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                    [ArticleID] => 312416
                    [Title] => Korea’s Kepco buys 43.8% of listed Salcon Power for P1.18B
                    [Summary] => Kepco Philippines Corp., the local subsidiary of Korea  Electric Power Corp., and other investors have agreed to acquire 43.8 percent of publicly-listed electricity generator Salcon Power Co. for P1.18 billion.


In a disclosure to the Philippine Stock  Exchange, Salcon said a total of 654.995 million of  its shares would be sold to Kephilco, a unit of Korea  Electric Power, and IJ Group for P1.80 each.


Of the total, 597.998 million shares, representing 40 percent of Salcon, will be sold to  Kephilco.


                    [DatePublished] => 2005-12-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 230159
                    [Title] => 2 groups take majority control of Salcon Power
                    [Summary] => JAD Holdings Inc. and Intrepid Holdings Inc. have acquired a combined 37.64 percent stake in listed power generation firm Salcon Power Corp. (SPC).


In a disclosure to the Philippine Stock Exchange, SPC corporate information officer Alfredo Ballesteros said JAD and Intrepid have each acquired an additional 1.43 million shares. With the purchase, JAD and Intrepid now own and have the sole right to vote on a total of 281.28 million shares each of SPC.


                    [DatePublished] => 2003-12-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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INTREPID HOLDINGS INC

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                    [ArticleID] => 312416
                    [Title] => Korea’s Kepco buys 43.8% of listed Salcon Power for P1.18B
                    [Summary] => Kepco Philippines Corp., the local subsidiary of Korea  Electric Power Corp., and other investors have agreed to acquire 43.8 percent of publicly-listed electricity generator Salcon Power Co. for P1.18 billion.


In a disclosure to the Philippine Stock  Exchange, Salcon said a total of 654.995 million of  its shares would be sold to Kephilco, a unit of Korea  Electric Power, and IJ Group for P1.80 each.


Of the total, 597.998 million shares, representing 40 percent of Salcon, will be sold to  Kephilco.


                    [DatePublished] => 2005-12-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 230159
                    [Title] => 2 groups take majority control of Salcon Power
                    [Summary] => JAD Holdings Inc. and Intrepid Holdings Inc. have acquired a combined 37.64 percent stake in listed power generation firm Salcon Power Corp. (SPC).


In a disclosure to the Philippine Stock Exchange, SPC corporate information officer Alfredo Ballesteros said JAD and Intrepid have each acquired an additional 1.43 million shares. With the purchase, JAD and Intrepid now own and have the sole right to vote on a total of 281.28 million shares each of SPC.


                    [DatePublished] => 2003-12-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Korea’s Kepco buys 43.8% of listed Salcon Power for P1.18B

By Zinnia B. Dela Peña | December 16, 2005 - 12:00am

Kepco Philippines Corp., the local subsidiary of Korea Electric Power Corp., and other investors have agreed to acquire 43.8 percent of publicly-listed electricity generator Salcon Power Co. for P1.18 billion. In...

Business

2 groups take majority control of Salcon Power

By Zinnia B. Dela Peña | December 3, 2003 - 12:00am

JAD Holdings Inc. and Intrepid Holdings Inc. have acquired a combined 37.64 percent stake in listed power generation firm Salcon Power Corp. (SPC). In a disclosure to the Philippine Stock Exchange, SPC corporate...

Business