Executive Order 180 - updates

Rappler's latest stories on Executive Order 180

ARTICLE FINDER

UCPB to 'exhaust all legal remedies' to keep shares in CIIF, SMC

Sep 16, 2015 - 3:26 PM

The United Coconut Planters Bank says it is merely protecting its own shareholders including the majority government shareholder as well as preserving bank assets

RIGHTS. UCPB says it has rights to its minority shares of stock in the CIIF Oil Mills, and indirectly, in an 11% portion of the sequestered San Miguel Corporation shares, "which were ruled to be owned by the government for the benefit of coconut farmers and the development of the coco industry," the bank acknowledges.