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                    [ArticleID] => 359504
                    [Title] => Aboitiz Equity raises P131M more from sale of shares
                    [Summary] => 



Aboitiz Equity Ventures Inc. (AEVI), the investment holding company of the Aboitiz family, sold an additional 25.7 million of its treasury shares worth about P131 million to raise funds for its expansion in the power sector.


In a disclosure to the Philippine Stock Exchange, AEVI said the shares were sold at P5.10 and P5.20 per share.


Proceeds from the offering will be used to fund greenfield power projects and to bid for the power plants of the state-owned National Power Corp. (Napocor).


                    [DatePublished] => 2006-09-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
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                    [ArticleID] => 325063
                    [Title] => Aboitiz Equity taps BPI for P2.2-B loan
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV) has tapped a P2.2-billion loan facility with the Bank of the Philippine Islands to finance the expansion of its power generation and banking units as well as new investments, according to informed sources.


AEV needs between P5 billion to P6 billion for the construction of three new plants over the next two or three years. The plants, located in the Visayas-Mindanao area, are estimated to cost between $300 million and $500 million. 


                    [DatePublished] => 2006-03-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
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                    [ArticleID] => 293636
                    [Title] => Aboitiz Equity eyes $80M from sale of treasury shares
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV), the investment holding company of the Aboitiz family, expects to raise around $80 million (roughly P4.4 billion) from the sale of its treasury shares proceeds of the sale will be used to bankroll the expansion of its power generation and banking units and finance new investments.


AEV president and chief executive officer Jon Ramon Aboitiz said the company is merely waiting for a better time to implement its planned issuance of 890 million shares through a secondary offering.


                    [DatePublished] => 2005-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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            [3] => Array
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                    [ArticleID] => 278410
                    [Title] => Aboitiz Group mulls $500-M power plant proj
                    [Summary] => Hoping to replicate the success of its power distribution business in Subic, Aboitiz Equity Ventures(AEV) plans to build three new plants in the Visayas-Mindanao area estimated to cost a combined $500 million.


AEV president and chief executive officer Jon Ramon Aboitiz said the company is looking at the construction of  a 200-megawatt (MW) coal-fired plant in Cebu and two hydropower plants in Davao.   


Aboitiz said the company may tap new borrowings or issue treasury shares to fund its planned capital investment.


                    [DatePublished] => 2005-05-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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KOREAN ELECTRIC PHILIPPINES CO

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    [results] => Array
        (
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                    [ArticleID] => 359504
                    [Title] => Aboitiz Equity raises P131M more from sale of shares
                    [Summary] => 



Aboitiz Equity Ventures Inc. (AEVI), the investment holding company of the Aboitiz family, sold an additional 25.7 million of its treasury shares worth about P131 million to raise funds for its expansion in the power sector.


In a disclosure to the Philippine Stock Exchange, AEVI said the shares were sold at P5.10 and P5.20 per share.


Proceeds from the offering will be used to fund greenfield power projects and to bid for the power plants of the state-owned National Power Corp. (Napocor).


                    [DatePublished] => 2006-09-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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                )

            [1] => Array
                (
                    [ArticleID] => 325063
                    [Title] => Aboitiz Equity taps BPI for P2.2-B loan
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV) has tapped a P2.2-billion loan facility with the Bank of the Philippine Islands to finance the expansion of its power generation and banking units as well as new investments, according to informed sources.


AEV needs between P5 billion to P6 billion for the construction of three new plants over the next two or three years. The plants, located in the Visayas-Mindanao area, are estimated to cost between $300 million and $500 million. 


                    [DatePublished] => 2006-03-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
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                    [ArticleID] => 293636
                    [Title] => Aboitiz Equity eyes $80M from sale of treasury shares
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV), the investment holding company of the Aboitiz family, expects to raise around $80 million (roughly P4.4 billion) from the sale of its treasury shares proceeds of the sale will be used to bankroll the expansion of its power generation and banking units and finance new investments.


AEV president and chief executive officer Jon Ramon Aboitiz said the company is merely waiting for a better time to implement its planned issuance of 890 million shares through a secondary offering.


                    [DatePublished] => 2005-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 278410
                    [Title] => Aboitiz Group mulls $500-M power plant proj
                    [Summary] => Hoping to replicate the success of its power distribution business in Subic, Aboitiz Equity Ventures(AEV) plans to build three new plants in the Visayas-Mindanao area estimated to cost a combined $500 million.


AEV president and chief executive officer Jon Ramon Aboitiz said the company is looking at the construction of  a 200-megawatt (MW) coal-fired plant in Cebu and two hydropower plants in Davao.   


Aboitiz said the company may tap new borrowings or issue treasury shares to fund its planned capital investment.


                    [DatePublished] => 2005-05-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

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Aboitiz Equity raises P131M more from sale of shares

By Zinnia B. Dela Peña | September 23, 2006 - 12:00am

Aboitiz Equity Ventures Inc. (AEVI), the investment holding company of the Aboitiz family, sold an additional 25.7 million of its treasury shares worth about P131 million to raise funds for its expansion...

Business

Aboitiz Equity taps BPI for P2.2-B loan

By Zinnia B. Dela Peña | March 9, 2006 - 12:00am

Aboitiz Equity Ventures Inc. (AEV) has tapped a P2.2-billion loan facility with the Bank of the Philippine Islands to finance the expansion of its power generation and banking units as well as new investments, according...

Business

Aboitiz Equity eyes $80M from sale of treasury shares

By Zinnia B. Dela Peña | August 27, 2005 - 12:00am

Aboitiz Equity Ventures Inc. (AEV), the investment holding company of the Aboitiz family, expects to raise around $80 million (roughly P4.4 billion) from the sale of its treasury shares proceeds of the sale will...

Business

Aboitiz Group mulls $500-M power plant proj

By Zinnia B. Dela Peña | May 20, 2005 - 12:00am

Hoping to replicate the success of its power distribution business in Subic, Aboitiz Equity Ventures(AEV) plans to build three new plants in the Visayas-Mindanao area estimated to cost a combined $500 million. AEV...

Business