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GUOCO HOLDINGS INC
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 230054 [Title] => CyberBay stockholder may bring case for intl arbitration [Summary] => Prime Orion Philippines Inc. (POPI) said it will take its case to international arbitration should the Supreme Court refuse to reverse its final ruling nullifying the joint venture agreement forged between the Public Estates Authority and the Amari Coastal Bay Development Corp. for the development of reclaimed land in Manila Bay.
POPI owns 25 percent of Amari, now known as Central Bay Development Corp. (CyberBay).
[DatePublished] => 2003-12-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 229666 [Title] => Prime Orion to re-appeal SC final ruling [Summary] => Prime Orion Philippines Inc. (POPI) said it will re-appeal the final ruling of the Supreme Court nullifying the joint venture agreement between the Public Estates Authority (PEA) and the Amari Coastal Bay Development Corp. to develop 153 hectares of land reclaimed from Manila Bay.
The SC declared as null and void the amended joint venture agreement (AJVA) of PEA and Amari, now known as Central Bay Development Corp., for alleged violation of the constitutional provision prohibiting private corporations to own land of public domain without going through a public bidding.
[DatePublished] => 2003-11-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Zinnia B. Dela Peña | December 2, 2003 - 12:00am
By Zinnia B. Dela Peña | November 29, 2003 - 12:00am
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