Bill Type
Congress Name
Long Title
AN ACT ENABLING THE NATIONAL GOVERNMENT TO ACQUIRE MAJORITY CONTROL OF THE EQUITY OF PETRON CORPORATION BY BUYING BACK EQUITIES FROM PRIVATE ENTITIES APPROPRIATING FUNDS THEREFOR
Date filed
April 20, 2005
Scope
Legislative History
| House Bill/Resolution NO. HB04206 | |
| FULL TITLE : AN ACT ENABLING THE NATIONAL GOVERNMENT TO ACQUIRE MAJORITY CONTROL OF THE EQUITY OF PETRON CORPORATION BY BUYING BACK EQUITIES FROM PRIVATE ENTITIES APPROPRIATING FUNDS THEREFOR | |
| SHORT TITLE : An Act Gaining Majority Control of Petron Corporation | |
| ABSTRACT : "An Act Gaining Majority Control of Petron Corporation". The bill authorizes the national government through the Philippine National Oil Corporation to buy the appropriate amount of stocks in order to gain majority control of Petron Corporation. | |
| PRINCIPAL AUTHOR/S : BELTRAN, CRISPIN | |
| DATE FILED : 2005-04-20 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. Mariano | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Marcoleta (070 ) | 2. Aquino (071 ) |
| 3. Hataman (071 ) | 4. Jaworski (071 ) |
| 5. Maza (071 ) | 6. Ocampo (071 ) |
| 7. Pancho (071 ) | 8. Virador (071 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON ENERGY ON 2005-05-03 | |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS |
Abstract
"An Act Gaining Majority Control of Petron Corporation". The bill authorizes the national government through the Philippine National Oil Corporation to buy the appropriate amount of stocks in order to gain majority control of Petron Corporation.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.