Dear PWU and JASMS colleague and stakeholder,
Greetings at Eastertide!
I write to extend to you and your loved ones my best wishes at this season of resurrection and rebirth. But over and above this, to pledge my all and enlist your support and involvement in the rehabilitation, rejuvenation and further strengthening of our beloved PWU and JASMS as we wend our way to our Centennial in 2019 and beyond.
The Benitez family welcomed the Manila court’s issuance of the Commencement Order that may pave the way for an approval of a rehabilitation plan for the Philippine Women’s University (PWU), saying the decision ensures the continued operations of the university and its schools.
The effect of the Order is to invalidate the auction of PWU properties which was won by STI Holdings (owned by Eusebio Tanco) when it bid uncontested after it filed for foreclosure of the PWU campuses in Taft Avenue and Indiana Street in Manila.
STI had also sought the foreclosure of the Jose Abad Santos Memorial School campus in EDSA Quezon City and a Benitez family property in Davao City.