THE Supreme Court has ruled in favor of the sale of the National Government's 87.67 percent share, worth over P2 billion, in the Philippine Shipyard and Engineering Corp. to Kawasaki-Philyards Holdings, Inc.
In a 32-page decision dated January 31, 2005, the SC's Special First Division denied the motion for reconsideration of petitioner J.G. Summit Holdings Inc. to elevate the case to the SC en banc
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