Thursday, July 26, 2007

SBGCC Management Can Reclaim Subic Golf?

Here are some excerpt from the Philippine Star Column entitled "Ousted Taiwanese investor can reclaim Subic golf".

SBMA Administrator said during the advance taping of the Kapihan ng Bayan Sulo Hotel in Quezon City that they are willing to sit down with the Hu family, operators of the Binictican Golf Course in the Subic Bay Freeport zone prior to the June 8 takeover.

"They can submit a new proposal and we will treat it as new investment",Arreza said.However , Arreza stressed that the Taiwanese must seek a new partner so that they will treat it as a new investment.

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