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                    [ArticleID] => 210582
                    [Title] => Aboitiz Power to issue P3.17-B in property dividends
                    [Summary] => Aboitiz Power Corp. (APC), a unit of publicly-listed Aboitiz Equity Ventures Inc., will issue P3.17 billion in property dividends to stockholders in line with efforts to consolidate its investments in power generation.


APC assistant corporate secretary Elsa Divinagracia said the company’s board, in a special meeting last June 13, approved to distribute all corporate investments other than those in power generation as property dividends to all stockholders of record as of June 16, 2003.


                    [DatePublished] => 2003-06-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 205420
                    [Title] => Aboitiz unit to assume P5-B Napocor debts
                    [Summary] => Luzon Hydro Corp., a subsidiary of Aboitiz Equity Ventures Inc., has offered to assume the obligations of the state-owned National Power Corp.as part of its recently-concuded independent power producer (IPP) renegotiations for the operation of the 70-megawatt Bakun hydro electric power plant in the Benguet province.


Bakun, located in the Cordilleras, is the first single purpose build-operate transfer hydro power plant in the Philippines.  It is a joint venture between AEV and Pacific Hydro Ltd. of Australia.


                    [DatePublished] => 2003-05-09 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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                    [ArticleID] => 202309
                    [Title] => Aboitiz seen to win bidding for Subic power supply deal
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV) has practically won the bidding for the privatization of the power supply for the Subic Bay Freeport after it submitted the lowest financial bid and passed the technical expertise evaluation, a company official said yesterday. 


                    [DatePublished] => 2003-04-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 188707
                    [Title] => Aboitiz ups stake in agribusiness unit
                    [Summary] => A month after completing the buyout of its partners in shipping line William, Gothong and Aboitiz (WG&A), Cebu-based holding firm Aboitiz Equity Ventures Inc. (AEV) has similarly raised its stake in an agribusiness subsidiary Fil-Am Foods.


                    [DatePublished] => 2002-12-21 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 186388
                    [Title] => Aboitiz completes acquisition of WG&A
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV) has taken over 91 percent of the listed shipping line WG&A after the recent completion of the mandatory tender offer to the minority shareholders worth P1.862 billion.


In a disclosure to the Philippine Stock Exchange, AEV assistant corporate secretary Elsa Divinagracia said the company has concluded the buy-out of WG&A, which it will soon rename to Aboitiz Transport Group Inc., with the additional purchase of some 467.7 million shares at P3.98 each.


                    [DatePublished] => 2002-12-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 170486
                    [Title] => Aboitiz buys out WG&A partners
                    [Summary] => Cebu-based Aboitiz Equity Ventures Inc. (AEV), one of the country’s largest family-controlled conglomerate, has bought out its partners in the publicly-listed shipping consortium WG&A for about P3.65 billion.


In a statement to the Philippine Stock Exchange, AEV assistant corporate secretary Elsa Divinagracia said an agreement was reached last Wednesday by the major shareholders of WG&A (which stands for William, Gothong, Aboitiz Inc.) for the acquisition by AEV of 918 million shares, equivalent to approximately 61 percent of the shipping company.


                    [DatePublished] => 2002-08-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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ELSA DIVINAGRACIA

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                    [Title] => Aboitiz Power to issue P3.17-B in property dividends
                    [Summary] => Aboitiz Power Corp. (APC), a unit of publicly-listed Aboitiz Equity Ventures Inc., will issue P3.17 billion in property dividends to stockholders in line with efforts to consolidate its investments in power generation.


APC assistant corporate secretary Elsa Divinagracia said the company’s board, in a special meeting last June 13, approved to distribute all corporate investments other than those in power generation as property dividends to all stockholders of record as of June 16, 2003.


                    [DatePublished] => 2003-06-18 00:00:00
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 205420
                    [Title] => Aboitiz unit to assume P5-B Napocor debts
                    [Summary] => Luzon Hydro Corp., a subsidiary of Aboitiz Equity Ventures Inc., has offered to assume the obligations of the state-owned National Power Corp.as part of its recently-concuded independent power producer (IPP) renegotiations for the operation of the 70-megawatt Bakun hydro electric power plant in the Benguet province.


Bakun, located in the Cordilleras, is the first single purpose build-operate transfer hydro power plant in the Philippines.  It is a joint venture between AEV and Pacific Hydro Ltd. of Australia.


                    [DatePublished] => 2003-05-09 00:00:00
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => Aboitiz seen to win bidding for Subic power supply deal
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV) has practically won the bidding for the privatization of the power supply for the Subic Bay Freeport after it submitted the lowest financial bid and passed the technical expertise evaluation, a company official said yesterday. 


                    [DatePublished] => 2003-04-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 188707
                    [Title] => Aboitiz ups stake in agribusiness unit
                    [Summary] => A month after completing the buyout of its partners in shipping line William, Gothong and Aboitiz (WG&A), Cebu-based holding firm Aboitiz Equity Ventures Inc. (AEV) has similarly raised its stake in an agribusiness subsidiary Fil-Am Foods.


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                    [ArticleID] => 186388
                    [Title] => Aboitiz completes acquisition of WG&A
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV) has taken over 91 percent of the listed shipping line WG&A after the recent completion of the mandatory tender offer to the minority shareholders worth P1.862 billion.


In a disclosure to the Philippine Stock Exchange, AEV assistant corporate secretary Elsa Divinagracia said the company has concluded the buy-out of WG&A, which it will soon rename to Aboitiz Transport Group Inc., with the additional purchase of some 467.7 million shares at P3.98 each.


                    [DatePublished] => 2002-12-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 170486
                    [Title] => Aboitiz buys out WG&A partners
                    [Summary] => Cebu-based Aboitiz Equity Ventures Inc. (AEV), one of the country’s largest family-controlled conglomerate, has bought out its partners in the publicly-listed shipping consortium WG&A for about P3.65 billion.


In a statement to the Philippine Stock Exchange, AEV assistant corporate secretary Elsa Divinagracia said an agreement was reached last Wednesday by the major shareholders of WG&A (which stands for William, Gothong, Aboitiz Inc.) for the acquisition by AEV of 918 million shares, equivalent to approximately 61 percent of the shipping company.


                    [DatePublished] => 2002-08-02 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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abtest

Aboitiz Power to issue P3.17-B in property dividends

By Zinnia B. Dela Peña | June 18, 2003 - 12:00am

Aboitiz Power Corp. (APC), a unit of publicly-listed Aboitiz Equity Ventures Inc., will issue P3.17 billion in property dividends to stockholders in line with efforts to consolidate its investments in power generation. APC...

Business

Aboitiz unit to assume P5-B Napocor debts

By Zinnia B. Dela Peña | May 9, 2003 - 12:00am

Luzon Hydro Corp., a subsidiary of Aboitiz Equity Ventures Inc., has offered to assume the obligations of the state-owned National Power Corp.as part of its recently-concuded independent power producer (IPP) renegotiations...

Business

Aboitiz seen to win bidding for Subic power supply deal

By Christina Mendez | April 11, 2003 - 12:00am

Aboitiz Equity Ventures Inc. (AEV) has practically won the bidding for the privatization of the power supply for the Subic Bay Freeport after it submitted the lowest financial bid and passed the technical expertise...

Business

Aboitiz ups stake in agribusiness unit

December 21, 2002 - 12:00am

A month after completing the buyout of its partners in shipping line William, Gothong and Aboitiz (WG&A), Cebu-based holding firm Aboitiz Equity Ventures Inc. (AEV) has similarly raised its stake in an agribusiness...

Business

Aboitiz completes acquisition of WG&A

By Christina Mendez | December 3, 2002 - 12:00am

Aboitiz Equity Ventures Inc. (AEV) has taken over 91 percent of the listed shipping line WG&A after the recent completion of the mandatory tender offer to the minority shareholders worth P1.862 billion. In a...

Business

Aboitiz buys out WG&A partners

By Christina Mendez | August 2, 2002 - 12:00am

Cebu-based Aboitiz Equity Ventures Inc. (AEV), one of the country’s largest family-controlled conglomerate, has bought out its partners in the publicly-listed shipping consortium WG&A for about P3.65 billion. In...

Business