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+ Follow CONTINENTAL OPERATING CORP Tag
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[ArticleID] => 298321
[Title] => SEC approves Fortune Cement’s capital increase
[Summary] => The Securities and Exchange Commission (SEC) has approved Fortune Cement Corp.’s plan to raise its capital stock from P3.03 billion to P4.23 billion to facilitate its merger with Continental Operating Corp.
The new capital base will consist of 4.2 billion common shares and 32 million preferred shares of which P3.78 billion worth of shares have been subscribed and paid.
Fortune is absorbing Continental Operating Corp. to expand market share and enhance operating efficiency.
[DatePublished] => 2005-09-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 281948
[Title] => Fortune Cement merges with Continental Operating Corp
[Summary] => Fortune Cement Corp., a unit of Lafarge SA of France, has approved a proposal to merge with its sister cement firm, Continental Operating Corp., as part of efforts to expand market share and enhance operating efficiency.
In view of this, the Philippine Stock Exchange (PSE) imposed a trading suspension on shares of Fortune Cement pending the release of additional information on the cement manufacturer’s merger with Continental.
Fortune Cement’s stock was last traded on May 5 at P0.62 per share.
[DatePublished] => 2005-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 282080
[Title] => Fortune Cement merges with Continental Operating Corp
[Summary] => Fortune Cement Corp., a unit of Lafarge SA of France, has approved a proposal to merge with its sister cement firm, Continental Operating Corp., as part of efforts to expand market share and enhance operating efficiency.
In view of this, the Philippine Stock Exchange (PSE) imposed a trading suspension on shares of Fortune Cement pending the release of additional information on the cement manufacturer’s merger with Continental.
Fortune Cement’s stock was last traded on May 5 at P0.62 per share.
[DatePublished] => 2005-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 282212
[Title] => Fortune Cement merges with Continental Operating Corp
[Summary] => Fortune Cement Corp., a unit of Lafarge SA of France, has approved a proposal to merge with its sister cement firm, Continental Operating Corp., as part of efforts to expand market share and enhance operating efficiency.
In view of this, the Philippine Stock Exchange (PSE) imposed a trading suspension on shares of Fortune Cement pending the release of additional information on the cement manufacturer’s merger with Continental.
Fortune Cement’s stock was last traded on May 5 at P0.62 per share.
[DatePublished] => 2005-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 279689
[Title] => ‘Off peak’ scheme allows Meralco customers to save up to P164M
[Summary] => State-owned National Power Corp. (Napocor) has reported that about 29 of its bulk-power customers were able to save more than P164 million in their electricity bills as a result of Time-Of-Use (TOU) scheme.
The power firm’s TOU program is a billing system which encourages end-users to shift their electricity utilization towards the "off-peak" hours, when power rates are at their cheapest.
[DatePublished] => 2005-05-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 272234
[Title] => Stable cement prices seen
[Summary] => Republic Cement Corp. president Juan Miguel Montinola expects cement prices to remain stable for the first half of the year.
According to Montinola, recent favorable developments such as additional production efficiencies and the peso appreciation has helped Republic Cement to absorb the effect of an eight percent inflation rate and not raise prices during the summer months.
However, Montinola warned "the biggest threat to stable cement prices within the next quarter is an increase in power rates."
[DatePublished] => 2005-04-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 264586
[Title] => LaFarge Cement ups capital to P29.34B
[Summary] => LaFarge Cement Philippines Inc. has obtained the approval of the Securities and Exchange Commission (SEC) to raise its capital to P29.34 billion from P16.05 to offset its liabilities from its parent company.
Based on documents filed with the SEC, Lafarge Cement will issue 54.24 billion shares out of the increase in its capital stock, to Lafarge S.A. of France in exchange for the settlement of long-term debt of P13.56 billion.
Lafarge S.A. recently agreed to sell its local cement unit, Continental Operating Corp. to Republic Cement Corp.
[DatePublished] => 2004-09-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 263759
[Title] => The heart of La Farge
[Summary] => For many workers of Continental Operating Corp., the first thing they check upon entering the Bulacan plant is the color of the flag fluttering in the breeze. A green flag means the plant is on target to meet its production commitment for the month; a yellow flag, that the target is at risk; a red flag, that the target is compromised.
[DatePublished] => 2004-09-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1488513
[AuthorName] => Margaret Jao-Grey
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[8] => Array
(
[ArticleID] => 262887
[Title] => Republic Cement acquires Lafarge cement unit
[Summary] => The board of Republic Cement Corp. (RCC) has approved the acquisition of Continental Operating Corp., a wholly-owned subsidiary of Lafarge Cement Philippines Inc., for P1.3 billion, making RCC the largest cement group in the country.
In a disclosure to the Philippine Stock Exchange, RCC said it will issue a convertible loan note worth P1.3 billion to Lafarge in exchange for the latter’s shares in Continental.
The notes will carry an interest rate of eight percent per annum and are convertible into 1.35 billion common shares of RCC after five years from issue date.
[DatePublished] => 2004-08-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 226301
[Title] => Philcemcor changes name to CeMAP
[Summary] => Philippine Cement Manufacturers’ Corp. (Philcemcor), the industry association of the country’s local cement manufacturers has announced that it has changed its official name to Cement Manufacturers’ Association of the Philippines or CeMAP.
The change in name, according to CeMAP officers, is intended to synchronize the envolving face of the industry with an image that now reflects the many various achievements and directions of its individual member companies in terms of product quality and innovation, social development, and environmental protection.
[DatePublished] => 2003-11-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Real Estate
[SectionUrl] => real-estate
[URL] =>
)
)
)
CONTINENTAL OPERATING CORP
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 298321
[Title] => SEC approves Fortune Cement’s capital increase
[Summary] => The Securities and Exchange Commission (SEC) has approved Fortune Cement Corp.’s plan to raise its capital stock from P3.03 billion to P4.23 billion to facilitate its merger with Continental Operating Corp.
The new capital base will consist of 4.2 billion common shares and 32 million preferred shares of which P3.78 billion worth of shares have been subscribed and paid.
Fortune is absorbing Continental Operating Corp. to expand market share and enhance operating efficiency.
[DatePublished] => 2005-09-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 281948
[Title] => Fortune Cement merges with Continental Operating Corp
[Summary] => Fortune Cement Corp., a unit of Lafarge SA of France, has approved a proposal to merge with its sister cement firm, Continental Operating Corp., as part of efforts to expand market share and enhance operating efficiency.
In view of this, the Philippine Stock Exchange (PSE) imposed a trading suspension on shares of Fortune Cement pending the release of additional information on the cement manufacturer’s merger with Continental.
Fortune Cement’s stock was last traded on May 5 at P0.62 per share.
[DatePublished] => 2005-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 282080
[Title] => Fortune Cement merges with Continental Operating Corp
[Summary] => Fortune Cement Corp., a unit of Lafarge SA of France, has approved a proposal to merge with its sister cement firm, Continental Operating Corp., as part of efforts to expand market share and enhance operating efficiency.
In view of this, the Philippine Stock Exchange (PSE) imposed a trading suspension on shares of Fortune Cement pending the release of additional information on the cement manufacturer’s merger with Continental.
Fortune Cement’s stock was last traded on May 5 at P0.62 per share.
[DatePublished] => 2005-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 282212
[Title] => Fortune Cement merges with Continental Operating Corp
[Summary] => Fortune Cement Corp., a unit of Lafarge SA of France, has approved a proposal to merge with its sister cement firm, Continental Operating Corp., as part of efforts to expand market share and enhance operating efficiency.
In view of this, the Philippine Stock Exchange (PSE) imposed a trading suspension on shares of Fortune Cement pending the release of additional information on the cement manufacturer’s merger with Continental.
Fortune Cement’s stock was last traded on May 5 at P0.62 per share.
[DatePublished] => 2005-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 279689
[Title] => ‘Off peak’ scheme allows Meralco customers to save up to P164M
[Summary] => State-owned National Power Corp. (Napocor) has reported that about 29 of its bulk-power customers were able to save more than P164 million in their electricity bills as a result of Time-Of-Use (TOU) scheme.
The power firm’s TOU program is a billing system which encourages end-users to shift their electricity utilization towards the "off-peak" hours, when power rates are at their cheapest.
[DatePublished] => 2005-05-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 272234
[Title] => Stable cement prices seen
[Summary] => Republic Cement Corp. president Juan Miguel Montinola expects cement prices to remain stable for the first half of the year.
According to Montinola, recent favorable developments such as additional production efficiencies and the peso appreciation has helped Republic Cement to absorb the effect of an eight percent inflation rate and not raise prices during the summer months.
However, Montinola warned "the biggest threat to stable cement prices within the next quarter is an increase in power rates."
[DatePublished] => 2005-04-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 264586
[Title] => LaFarge Cement ups capital to P29.34B
[Summary] => LaFarge Cement Philippines Inc. has obtained the approval of the Securities and Exchange Commission (SEC) to raise its capital to P29.34 billion from P16.05 to offset its liabilities from its parent company.
Based on documents filed with the SEC, Lafarge Cement will issue 54.24 billion shares out of the increase in its capital stock, to Lafarge S.A. of France in exchange for the settlement of long-term debt of P13.56 billion.
Lafarge S.A. recently agreed to sell its local cement unit, Continental Operating Corp. to Republic Cement Corp.
[DatePublished] => 2004-09-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 263759
[Title] => The heart of La Farge
[Summary] => For many workers of Continental Operating Corp., the first thing they check upon entering the Bulacan plant is the color of the flag fluttering in the breeze. A green flag means the plant is on target to meet its production commitment for the month; a yellow flag, that the target is at risk; a red flag, that the target is compromised.
[DatePublished] => 2004-09-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1488513
[AuthorName] => Margaret Jao-Grey
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[8] => Array
(
[ArticleID] => 262887
[Title] => Republic Cement acquires Lafarge cement unit
[Summary] => The board of Republic Cement Corp. (RCC) has approved the acquisition of Continental Operating Corp., a wholly-owned subsidiary of Lafarge Cement Philippines Inc., for P1.3 billion, making RCC the largest cement group in the country.
In a disclosure to the Philippine Stock Exchange, RCC said it will issue a convertible loan note worth P1.3 billion to Lafarge in exchange for the latter’s shares in Continental.
The notes will carry an interest rate of eight percent per annum and are convertible into 1.35 billion common shares of RCC after five years from issue date.
[DatePublished] => 2004-08-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 226301
[Title] => Philcemcor changes name to CeMAP
[Summary] => Philippine Cement Manufacturers’ Corp. (Philcemcor), the industry association of the country’s local cement manufacturers has announced that it has changed its official name to Cement Manufacturers’ Association of the Philippines or CeMAP.
The change in name, according to CeMAP officers, is intended to synchronize the envolving face of the industry with an image that now reflects the many various achievements and directions of its individual member companies in terms of product quality and innovation, social development, and environmental protection.
[DatePublished] => 2003-11-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Real Estate
[SectionUrl] => real-estate
[URL] =>
)
)
)
abtest
By Zinnia B. Dela Peña | September 24, 2005 - 12:00am
By Zinnia B. Dela Peña | June 17, 2005 - 12:00am
By Zinnia B. Dela Peña | June 17, 2005 - 12:00am
By Zinnia B. Dela Peña | June 17, 2005 - 12:00am
By Donnabelle L. Gatdula | May 30, 2005 - 12:00am
By Marianne V. Go | April 1, 2005 - 12:00am
By Zinnia B. Dela Peña | September 13, 2004 - 12:00am
By Margaret Jao-Grey | September 6, 2004 - 12:00am
By Zinnia B. Dela Peña | August 28, 2004 - 12:00am
November 1, 2003 - 12:00am
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