pre-need...

Business

RFM eyes sale of more assets to redeem maturing bonds

By Christina Mendez | June 12, 2001 - 12:00am

Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds. RFM chief financial officer Meldin Al Roy...

Business