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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
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METROPOLITAN WATER SEWERAGE SYSTEM

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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).


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                    [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