Philippine Business: 'Plastics king' forces regulators to stop EIB asset sale

Started by pioneer, December 13, 2012, 12:00:43 PM

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pioneer

December 13, 2012, 12:00:43 PM
'Plastics king' forces regulators to stop EIB asset sale

MANILA, Philippines - Businessman William Gatchalian?s efforts to recover the P1.47 billion he invested in the now-closed Export and Industry Bank (EIB) have forced regulators to stop the lender?s bidding sale of its remaining assets.

Source: 'Plastics king' forces regulators to stop EIB asset sale
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