Republic of the Philippines Department of Finance
- Classification:Chemical Auxiliary Agent, Chemical Auxiliary Agent
- CAS No.:84-74-2
- Other Names:Dibutyl Phthalate (DBP)
- MF:C16H2204
- EINECS No.:201-557-4
- Purity:99.5%Min
- Type:Plastics Additives
- Usage: Rubber Auxiliary Agents, Textile Auxiliary Agents,
- MOQ:200kgs
- Package:200kgs/battle
- Delivery:Within 7-15 Days
Rimando, DBP Ongpin Philex Controversial Deals Detailed^ ABS-CBNews, 25 May 2011). Ongpin V. EIPD SEC En Banc Case No. 03-15-367 Thereafter, in the evening of 2
Ongpin and Pangilinan were both sitting on the Philex board when DVRI bought DBP’s Philex shares. In essence, Ongpin had obtained a loan from DBP and used it to buy the
G.R. No. 207078. June 20, 2022 (Case Brief / Digest)
- Classification:Chemical Auxiliary Agent
- CAS No.:84-74-2
- Other Names:Dibutyl Phthalate (DBP)
- MF:C16H22O4
- EINECS No.:201-557-4
- Purity:99.5%Min
- Type:Plastics Additives
- Usage:Coating Auxiliary Agents, Petroleum Additives,
- MOQ:25kg/bag
- Package:200kg/drum
- Application:Plasticizer
against Roberto V. Ongpin and numerous individuals and corporations, including former officers of the Development Bank of the Philippines (DBP), related to alleged money
On April 7, 2009, DVRI applied for a P150-million credit line with the DBP and offered its shares in Philweb Corp. and several other companies such Azurestar Corp.,
G.R. No. 207078 The Lawphil Project
- Classification:Chemical Auxiliary Agent
- CAS No.:84-74-2
- Other Names:Bis(2-ethylhexyl) phthalate, Ethyl..
- MF:C16H22O4
- EINECS No.:201-557-4
- Purity:99.8
- Type:Plasticizer, Plasticizer DBP Dibutyl Phthalate
- Usage:Rubber Auxiliary Agents,
- MOQ:25kg/bag
- Package:200kg/drum
- Sample:Availabe
- Application:Plasticizer
Thus, DBP could not have incurred a loss then. Besides, standing alone, DBP's 50,000,000 Philex shares were allegedly too insignificant a stake for Two Rivers to gain effective control of
The charges stemmed from P660-million in alleged “behest” loan deals between DBP and Ongpin’s company, Deltaventures Resources Inc. (DVRI), in 2009. The government
13 DBP officials sacked over P660-M loans to Ongpin grp
- Classification:Chemical Auxiliary Agent
- CAS No.:84-74-2
- Other Names:Dibutyl Phthalate (DBP)
- MF:C16H22O4
- EINECS No.:201-557-4
- Purity:99.5%, 99.5%
- Type:Plastics Additives
- Usage:Leather Auxiliary Agents, Plastic Auxiliary Agents, PVC particles
- MOQ:25kg/bag
- Package:200kg/drum
- Application:Plasticizer
DBP sold to Ongpin-led DVRI in November 2009 its 50 million shares in Philex at only P12.75 per share. DVRI then used the loan proceeds, also from DBP, to purchase the
Aside from Philex, David said DBP also traded shares of oil refiner and retailer Petron Corp and power firm Manila Electric Company (Meralco). Osmena noted that Ongpin
Ongpin sues top DBP officials for libel Inquirer News
- Classification:Chemical Auxiliary Agent
- CAS No.:84-74-2
- Other Names:Dibutyl Phthalate (DBP)
- MF:C16H22O4
- EINECS No.:201-557-4
- Purity:98%
- Type:Plastics Additives
- Usage:Rubber Auxiliary Agents,
- MOQ:25kg/bag
- Package:200kg/drum
- Application:Plasticizer
DBP more than doubled its investment [in the shares of Philex Mining Corp.] at the time they sold the Philex shares to him, Ongpin said, adding that “only God can foresee future market prices
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- Did Ongpin buy Philex shares?
- In essence, Ongpin had obtained a loan from DBP and used it to buy the bank’s Philex shares. The transaction deprived the government bank of an opportunity to make a profit of P412.4 million had it been the seller of the Philex shares, DBP said in the complaint.
- Did DBP sell Philex shares to deltaventure?
- Further, Ongpin, et al. maintained that DBP sold its 50,000,000 Philex shares to Deltaventure at a profit. DBP had earlier acquired the shares at ₱5.07 per share but was able to sell them at ₱12.75. Thus, they said that in selling its Philex shares to Deltaventure, DBP actually earned ₱384,000,000.00, causing no undue injury to the government. 67
- Why did dvri buy Philex shares from DBP?
- DBP’s loan was initially considered irregular since the borrower, Ongpin-led Delta Ventures Resources Inc (DVRI), used the proceeds to purchase the Philex shares of DBP, the lender. A month after–on December 2009–Ongpin included those DBP-owned Philex shares when he sold all his stocks in the mining firm to the group of Pangilinan.
- Could Ongpin have earned p412 million if goldenmedia sold Philex shares?
- Petitioner insists that respondent Ongpin could not have earned P412,500,000.00 from Goldenmedia's sale of its Philex shares to Two Rivers had it not been for DBP's grant of the P510,000,000.00 credit line. It particularly says:
- What happened between DBP & Ongpin?
- Senator Osmeña said that two Senate committees were conducting a joint investigation on allegedly suspicious transactions involving DBP and Ongpin, who was Ashmore's representative in the Philippines. Alluded to were block sales involving several publicly listed companies, including Philex, Goldenmedia, and Deltaventure. 41
- Did goldenmedia buy Philex shares?
- On the same day, Goldenmedia sold to Two Rivers 123,221,372 of its Philex shares, which included the 50,000,000 Philex shares Goldenmedia had earlier acquired using the proceeds of Deltaventure's loan from DBP.
