You plan to move to the Philippines? Wollen Sie auf den Philippinen leben?

There are REALLY TONS of websites telling us how, why, maybe why not and when you'll be able to move to the Philippines. I only love to tell and explain some things "between the lines". Enjoy reading, be informed, have fun and be entertained too!

Ja, es gibt tonnenweise Webseiten, die Ihnen sagen wie, warum, vielleicht warum nicht und wann Sie am besten auf die Philippinen auswandern könnten. Ich möchte Ihnen in Zukunft "zwischen den Zeilen" einige zusätzlichen Dinge berichten und erzählen. Viel Spass beim Lesen und Gute Unterhaltung!


Visitors of germanexpatinthephilippines/Besucher dieser Webseite.Ich liebe meine Flaggensammlung!

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Showing posts with label Majority Control. Show all posts
Showing posts with label Majority Control. Show all posts

Saturday, October 3, 2015

Metro Pacific Seeks Majority Control of Davao Doctors Hospital

Business Skinning Left, pagematch: , sectionmatch: 1
Business ( Leaderboard Top ), pagematch: , sectionmatch: 1Metro Pacific seeks majority control of Davao Doctors Hospital for P1.6 B
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The Manuel V. Pangilinan-led hospital firm commenced yesterday a general offer to acquire the remaining shares of stock in the Davao-based hospital through law firm SyCip Salazar Hernandez and Gatmaitan Law Offices. File photo
MANILA, Philippines - Metro Pacific Hospital Holdings Inc. (MPHHI), the healthcare unit of industrial conglomerate Metro Pacific Investments Corp. (MPIC), is seeking a majority stake in Davao Doctors Hospital Inc. (DDH).
The Manuel V. Pangilinan-led hospital firm commenced yesterday a general offer to acquire the remaining shares of stock in the Davao-based hospital through law firm SyCip Salazar Hernandez and Gatmaitan Law Offices.
The hospital subsidiary currently owns 313,655 shares or 34.82 percent of the outstanding capital stock of DDH and wants to acquire the remaining 587,154 shares of stock in the medical institution for roughly P1.614 billion.
MPHHI  acquired its stake in DDH for P500 million in 2009 and has since poured in P400 millionin 2009  in investments to improve the facility.
MPHHI is offering a higher price per share if it would be able to acquire a higher number of shares. It laid down three conditions as basis for the offer price.
In its offer, MPHHI said if as a result of the tender, it will acquire less than 136,747 DDH shares, the offer price shall be P2,300 per share.
Business ( Article MRec ), pagematch: 1, sectionmatch: 1
On the other hand, if as a result of the tender MPHHI acquires at least 136,747 DDH shares but less than 286,881 shares, the offer price shall be P2,600 per share.
Finally, MPHHI said if it acquires at least 286,881 DDH shares, the purchase price shall be P2,750 per share.
The offer period will be until Nov. 19, MPHHI said.
As of  end-June, the Metro Pacific Group has nine hospitals with a total bed count of 2,245: Makati Medical Center, Cardinal Santos Medical Center, Our Lady of Lourdes Hospital, Asian Hospital & Medical Center and De Los Santos Medical Center in Metro Manila; Central Luzon Doctors’ Hospital in Tarlac; Riverside Medical Center in the Visayas; and Davao Doctors Hospital and WMMC in Mindanao; one mall- based diagnostic and ambulatory care center located in SM Megamall; and two healthcare colleges – Riverside College Inc. in Visayas and Davao Doctors College in Mindanao.
The hospital group’s first half net income this year rose 23 percent to P565 million.