The Power Sector Assets and Liabilities Management Corporation (PSALM) held a pre-bid conference on 17 November 2020 as part of the process for the second round of public auction for the sale of its Loboc, General Santos City and Camalaniugan Properties. The bid submission deadline for these assets is set for 02 December 2020 at 2:00 PM....
PSALM to conduct pre-negotiation conference for Paco-Manila property
The Power Sector Assets and Liabilities Management Corporation (PSALM) will hold a Pre-Negotiation Conference through video conferencing on 19 November 2020 at 2:00 P.M. for its Paco-Manila Property. The Pre-Negotiation Conference is part of the negotiated sale process being conducted by PSALM to private the said property....
PSALM conducts pre-bid conference for small-value real estate assets
The Power Sector Assets and Liabilities Management Corporation (PSALM) is calling on all interested bidders to attend the pre-bid conference scheduled on 17 November 2020 for its small-value real estate assets located in Bohol, General Santos City and Camalaniugan, Cagayan. This conference aims to address inquiries from interested parties and clarify concerns on the sale provisions of said land assets. ...
PSALM demands payment of P671 million in overdue debt
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has issued notices demanding two firms to pay their overdue obligations amounting to P671.16 million, the Department of Finance (DOF) said yesterday.
According to the DOF, PSALM president and chief executive officer Irene Besido Garcia and acting vice president for finance Manuel Marcos Villalon sent final demand letters to First Bay Power Corp. (FBPC) and Abra Electric Cooperative Inc. (ABRECO), giving them seven days from the receipt of the letters to pay their arrears. ...
PSALM successfully sells its real estate assets in Loboc, Bohol and Camalaniugan, Province of Cagayan
The Power Sector Assets and Liabilities Management Corporation (PSALM) successfully sold on 02 December 2020 its real estate properties in Loboc, Province of Bohol and Camalaniugan, Province of Cagayan. ...