^
+ Follow GUOCO GROUP Tag
GUOCO GROUP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 530920
                    [Title] => Pepsi allots P350 million for Cagayan De Oro plant expansion
                    [Summary] => 

Pepsi-Cola Products Philippines Inc. is putting up a new production line at its Cagayan De Oro plant, estimated to cost P350 million.

[DatePublished] => 2009-12-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 515882 [Title] => Pepsi-Cola allots P2 billion for capital expenditures [Summary] =>

Pepsi-Cola Products Philippines Inc. is allotting up to P2 billion for capital expenditures for its fiscal year ending June 2010 to beef up capacity and launch new products to further strengthen its foothold in the beverage sector.

[DatePublished] => 2009-10-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 37426 [Title] => Pepsi-Cola scales down IPO price offer [Summary] => [DatePublished] => 2008-01-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 301398 [Title] => Pepsi growth slows with entry of cheaper priced cola drinks [Summary] => Pepsi Cola Products Phils. Inc. is expecting a slowdown in volume growth due to the entry of low-priced cola products particularly in Metro Manila which heightened competition and cannibalized its market share.

The company is 22.16 percent owned by Prime Orion Properties Inc. (POPI), a listed investment holding company associated with the Guoco Group of Malaysia.
[DatePublished] => 2005-10-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 279153 [Title] => Prime Orion unit acquires Lepanto Ceramics loans [Summary] => Prime Orion Philippines Inc. (POPI), an investment holding company associated with the Guoco Group of Malaysia, said one of its units acquired the loans extended by Hong Kong & Shanghai Banking Corp. to tilemaker Lepanto Ceramics Inc., an affiliate of POPI.

In a disclosure to the Philippine Stock Exchange, POPI said its indirect unit Orion Brands International Inc. (OBII) acquired the loans valued at $7.17 million and P15.97 million for a cash consideration of $1.6 million and P3.43 million, respectively.
[DatePublished] => 2005-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 254270 [Title] => SEC clears Guoco unit’s entry into retail trade [Summary] => The Securities and Exchange Commission (SEC) has ruled that Prime Orion Properties Inc. and its real estate subsidiary Tutuban Properties Inc. (TPI) can engage in the retail trade business.

In its opinion dated June 14, the SEC said POPI, which is 26.72-percent owned by foreign nationals, can engage in retailing while TPI would have to amend its articles of incorporation to include the intended retail business in its purpose clause.
[DatePublished] => 2004-06-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 254002 [Title] => Malaysia’s Guoco group eyes entry into shopping mall business in RP [Summary] => Prime Orion Philippines Inc. (POPI), an investment holding company associated with the Guoco Group of Malaysia, is planning to go into retailing through the establishment of a shopping mall to improve its cashflow.

Through its real estate subsidiary Tutuban Properties Inc., POPI hopes to put up a department store or a supermarket to take advantage of the anticipated increased consumer spending. The planned venture was disclosed by POPI to the Securities and Exchange Commission as it requested opinion on whether it is considered a foreign investor and can engage in retail trade. [DatePublished] => 2004-06-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 241125 [Title] => Prime Orion Phils plans asset sale to pay P1.25-B loans [Summary] => Prime Orion Philippines Inc. (POPI) expects to bring down its total outstanding loan obligations to P1.25 billion by the end of the year through the sale of certain assets or dacion-en-pago agreements.

In a disclosure to the Philippine Stock Exchange, POPI said negotiations are currently ongoing for the restructuring of the remaining balance of principal loans with a bank amounting to P1 billion.

POPI expects to conclude negotiations with the bank in one year.
[DatePublished] => 2004-03-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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