+ Follow BICOL AND COTABATO Tag
BICOL AND COTABATO
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 4862
[Title] => PNOC-EDC eyes P17.1 billion from secondary share offer
[Summary] =>
[DatePublished] => 2007-07-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 396412
[Title] => PNOC-EDC increases capital to P15B to offer pref shares
[Summary] =>
Geothermal power producer PNOC-Energy Development Corp. (PNOC-EDC) is increasing its capitalization to P15.075 billion to facilitate the creation of 7.5 billion preferred shares.
"The increase in authorized capital stock by way of creation of preferred shares will enable the company to carry out a further privatization by allowing additional foreign and domestic investment," PNOC-EDC said in a disclosure to the Philippine Stock Exchange.
[DatePublished] => 2007-04-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 380849
[Title] => PNOC-EDC set to prepay $75-M loan
[Summary] =>
PNOC-Energy Development Corp., a unit of state-owned Philippine National Oil Co., will prepay its $75-million loan after holding a successful initial public offering (IPO) last December.
In an interview, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa C. Guinigundo said the Monetary Board has approved the prepayment during its weekly meeting held last Thursday.
[DatePublished] => 2007-01-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1480108
[AuthorName] => Ma. Elisa Osorio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 376095
[Title] => PNOC-EDC agent to exercise 15% overallotment option on IPO shares
[Summary] =>
The investment bank that managed the successful initial public offering (IPO) of PNOC Energy Development Corp. has decided to exercise a 15-percent overallotment option, boosting the size of the total IPO to as much as P19.2 billion on the back of huge demand mostly from foreign investors.
[DatePublished] => 2006-12-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 374880
[Title] => PNOC-EDC sizzles in stock market debut
[Summary] =>
PNOC-Energy Development Corp., a unit of state-owned Philippine National Oil Co., sizzled in its stock market debut yesterday as investors gobbled up the shares, pushing the geothermal power producer’s stock price 42 percent higher to P4.55 against its initial public offering (IPO) price of P3.20.
[DatePublished] => 2006-12-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 373221
[Title] => PNOC-EDC sets IPO price at P3.20
[Summary] =>
PNOC Energy Development Corp. (PNOC-EDC), the geothermal arm of state-run Philippine National Oil Co.(PNOC), has set the offer price for shares to be sold through an initial public offering (IPO) at P3.20 each share to raise at least P14.4 billion.
The offer price is at the high end of the range it had set.
PNOC-EDC will offer to the public 4.5 billion and 5.2 billion PNOC-EDC shares from Dec. 4 to 8.
[DatePublished] => 2006-12-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 369813
[Title] => PNOC-EDC eyes up to P8.35B from offering
[Summary] =>
PNOC Energy Development Corp. (PNOC-EDC), the geothermal arm of state-run Philippine National Oil Co., expects to raise between P5.3 billion and P8.35 billion from the maiden offering of its shares to the public.
At the same time, the company said it is projecting its net profit to grow by 10 percent to P5.28 billion this year.
Without non-recurring gain, PNOC-EDC’s net income stood at P4.8 billion. Its net operating income amounted to P8.6 billion.
[DatePublished] => 2006-11-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 368906
[Title] => PNOC-EDC sets IPO timetable
[Summary] =>
The PNOC-Energy Development Corp.(EDC), the geothermal arm of the Philippine National Oil Co. (PNOC), has approved the timetable for its initial public offering (IPO), a ranking official said.
EDC president and chief executive officer Paul Aquino said based on the approved timeline for the privatization, the company will conduct pre-marketing from Nov. 6 to 17.
By Nov. 15, Aquino said they would be able to determine the price range for the offering. The price would then be fixed by Dec. 1.
[DatePublished] => 2006-11-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 366782
[Title] => PNOC-EDC sets int’l roadshow for IPO
[Summary] =>
PNOC-Energy Development Corp., (PNOC-EDC), the geothermal arm of state-run Philippine National Oil Co., will start the international roadshow for its initial public offering (IPO) on Nov. 20, the company said in a statement.
PNOC-EDC is selling between 2.12 billion shares and 2.609 billion shares through a primary offering at a price yet to be set on Dec. 2. The company has earlier indicated a price range of between P2.10 to P3.20 per share.
[DatePublished] => 2006-11-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 365393
[Title] => PSE okays P15-B IPO of PNOC geothermal unit
[Summary] =>
The Philippine Stock Exchange (PSE) has approved the listing of the geothermal arm of state-run Philippine National Oil Co. (PNOC) to usher in the second-biggest initial public offering (IPO) in the local stock market. PNOC-Energy Development Corp. (EDC) will sell 30 to 40 percent of its outstanding shares through the maiden offering of shares to the public estimated to raise around P15 billion.
[DatePublished] => 2006-10-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
