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                    [ArticleID] => 177333
                    [Title] => WG&A won’t be delisted - AEV
                    [Summary] => The buy-out of listed shipping firm William Gothong & Aboitiz (WG&A) by the Cebu-based Aboitiz Equity Ventures (AEV) will not result in the delisting of the former’s shares at the Philippine Stock Exchange.


In its tender offer report filed with the Securities and Exchange Commission (SEC), AEV said it does not have any plan to delist WG&A shares nor does it plan to do any act that would result to its being exempted from the reportorial requirements of the Securities Regulations Code.


                    [DatePublished] => 2002-09-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 176825
                    [Title] => Alsons okays sale of stake to Union Cement
                    [Summary] => Alsons Cement Corp. said yesterday its board of directors has approved the sale of a controlling stake in the firm to Union Cement Corp., the country’s largest cement firm. 


The sale would allow Swiss firm Holcim, the world’s number two cement group, to consolidate its Philippine interests. Holcim has stakes in Union Cement and holds indirect and direct stakes in Alsons. 


Alsons’ board also agreed to the plan to delist the firm’s shares from the Philippine Stock Exchange after the acquisition, the company said in a statement to the exchange. 


                    [DatePublished] => 2002-09-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 176711
                    [Title] => Alsons Cement to delist shares at stock market
                    [Summary] => Alsons Cement Corp. (ACC) will delist its shares at the Philippine Stock Exchange upon the closing of its acquisition by Union Cement Corp. (UCC) expected within the next couple of weeks.


In a report to the PSE, UCC corporate secretary Juan Diaz said the company’s board of directors ratified during their meeting yesterday to delist the shares of ACC immediately after the closing of their acquisition of 88 percent of the issued and outstanding capital stock of ACC.


                    [DatePublished] => 2002-09-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 168692
                    [Title] => Union acquires Alsons Cement
                    [Summary] => In yet another corporate acquisition bid, the Phinma-controlled Union Cement will be taking over majority control of the Alcantara-owned Alsons Cement.


In a disclosure to the Philippine Stock Exchange, Union Cement said it has agreed with Cemco Holdings Inc. to buy out the latter’s 88-percent shareholding in Alsons through a share swap scheme.


                    [DatePublished] => 2002-07-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 143591
                    [Title] => Alsons Cement, Holderfin agree on debt-to-equity deal
                    [Summary] => Mindanao-based Alsons Cement Corp. and Holderfin B.V., the holding company of Holderbank Financiers Glaris Ltd., will be exercising a debt-to-equity conversion that will involve about P3.53 billion of the former’s debt load.


Alsons wrote the Philippine Stock Exchange that its board of directors approved in a special meeting the conversion to equity of a portion of the loans obtained from Holderfin through the issuance of shares to Holderfin’s assignee, Cemco Holdings Inc.


                    [DatePublished] => 2001-12-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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)

CEMCO HOLDINGS INC

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                    [ArticleID] => 177333
                    [Title] => WG&A won’t be delisted - AEV
                    [Summary] => The buy-out of listed shipping firm William Gothong & Aboitiz (WG&A) by the Cebu-based Aboitiz Equity Ventures (AEV) will not result in the delisting of the former’s shares at the Philippine Stock Exchange.


In its tender offer report filed with the Securities and Exchange Commission (SEC), AEV said it does not have any plan to delist WG&A shares nor does it plan to do any act that would result to its being exempted from the reportorial requirements of the Securities Regulations Code.


                    [DatePublished] => 2002-09-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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                )

            [1] => Array
                (
                    [ArticleID] => 176825
                    [Title] => Alsons okays sale of stake to Union Cement
                    [Summary] => Alsons Cement Corp. said yesterday its board of directors has approved the sale of a controlling stake in the firm to Union Cement Corp., the country’s largest cement firm. 


The sale would allow Swiss firm Holcim, the world’s number two cement group, to consolidate its Philippine interests. Holcim has stakes in Union Cement and holds indirect and direct stakes in Alsons. 


Alsons’ board also agreed to the plan to delist the firm’s shares from the Philippine Stock Exchange after the acquisition, the company said in a statement to the exchange. 


                    [DatePublished] => 2002-09-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 176711
                    [Title] => Alsons Cement to delist shares at stock market
                    [Summary] => Alsons Cement Corp. (ACC) will delist its shares at the Philippine Stock Exchange upon the closing of its acquisition by Union Cement Corp. (UCC) expected within the next couple of weeks.


In a report to the PSE, UCC corporate secretary Juan Diaz said the company’s board of directors ratified during their meeting yesterday to delist the shares of ACC immediately after the closing of their acquisition of 88 percent of the issued and outstanding capital stock of ACC.


                    [DatePublished] => 2002-09-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 168692
                    [Title] => Union acquires Alsons Cement
                    [Summary] => In yet another corporate acquisition bid, the Phinma-controlled Union Cement will be taking over majority control of the Alcantara-owned Alsons Cement.


In a disclosure to the Philippine Stock Exchange, Union Cement said it has agreed with Cemco Holdings Inc. to buy out the latter’s 88-percent shareholding in Alsons through a share swap scheme.


                    [DatePublished] => 2002-07-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 143591
                    [Title] => Alsons Cement, Holderfin agree on debt-to-equity deal
                    [Summary] => Mindanao-based Alsons Cement Corp. and Holderfin B.V., the holding company of Holderbank Financiers Glaris Ltd., will be exercising a debt-to-equity conversion that will involve about P3.53 billion of the former’s debt load.


Alsons wrote the Philippine Stock Exchange that its board of directors approved in a special meeting the conversion to equity of a portion of the loans obtained from Holderfin through the issuance of shares to Holderfin’s assignee, Cemco Holdings Inc.


                    [DatePublished] => 2001-12-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

abtest

WG&A won’t be delisted - AEV

By Christina Mendez | September 25, 2002 - 12:00am

The buy-out of listed shipping firm William Gothong & Aboitiz (WG&A) by the Cebu-based Aboitiz Equity Ventures (AEV) will not result in the delisting of the former’s shares at the Philippine Stock Exchange. In...

Business

Alsons okays sale of stake to Union Cement

September 21, 2002 - 12:00am

Alsons Cement Corp. said yesterday its board of directors has approved the sale of a controlling stake in the firm to Union Cement Corp., the country’s largest cement firm. The sale would allow Swiss firm...

Business

Alsons Cement to delist shares at stock market

By Christina Mendez | September 20, 2002 - 12:00am

Alsons Cement Corp. (ACC) will delist its shares at the Philippine Stock Exchange upon the closing of its acquisition by Union Cement Corp. (UCC) expected within the next couple of weeks. In a report to the PSE,...

Business

Union acquires Alsons Cement

By Christina Mendez | July 18, 2002 - 12:00am

In yet another corporate acquisition bid, the Phinma-controlled Union Cement will be taking over majority control of the Alcantara-owned Alsons Cement. In a disclosure to the Philippine Stock Exchange, Union Cement...

Business

Alsons Cement, Holderfin agree on debt-to-equity deal

December 14, 2001 - 12:00am

Mindanao-based Alsons Cement Corp. and Holderfin B.V., the holding company of Holderbank Financiers Glaris Ltd., will be exercising a debt-to-equity conversion that will involve about P3.53 billion of the former’s...

Business