SUBIC BAY FREEPORT — The Subic Bay Marine Exploratorium, Inc. (SBMEI), operator of several tourism facilities in this freeport, has converted a P239.56-million claim into equity following a settlement with investor HS Equities, Ltd., ending a dispute that had lasted more than two decades. In a statement on Thursday, SBMEI said the compromise agreement, signed on March 13 by president and chief executive officer Robert Ianne Gonzaga and HS Equities president Virginia Dio, settles claims arising from the latter’s investment in the company between 2001 and 2002. The agreement, unanimously approved by SBMEI’s board of directors during a special meeting […]... Keep on reading: Subic marine tourism firm ends investor row after settlement