INQUIRER.net: Uniwide ‘still viable,’ says SEC lawyer

INQUIRER.net Philippine News for Filipinos

Uniwide 'still viable,' says SEC lawyer Jul 15th 2013, 00:04 MANILA, Philippines—The Uniwide Group will submit before the Court of Appeals a report from the Securities and Exchange Commission (SEC), stating that its rehabilitation is "still viable" since it has settled most of its debts to increase its revenues. In a statement, the once dominant retail firm said that the 2012 report pointed out that the cash-strapped firm managed to trim its debt by 80 percent. The Uniwide Group said the 2012 findings were necessary to their case with the Court of Appeals where they questioned the SEC's order dissolving the company and then disposing of its remaining assets. In their case before the appeals court, they branded as "oppressive" ... Keep on reading: Uniwide 'still viable,' says SEC lawyer Media files: Court-of-Appeals-building-.jpg (image/jpeg)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions