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Article: Ongpin-Ashmore group buying control of Atok-Big Wedge.(Main Business)
- Article from:
- Manila Bulletin
- Article date:
- September 28, 2009
CopyrightCOPYRIGHT 2009 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Roberto Ongpin-Ashmore Group is seeking to acquire a controlling stake in mining firm Atok-Big Wedge Company Inc. with a planned investment of about P60 million and use it for investments in mining as well as oil and gas exploration.In a disclosure to the Philippine Stock Exchange (PSE) Monday, Atok-Big Wedge said it has received a firm proposal from Boerstar Corporation for its entry as the controlling investor in the mining firm.Boerstar is a local firm with significant investments in Philweb Corporation, ISM Communications Corporation, Philex Mining Corporation, and Alphaland Corporation. It is owned and controlled by Ongpin and Eric Recto who represent the Ashmore ...
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464 words
...Byline: ROBERT McAULAY SCOTS comic Billy Connolly will rake in pounds 45,000 an hour for his one-man show. The Big Yin will pick up a huge wedge from the pounds 1.6million fans pay to see 18 two-hour-long gigs at London's Hammersmith Apollo. Tickets for the 3,600-seat venue are being priced at an
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