- Philstar.com
- The Philippine Star
- Pilipino Star Ngayon
- The Freeman
- Pang-Masa
- Banat
- Interaksyon
- Coupons
SUPPORT PHILSTAR
About Us |
Contact Us |
Advertise |
Privacy Policy |
Member Agreement |
Copyright Notice
Copyright © 2024. Philstar Global Corp. All Rights Reserved
X
+ Follow GOTHONG AND CHIONGBIAN Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 218865 [Title] => WG&A absorbs operations of Cebu Ferries Corp [Summary] => WG&A , the countrys largest shipping firm, will absorb the operations of its wholly-owned subsidiary Cebu Ferries Corp. as part of continuing efforts to improve operational efficiencies, the company told the Philippine Stock Exchange.
In a disclosure, WG&A said its board of directors decided to transfer to the company the shipping operations of CFC on or before Nov. 1.
CFC operates five vessels which it charters from WG&A.
The move is in line with efforts to streamline operations and cut on costs, WG&A said.
[DatePublished] => 2003-08-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 181022 [Title] => WG&A net profit down to P250.9M in 1st 9 months [Summary] => Higher depreciation charges and operating expenses pulled down the net income of listed shipping firm William, Gothong & Aboitiz (WG&A) in the first nine months of the year to P250.89 million from P564.57 million the previous level.
Excluding the non-recurring items booked in 2002 and 2003, WG&A said, in a quarterly report filed with the Securities Exchange Commission, that its net income would have been P520 million.
[DatePublished] => 2002-10-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 171489 [Title] => WG&A seeks P1-B loan to buy two ships [Summary] => Listed shipping firm WG&A will borrow P1 billion from a consortium of banks to finance the acquisition of two new vessels to further improve its services to the commuting public.
In a disclosure to the Securities and Exchange Commission, WG&A chief financial officer Susan Valdez said the board authorized the corporation to secure a P1-billion loan from a syndicate of banks, headed by Citibank N.A.with the two new vessels to be acquired as collateral.
The board approved the purchase from Meimon Taiyo Co. Ltd. of Japan of two vessels for $16 million.
[DatePublished] => 2002-08-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
GOTHONG AND CHIONGBIAN
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 218865 [Title] => WG&A absorbs operations of Cebu Ferries Corp [Summary] => WG&A , the countrys largest shipping firm, will absorb the operations of its wholly-owned subsidiary Cebu Ferries Corp. as part of continuing efforts to improve operational efficiencies, the company told the Philippine Stock Exchange.
In a disclosure, WG&A said its board of directors decided to transfer to the company the shipping operations of CFC on or before Nov. 1.
CFC operates five vessels which it charters from WG&A.
The move is in line with efforts to streamline operations and cut on costs, WG&A said.
[DatePublished] => 2003-08-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 181022 [Title] => WG&A net profit down to P250.9M in 1st 9 months [Summary] => Higher depreciation charges and operating expenses pulled down the net income of listed shipping firm William, Gothong & Aboitiz (WG&A) in the first nine months of the year to P250.89 million from P564.57 million the previous level.
Excluding the non-recurring items booked in 2002 and 2003, WG&A said, in a quarterly report filed with the Securities Exchange Commission, that its net income would have been P520 million.
[DatePublished] => 2002-10-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 171489 [Title] => WG&A seeks P1-B loan to buy two ships [Summary] => Listed shipping firm WG&A will borrow P1 billion from a consortium of banks to finance the acquisition of two new vessels to further improve its services to the commuting public.
In a disclosure to the Securities and Exchange Commission, WG&A chief financial officer Susan Valdez said the board authorized the corporation to secure a P1-billion loan from a syndicate of banks, headed by Citibank N.A.with the two new vessels to be acquired as collateral.
The board approved the purchase from Meimon Taiyo Co. Ltd. of Japan of two vessels for $16 million.
[DatePublished] => 2002-08-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | August 28, 2003 - 12:00am
By Zinnia B. Dela Peña | October 23, 2002 - 12:00am
By Zinnia B. Dela Peña | August 10, 2002 - 12:00am
Recommended
Adamson fights for dear life against also-ran Ateneo today and will try to force a knockout match with the University of the East for the last Final Four ticket in the UAAP Season 87 men’s basketball at the Filoil EcoOil Centre in San Juan.
13 hours ago
Adamson fights for its dear life against also-ran Ateneo with no more cards to play in a bid to force a knockout playoff with the University of the East for the last Final Four ticket in the UAAP Season 87 men’s basketball Saturday at the Filoil EcoOil Centre in San Juan.
20 hours ago
University of the Philippines recovered mightily from another lethargic start and completed a vengeful 62-51 win over Centro Escolar University at the start of the first phase of the semis round in the PGFlex Invitational Basketball Tournament.
1 day ago
Once upon a time, there were basketball fans who believed that Scottie Thompson is not an effective basketball player on the international stage.
1 day ago
A week ago, Kai Sotto was still in the middle of concussion protocol. He was deemed questionable to play for Gilas Pilipinas, who is set to face World No. 22 New Zealand in the FIBA Asia Cup qualifiers.
1 day ago
Lotto Nov 22, 2024
EZ2/LVM - 17 1
SUERTRES - 1 2 6
6D Lotto - 4 7 5 2
6/45 Lotto - 31 38 33 44 9 17
P18,339,819.00
6/58 Ultra Lotto - 22 6 31 34 17 5
P143,013,966.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66