03 percent interest in the holding companies and the CIIF
block of SMC shares.
See us at booth C058, Hall W1, CIIF
at the Shanghai New International Expo Centre (SNIEC) from Nov.
Oil Mills Group accounts for more than 40% of about 1.
Long engaged in biodiesel and specialty fats, the company got a supposed lucrative contract from CIIF
OMG to use an oil mill in Batangas.
is one of the most influential international industry brand exhibitions in China.
Provided that all the remaining money and assets of the CIIF
Holding Companies after its dissolution shall be transferred, deposited or delivered to the Government in accordance with the provisions," the EO stated.
In relation for example to the CIIF
shares, it is less than one percent (1%) dilution.
The Villar measure states that capitalization of this CFIF will come from all the money deposited with the United Coconut Planters Bank (UCPB) under the name of the CIIF
pursuant to the provisions of Presidential Decree No.
The ruling also clarified that only the 753,848,312 SMC shares under the CIIF
were declared by the high court in its September 2012 resolution to be part of the coco levy assets which should be returned to the state.
It is worth mentioning that the HPH series UPS, a new-generation UPS with optimal power performance (kVA=kW) and AC-AC efficiency (96%), was awarded the CIIF
(China International Industrial Fair) Silver Award in November 2013, and was designated by the organizers as a new technology and breakthrough product in the global high tech industry.
The scheme used direct and indirect loans from the United Coconut Planters Bank and the CIIF
oil mills-all coco levy-funded.
EO 179 requires the (1) inventory and privatization and (2) reconveyance and in favor of the government of all coconut levy assets, including but not limited to the shares of stock in the United Coconut Planters Bank (UCPB), Coconut Industry Investment Fund (CIIF
) Companies and CIIF
Holding Companies as well as the 5,500,000 San Miguel Corp.