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April 1, 2024
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Arthaland timeline
Criada
Bernadette
⟶ Atualizado 1 nov 2019 ⟶
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Eventos
PDIC files a criminal complaint against Gonzalez
Pacific Rehouse Corporation (headed by Gatchalian) sues EIB Securities, a 100% owned subsidy of EIB
Gonzalez charged with the misappropriation of EIB funds to fast-track properties in Batangas for the benefit of Arthaland and for the unneccessary success fee.
(Approx date) Arthaland pays EIB 13 million for the SPA properties
DOJ dismisses criminal complaint
EIB Realty signs an agreement with EIB for the development of One McKinley Place
EIB merges with Urban Bank Inc. EIB acquires Exportbank Plaza and One Mckinley Place
(Approx date) PDIC agrees to buy P$10 billion of EIB's NPAs at a 70% discount from EIB
(Approx date) PDIC's 'loan' to EIB takes effect. EIB receives a total of $9 billion
(Approx date) Gonzalez becomes President of EIB
EIB and EIB Realty agree on a SPA that includes Exportbank Plaza and the Fort Bonifacio property
Fort Bonifacio excluded from S{A
(Approx date) Arthaland derecognises provision of One Mckinley Place which it previously took over in Devember 2007.
EIB Realty becomes Arthaland. Gonzalez becomes President.
(Approx date) Arthaland acquires the Batangas property from an unknown source
PDIC buys EIB's NPAs
EIB shut down and placed under receivership
EIB rehabilitation bidding fails