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2014-11-13T00:00:00.000Z

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SEDALAW

Background Information

Employment History

Attorney
SEDALAW

Chief Executive Officer
Peñafrancia Sugar Mill


AW Fishing Corporation


Bicolandia Realty Development Corporation


Peñafrancia College

Education

BS Commerce degree


Accounting
Ateneo de Naga University

Web References (6 Total References)


Our Team | SEDALAW

www.sedalaw.com [cached]

Atty. William T. Enrile Atty. William T. Enrile

...
Mr. Enrile obtained his BS Commerce degree, major in Accounting from the Ateneo de Naga University and his Bachelor of Laws from the Ateneo de Manila University College of Law. He is both a Certified Public Accountant and a Lawyer, having passed the CPA Board in 1957 and the Bar exams in 1962.
An active player in the business industry, Mr. Enrile holds top posts in the Peñafrancia Sugar Mill, AW Fishing Corporation, Bicolandia Realty Development Corporation, and Peñafrancia College.
Mr. Enrile who hails from Naga City is fluent in English, Filipino and Fookien.
...
PROBATE OF WILL.


ABS-CBNNEWS.COM

www.abs-cbnnews.com [cached]

Lawyer William Enrile, chief executive officer of Peñafrancia Sugar Mill Inc. (PENSUMIL), told Today that no commercial banks are providing loans to sugar-cane planters, and that his company carries the burden of extending financing to them.

PENSUMIL, the only sugar milling facility in the Bicol region, is in Pili, Camarines Sur.
One reason why banks do not extend credit to farmers is the borrowers' failure to pay back their loans.
"Our best remedy before was for our firm to borrow money from banks and relend it to planters who would pay back the loans on the following milling season," said Enrile."But many planters have failed to pay back their loans."
No financingEnrile said that the best remedy is for the government to require banks, whom it has equity with, to provide credit facility to sugar planters, in lieu of refusal by private banks to extend the needed credit.
PENSUMIL has been extending credit to planters for their funding needs-from site preparation to weeding and cutting operations and fertilizers.The Land Bank of the Philippines, Republic Planters Bank, Development Bank of the Philippines, and the Philippine Sugar Corp. used to give planters loans several years back.
Bicol Sugar Planters Association (BISUPLA), a sugar planters group, said PENSUMIL charges them for loans at 2.5 percent interest a month, but no figures were available on how much interest the banks charge the milling firm, most probably lower, and how much "mark-up" the company imposes on the loan interests.
Enrile gave hints that PENSUMIL has P225 million debt, but he did not elaborate if the debt is related only to bad loans acquired by planters, or if the debt also includes other loans it acquired for milling operation.
He said his firm has some P100 million in uncollected amounts.
...
"The sugar content of the cane deteriorates 48 hours after cutting," said Enrile.
...
Enrile denied the insinuations by disgruntled planters.
"Our laboratory staff is honest in determining ps/tc," said Boy Lazaro, an associate of Enrile.
...
Enrile mentioned limited options for Bicol's local sugar industry.Besides the financing and road needs, he said the sugar mill could be sold to interested buyers who are also stakeholders in other sugar-producing regions, like Negros.


SEDALAW : The Team

www.sedalaw.com [cached]

Atty. William T. EnrileAtty. William T. Enrileseda@sedalaw.com

Mr. Enrile obtained his BS Commerce degree, major in Accounting from the Ateneo de Naga University and his Bachelor of Laws from the Ateneo de Manila University College of Law.He is both a Certified Public Accountant and a Lawyer, having passed the CPA Board in 1957 and the Bar exams in 1962.
An active player in the business industry, Mr. Enrile holds top posts in the Pe,afrancia Sugar Mill, AW Fishing Corporation, Bicolandia Realty Development Corporation, and Pe,afrancia College.
Mr. Enrile who hails from Naga City is fluent in English, Filipino and Fookien.


Asian Journal

www.asianjournal.com [cached]

William Enrile, an accountant and lawyer, invested in production of industrial kaolin and silica after his partner, August Lehman, an industrial engineer, convinced him that there was an unlimited demand for the processed minerals in the world market.

...
Before the production here of international-standard industrial kaolin and silica, Enrile said no company had ventured successfully into the operation of a white clay processing plant.
A major stumbling block, he said, was lack of technology to pass international product standards.
...
Lehman and Enrile said the plant's machines, gadgets and accessories were fabricated locally, and only the central machine called the hydrocyclone, which separates the allied minerals into individual minerals, was imported, from the US.
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Enrile said he had applied with the Bureau of Investments for incentives, such as a tax holiday, under an import substitution scheme. (INQ7)


About Us | SEDALAW

www.sedalaw.com [cached]

Former associates of the Angara Abello Conception Regala and Cruz Law Offices (ACCRALAW), Attorneys Jose Vicente B. Salazar, Mark M. Averilla and Arthur R. Defensor Jr. unite their extensive training and progressive vision with Attorney William T. Enrile's more than 50 years experience in commerce and industry, to offer a balanced practice focused on the areas of commercial special projects and litigation.

...
PROBATE OF WILL.

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