^
+ Follow VICTORIAS MILLING CORP Tag
VICTORIAS MILLING CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1547222
                    [Title] => Court denies EastWest’s debt conversion in VMC
                    [Summary] => 

Victorias Milling Corp. scored victory in its legal battle with Gotianun-led East West Banking Corp. after the Court of Appeals denied the bank’s motion to convert its debt notes into equity in the sugar firm.

[DatePublished] => 2016-01-27 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1495992 [Title] => SEC denies EastWest Bank motion on VMC [Summary] =>

The Securities and Exchange Commission (SEC) has junked East WestBank’s motion to convert its debt notes into equity in Victorias Milling Corp.

[DatePublished] => 2015-09-04 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 936057 [Title] => Victorias Milling to pare down debt in August [Summary] =>

The country’s largest sugar miller Victorias Milling Corp. expects to pare down its debt to around P2.8 billion by August, the end of the current crop year, according to its top official.

[DatePublished] => 2013-04-29 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 545793 [Title] => Victorias Milling proposes debt for equity swap [Summary] =>

Cash-strapped sugar refiner Victorias Milling Corp. (VMC) is proposing a debt-for-equity swap and a divestment program involving its non-core assets as part of its revised rehabilitation plan aimed at staying afloat and seeing its shares traded once again on the stock market.

[DatePublished] => 2010-02-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 436833 [Title] => Victorias Milling needs P8 billion to stay afloat - Mier [Summary] =>

Sugar miller Victorias Milling Corp. (VMC) needs around P8 billion to pay its debt and upgrade production facilities to ensure its continued operations.

[DatePublished] => 2009-02-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 198776 [Title] => Gotianun denies VMC takeover [Summary] => In response to recent news reports, business magnate Andrew Gotianun denied yesterday any interest on the part of the Gotianun family to take over Victorias Milling Corp. (VMC).

Gotianun reported that as one of the creditor-stockholders of VMC, East West Bank feels duty bound to look into the performance of VMC to insure that VMC would be able to meet the repayment of its obligations.
[DatePublished] => 2003-03-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 131671 [Title] => SEC rejects bid of VMC on alternate rehabilitation [Summary] => The Securities and Exchange Commission (SEC) has rejected the petition of Victorias Milling Corp. (VMC) to nullify the company’s alternative rehabilitation plan (ARP) submitted by the SEC-appointed management committee (mancom).

The commission en banc has issued an order upholding the Nov. 29, 2000 order by the SEC hearing panel approving the mancom-ARP and dismissing VMC management’s (represented by VMC chairman and president Manuel Manalac) own rehab proposal.
[DatePublished] => 2001-08-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 99103 [Title] => VMC mancom bullish on firm's ability to pay debts [Summary] =>

The management committee of cash-strapped Victorias Milling Corp. [DatePublished] => 2000-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 100564 [Title] => NSC, VMC get another reprieve from debts [Summary] =>

The Securities and Exchange Commission (SEC) has extended the suspension of debt payments of debt-strapped National Steel Corp. (NSC) and sugar milling firm Victorias Milling Corp. [DatePublished] => 2000-04-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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