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                    [ArticleID] => 195101
                    [Title] => UOBP says Farmix-Espiritu row won’t affect its operations
                    [Summary] => United Overseas Bank of the Philippines’ (UOBP) operations will not be affected by the current row between former business partners Farmix Fertilizer Group and the Espiritu Group.


"This is a commercial matter that is now pending with the courts and has no bearing on the bank’s operations," UOBP said in a statement.


The case stems from a question of how much Farmix is entitled to as its share from certain UOBP receivables that UOBP used as basis in buying out the remaining shares of the Espiritu Group last year.


                    [DatePublished] => 2003-02-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
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WHETHER FARMIX

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                    [ArticleID] => 195101
                    [Title] => UOBP says Farmix-Espiritu row won’t affect its operations
                    [Summary] => United Overseas Bank of the Philippines’ (UOBP) operations will not be affected by the current row between former business partners Farmix Fertilizer Group and the Espiritu Group.


"This is a commercial matter that is now pending with the courts and has no bearing on the bank’s operations," UOBP said in a statement.


The case stems from a question of how much Farmix is entitled to as its share from certain UOBP receivables that UOBP used as basis in buying out the remaining shares of the Espiritu Group last year.


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abtest

UOBP says Farmix-Espiritu row won’t affect its operations

February 12, 2003 - 12:00am

United Overseas Bank of the Philippines’ (UOBP) operations will not be affected by the current row between former business partners Farmix Fertilizer Group and the Espiritu Group. "This is a commercial...

Business