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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 218865
                    [Title] => WG&A absorbs operations of Cebu Ferries Corp
                    [Summary] => WG&A , the country’s 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] => 215799
                    [Title] => WG&A earmarks P2B for new vessels, ICT upgrade
                    [Summary] => WG&A, the country’s largest and most profitable shipping firm, has earmarked as much as P2 billion for the acquisition of new vessels and the improvement of its computer system.


In an interview with reporters yesterday, WG&A president Enrique "Endika" Aboitiz said the bulk of the capital budget or P1.2 billion is being spent for the acquisition of two new ships – Superferry 17 and 18 – to support President Arroyo’s Strong Republic Nautical Highway (SRNH).


                    [DatePublished] => 2003-08-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 181154
                    [Title] => WG&A income down to P250.9-M 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] => 2002-10-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 175143
                    [Title] => Aboitiz to make tender offer to WG&A minority shareholders
                    [Summary] => Aboitiz Equity Ventures Inc. (AEVI) said it will make a tender offer to minority shareholders of William, Gothong & Aboitiz Inc. following its acquisition of a controlling interest in WG&A.


The Aboitiz group has agreed to purchase the combined 61-percent shareholdings of its partners – the Chiongbian and Gothong families – at P3.98 per share or for a total price of P3.65 billion.


Upon completion of the share purchase, the Aboitiz Group will increase its stake in the listed shipping firm to 92 percent from only 31 percent.


                    [DatePublished] => 2002-09-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

WILLIAM LINES INC

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 218865
                    [Title] => WG&A absorbs operations of Cebu Ferries Corp
                    [Summary] => WG&A , the country’s 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] => 215799
                    [Title] => WG&A earmarks P2B for new vessels, ICT upgrade
                    [Summary] => WG&A, the country’s largest and most profitable shipping firm, has earmarked as much as P2 billion for the acquisition of new vessels and the improvement of its computer system.


In an interview with reporters yesterday, WG&A president Enrique "Endika" Aboitiz said the bulk of the capital budget or P1.2 billion is being spent for the acquisition of two new ships – Superferry 17 and 18 – to support President Arroyo’s Strong Republic Nautical Highway (SRNH).


                    [DatePublished] => 2003-08-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 181154
                    [Title] => WG&A income down to P250.9-M 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] => 2002-10-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 175143
                    [Title] => Aboitiz to make tender offer to WG&A minority shareholders
                    [Summary] => Aboitiz Equity Ventures Inc. (AEVI) said it will make a tender offer to minority shareholders of William, Gothong & Aboitiz Inc. following its acquisition of a controlling interest in WG&A.


The Aboitiz group has agreed to purchase the combined 61-percent shareholdings of its partners – the Chiongbian and Gothong families – at P3.98 per share or for a total price of P3.65 billion.


Upon completion of the share purchase, the Aboitiz Group will increase its stake in the listed shipping firm to 92 percent from only 31 percent.


                    [DatePublished] => 2002-09-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

WG&A absorbs operations of Cebu Ferries Corp

By Zinnia B. Dela Peña | August 28, 2003 - 12:00am

WG&A , the country’s 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...

Business

WG&A earmarks P2B for new vessels, ICT upgrade

By Zinnia B. Dela Peña | August 2, 2003 - 12:00am

WG&A, the country’s largest and most profitable shipping firm, has earmarked as much as P2 billion for the acquisition of new vessels and the improvement of its computer system. In an interview with reporters...

Business

WG&A income down to P250.9-M in 1st 9 months

October 24, 2002 - 12:00am

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...

Business

Aboitiz to make tender offer to WG&A minority shareholders

By Zinnia B. Dela Peña | September 8, 2002 - 12:00am

Aboitiz Equity Ventures Inc. (AEVI) said it will make a tender offer to minority shareholders of William, Gothong & Aboitiz Inc. following its acquisition of a controlling interest in WG&A. The Aboitiz group...

Business