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                    [ArticleID] => 264345
                    [Title] => Sharp absorbs unit to cut costs
                    [Summary] => Appliance maker Sharp (Phils.) Corp. is absorbing Sharp (Phils.) Services Corp. to cut on costs and streamline operations.


Sharp is the market leader in the Philippines in the washing machine, karaoke and color TV categories of the electronic consumer industry.


In documents filed with the Securities and Exchange Commission (SEC), Sharp said its merger with SPSC will allow the procurement of financing and credit facilities under more favorable terms and ensure a more productive use of the properties of the constituent corporations.


                    [DatePublished] => 2004-09-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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SPSC

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                    [ArticleID] => 264345
                    [Title] => Sharp absorbs unit to cut costs
                    [Summary] => Appliance maker Sharp (Phils.) Corp. is absorbing Sharp (Phils.) Services Corp. to cut on costs and streamline operations.


Sharp is the market leader in the Philippines in the washing machine, karaoke and color TV categories of the electronic consumer industry.


In documents filed with the Securities and Exchange Commission (SEC), Sharp said its merger with SPSC will allow the procurement of financing and credit facilities under more favorable terms and ensure a more productive use of the properties of the constituent corporations.


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                    [AuthorName] => Zinnia B. Dela Peña
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abtest

Sharp absorbs unit to cut costs

By Zinnia B. Dela Peña | September 11, 2004 - 12:00am

Appliance maker Sharp (Phils.) Corp. is absorbing Sharp (Phils.) Services Corp. to cut on costs and streamline operations. Sharp is the market leader in the Philippines in the washing machine, karaoke and color...

Business