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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 339658 [Title] => Integrated Microelectronics sees P2.18-B income [Summary] => Banking on the improving electronics markets abroad and recent acquisitions, Ayala-controlled Integrated Microelectronics Inc. (IMI) is eyeing a 131 percent jump in its net profit this year to $420 million (roughly P2.18 billion) from $182 million last year, according to a top company official.
IMI president and chief executive officer Arthur Tan said the company’s year-to-date income has already amounted to $16 million, up 70 percent from the previous level.
[DatePublished] => 2006-06-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 281181 [Title] => Ayala unit acquires Singapore-based Speedy-Tech Electronics [Summary] => Integrated Microelectronics Inc. (IMI), the electronics unit of conglomerate Ayala Corp., has signed a conditional merger agreement with Singapore-based electronics manufacturing services provider Speedy-Tech Electronics Ltd.
The merger deal involves the transfer of all issued Speedy-Tech shares to IMI. In exchange, IMI shall provide Speedy-Tech shareholders a cash consideration of $0.535 a share or a share exchange equal to 1.3249 shares of IMI for each Speedy-Tech share, or a combination of both.
[DatePublished] => 2005-06-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
SPEEDY-TECH
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 339658 [Title] => Integrated Microelectronics sees P2.18-B income [Summary] => Banking on the improving electronics markets abroad and recent acquisitions, Ayala-controlled Integrated Microelectronics Inc. (IMI) is eyeing a 131 percent jump in its net profit this year to $420 million (roughly P2.18 billion) from $182 million last year, according to a top company official.
IMI president and chief executive officer Arthur Tan said the company’s year-to-date income has already amounted to $16 million, up 70 percent from the previous level.
[DatePublished] => 2006-06-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 281181 [Title] => Ayala unit acquires Singapore-based Speedy-Tech Electronics [Summary] => Integrated Microelectronics Inc. (IMI), the electronics unit of conglomerate Ayala Corp., has signed a conditional merger agreement with Singapore-based electronics manufacturing services provider Speedy-Tech Electronics Ltd.
The merger deal involves the transfer of all issued Speedy-Tech shares to IMI. In exchange, IMI shall provide Speedy-Tech shareholders a cash consideration of $0.535 a share or a share exchange equal to 1.3249 shares of IMI for each Speedy-Tech share, or a combination of both.
[DatePublished] => 2005-06-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Zinnia B. Dela Peña | June 1, 2006 - 12:00am
By Zinnia B. Dela Peña | June 11, 2005 - 12:00am
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