CAINTA CARDONA

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                    [ArticleID] => 218973
                    [Title] => Manila Water to double capital to P4-B ahead of IPO
                    [Summary] => Manila Water Co. is doubling its authorized capital stock to P4 billion for a capital restructuring program in line with a  planned initial public offering (IPO).


MWC is an affiliate of Ayala Corp., one of the largest and most established conglomerates in the country with investments in the real estate, telecom and the banking sectors.


In a disclosure to the Philippine Stock Exchange MWC said the proposed increase in capitalization was approved by the company’s board of directors a special meeting yesterday.


                    [DatePublished] => 2003-08-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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Manila Water to double capital to P4-B ahead of IPO

By Zinnia B. Dela Peña | August 29, 2003 - 12:00am

Manila Water Co. is doubling its authorized capital stock to P4 billion for a capital restructuring program in line with a planned initial public offering (IPO). MWC is an affiliate of Ayala Corp., one of the largest...

Business