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                    [ArticleID] => 239671
                    [Title] => Manila Water doubles capital, prepares for IPO
                    [Summary] => The Ayala led utility Manila Water Co. (MWC) plans to double its authorized capital stock from P2 billion to P4 billion ahead of a planned initial public offering (IPO) in 2005.


Of the P2-billion capital increase, P500 million has been subscribed and paid by MWC majority shareholders:


Ayala Corp. (P310.34 million), UK-based United Utilities Pacific Holdings BV (P120.69 million), and BPI Capital Corp. (P68.96 million).


                    [DatePublished] => 2004-02-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 218973
                    [Title] => Manila Water to double capital to P4-B ahead of IPO
                    [Summary] => Manila Water Co. is doubling its authorized capital stock to P4 billion for a capital restructuring program in line with a  planned initial public offering (IPO).


MWC is an affiliate of Ayala Corp., one of the largest and most established conglomerates in the country with investments in the real estate, telecom and the banking sectors.


In a disclosure to the Philippine Stock Exchange MWC said the proposed increase in capitalization was approved by the company’s board of directors a special meeting yesterday.


                    [DatePublished] => 2003-08-29 00:00:00
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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INTERNATIONAL WATER LTD

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                    [ArticleID] => 239671
                    [Title] => Manila Water doubles capital, prepares for IPO
                    [Summary] => The Ayala led utility Manila Water Co. (MWC) plans to double its authorized capital stock from P2 billion to P4 billion ahead of a planned initial public offering (IPO) in 2005.


Of the P2-billion capital increase, P500 million has been subscribed and paid by MWC majority shareholders:


Ayala Corp. (P310.34 million), UK-based United Utilities Pacific Holdings BV (P120.69 million), and BPI Capital Corp. (P68.96 million).


                    [DatePublished] => 2004-02-20 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 218973
                    [Title] => Manila Water to double capital to P4-B ahead of IPO
                    [Summary] => Manila Water Co. is doubling its authorized capital stock to P4 billion for a capital restructuring program in line with a  planned initial public offering (IPO).


MWC is an affiliate of Ayala Corp., one of the largest and most established conglomerates in the country with investments in the real estate, telecom and the banking sectors.


In a disclosure to the Philippine Stock Exchange MWC said the proposed increase in capitalization was approved by the company’s board of directors a special meeting yesterday.


                    [DatePublished] => 2003-08-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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abtest

Manila Water doubles capital, prepares for IPO

By Zinnia B. Dela Peña | February 20, 2004 - 12:00am

The Ayala led utility Manila Water Co. (MWC) plans to double its authorized capital stock from P2 billion to P4 billion ahead of a planned initial public offering (IPO) in 2005. Of the P2-billion capital increase,...

Business

Manila Water to double capital to P4-B ahead of IPO

By Zinnia B. Dela Peña | August 29, 2003 - 12:00am

Manila Water Co. is doubling its authorized capital stock to P4 billion for a capital restructuring program in line with a planned initial public offering (IPO). MWC is an affiliate of Ayala Corp., one of the largest...

Business