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REGISTER OF DEEDS OF RIZAL v. UNG SIU SI TEMPLE

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GR No. 195580
2014-04-21
NARRA NICKEL MINING v. REDMONT CONSOLIDATED MINES CORP.
VELASCO JR., J.
To reiterate, "[t]he purpose of the sixty per centum requirement is x x x to ensure that corporations x x x allowed to x x x exploit natural resources shall be controlled by Filipinos."[160] The decisive consideration is therefore control rather than plain ownership of capital.