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G. R. No. 208281 - The Lawphil Project Pursuant to the Swap Agreement, Sinophil issued 2 41 billion shares to Metroplex and 1 45 billion shares to Paxell, totaling 3 87 billion shares in exchange for 46 38 million shares of Legend which were transferred by the Metroplex Group (Metroplex and Paxell) to Sinophil's name
004 - Metroplex Berhad v. Sinophil Corporation - Scribd 004 - Metroplex Berhad v Sinophil Corporation - Free download as PDF File ( pdf), Text File ( txt) or read online for free This case discusses the decrease of capital stock by Sinophil Corporation, which was approved by the SEC The petitioners challenged the decrease
G. R. No. 208281 - METROPLEX BERHAD AND PAXELL INVESTMENT LIMITED . . . Pursuant to the Swap Agreement, Sinophil issued 2 41 billion shares to Metroplex and 1 45 billion shares to Paxell, totaling 3 87 billion shares in exchange for 46 38 million shares of Legend which were transferred by the Metroplex Group (Metroplex and Paxell) to Sinophil's name
METROPLEX BERHAD V - PDFCOFFEE. COM Pursuant to the Swap Agreement, Sinophil issued 2 41 billion shares to Metroplex and 1 45 billion shares to Paxell, totaling 3 87 billion shares in exchange for 46 38 million shares of Legend which were transferred by the Metroplex Group (Metroplex and Paxell) to Sinophil's name
Metroplex Berhad Paxell Investment v. Sinophil Corp. G. R . . . - Studocu After the execution of the Unwinding Agreement, Metroplex and Paxell were unable to return 1 billion of the Sinophil shares while another two billion Sinophil shares remained pledged by Metroplex in favor of International Exchange Bank and Asian Bank
Metroplex Berhad and Paxell Investment Limited vs. Sinophil The appellate court affirmed in toto the February 26, 2009 Order[4] of the Securities and Exchange Commission (SEC) En Banc finding no error in its Operating Departments' approval of the reduction of Sinophil Corporation's (Sinophil) capital stock
Metroplex Berhad and Paxell Investment Limited Vs More importantly, the social contract in the corporate family to decide the course of the corporate business has been vested in the board and not with the courts The "business judgment rule" simply means that "the SEC and the courts are barred from intruding into business judgments of corporations, when the same are made in good faith "
Metroplex Berhad vs. Sinophil Corp. - digest. ph Read the summary and case digests for Metroplex Berhad vs Sinophil Corp in 3 minutes or less and find relevant and cited cases Sign up now to get free credits
Navigating Corporate Capital Reduction: Understanding the Legal . . . Metroplex Berhad and Paxell Investment Limited, both foreign corporations, entered into a Share Swap Agreement with Sinophil Corporation in 1998 Under this agreement, Metroplex and Paxell transferred shares in another company in exchange for a significant stake in Sinophil
Metroplex Berhad Vs Sinophil, GR 208281, June 28, 2021 Petitioner Metroplex Berhad (Metroplex) is a corporation in liquidation duly organized and existing under and by virtue of the laws of Malaysia, while petitioner Paxell