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                    [ArticleID] => 188440
                    [Title] => Philrealty gets court approval for suspension of debt payments
                    [Summary] => A week after disclosing plans to submit itself to a rehabilitation program, Philippine Realty & Holdings Corp. said yesterday the court has granted its petition for a suspension of debt payments, putting the company under the supervision of a court-appointed receiver.


Philrealty president Amador Bacani said their petition for a debt payment moratorium is the main component of their corporate rehabilitation program, which will be overseen by Ricardo Ysmael, the designated rehabilitation receiver.


                    [DatePublished] => 2002-12-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 187709
                    [Title] => Philrealty to file for rehabilitation
                    [Summary] => Philippine Realty & Holdings Corp., a property development firm established in 1986 by a clan of the Ortigas family, is filing for rehabilitation after being saddled with losses since the slump of the local real estate industry in 1997.


In a special meeting last Wednesday, the board of directors unanimously approved a resolution earlier presented to stockholders authorizing the board, particularly its president Amador Bacani, to "exercise full power and authority to take or cause such action... to rehabilitate the corporation."


                    [DatePublished] => 2002-12-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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MALATE AND URDANETA COUNTRY PLAZA

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                    [ArticleID] => 188440
                    [Title] => Philrealty gets court approval for suspension of debt payments
                    [Summary] => A week after disclosing plans to submit itself to a rehabilitation program, Philippine Realty & Holdings Corp. said yesterday the court has granted its petition for a suspension of debt payments, putting the company under the supervision of a court-appointed receiver.


Philrealty president Amador Bacani said their petition for a debt payment moratorium is the main component of their corporate rehabilitation program, which will be overseen by Ricardo Ysmael, the designated rehabilitation receiver.


                    [DatePublished] => 2002-12-19 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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            [1] => Array
                (
                    [ArticleID] => 187709
                    [Title] => Philrealty to file for rehabilitation
                    [Summary] => Philippine Realty & Holdings Corp., a property development firm established in 1986 by a clan of the Ortigas family, is filing for rehabilitation after being saddled with losses since the slump of the local real estate industry in 1997.


In a special meeting last Wednesday, the board of directors unanimously approved a resolution earlier presented to stockholders authorizing the board, particularly its president Amador Bacani, to "exercise full power and authority to take or cause such action... to rehabilitate the corporation."


                    [DatePublished] => 2002-12-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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abtest

Philrealty gets court approval for suspension of debt payments

By Christina Mendez | December 19, 2002 - 12:00am

A week after disclosing plans to submit itself to a rehabilitation program, Philippine Realty & Holdings Corp. said yesterday the court has granted its petition for a suspension of debt payments, putting the...

Business

Philrealty to file for rehabilitation

By Christina Mendez | December 13, 2002 - 12:00am

Philippine Realty & Holdings Corp., a property development firm established in 1986 by a clan of the Ortigas family, is filing for rehabilitation after being saddled with losses since the slump of the local real...

Business