+ Follow CHIONGBIAN AND GOTHONG Tag
CHIONGBIAN AND GOTHONG
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[results] => Array
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[ArticleID] => 255717
[Title] => Aboitiz Transport shareholders okay capital hike to P2.375-B
[Summary] => Shareholders of Aboitiz Transport System Corp. (formerly WG&A) approved yesterday the planned increase in the shipping firm’s capital stock to P2.375 billion from P1.625 billion.
At the same time, the ATS shareholders ratified the resolution approved by the board of directors last February to decrease the authorized redeemable preferred shares from 150.29 million shares to 75.38 million shares.
[DatePublished] => 2004-06-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 209374
[Title] => Brokerage houses linked to illegal trades of WG&A shares
[Summary] => The Securities and Exchange Commission (SEC) has found evidence linking several brokerage houses to illegal trading activities involving shares of shipping giant William, Gothong & Aboitiz (WG&A).
SEC sources said among the violations spotted by the agency’s Compliance and Enforcement Department (CED) were wash sales or transactions that leave no change in beneficial ownership. There were also violations of the SEC’s rules on order ticket and confirmation of purchases and sales.
[DatePublished] => 2003-06-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 199848
[Title] => Aboitiz group to branch out into wind power
[Summary] => Aboitiz Power Corp.(APC), the flagship unit of the publicly-listed holding firm Aboitiz Equity Ventures, will branch out into the development of wind-propelled power as it explores the possibility of further harnessing an ongoing government project in Northern Luzon.
AEV corporate secretary Eugeniano Perez III said APC signed last Thursday a memorandum of understanding with the state-owned PNOC Energy Development Corp. (PNOC-EDC) for the conduct of a feasibility study on the second phase of the latter’s Northern Luzon Wind Power Project.
[DatePublished] => 2003-03-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1237712
[AuthorName] => Conrado Diaz Jr.
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
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[ArticleID] => 197981
[Title] => AEV bids for Subic power supply
[Summary] => Cebu-based Aboitiz Equity Ventures Inc. (AEV) will bid for the privatization of the power supply for the entire Subic Bay Freeport, a franchise area with an average annual income of P689 million.
[DatePublished] => 2003-03-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 186388
[Title] => Aboitiz completes acquisition of WG&A
[Summary] => Aboitiz Equity Ventures Inc. (AEV) has taken over 91 percent of the listed shipping line WG&A after the recent completion of the mandatory tender offer to the minority shareholders worth P1.862 billion.
In a disclosure to the Philippine Stock Exchange, AEV assistant corporate secretary Elsa Divinagracia said the company has concluded the buy-out of WG&A, which it will soon rename to Aboitiz Transport Group Inc., with the additional purchase of some 467.7 million shares at P3.98 each.
[DatePublished] => 2002-12-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => 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] =>
)
[6] => Array
(
[ArticleID] => 177333
[Title] => WG&A won’t be delisted - AEV
[Summary] => The buy-out of listed shipping firm William Gothong & Aboitiz (WG&A) by the Cebu-based Aboitiz Equity Ventures (AEV) will not result in the delisting of the former’s shares at the Philippine Stock Exchange.
In its tender offer report filed with the Securities and Exchange Commission (SEC), AEV said it does not have any plan to delist WG&A shares nor does it plan to do any act that would result to its being exempted from the reportorial requirements of the Securities Regulations Code.
[DatePublished] => 2002-09-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 177204
[Title] => Aboitiz set to complete buyout of WG&A
[Summary] => The Aboitiz group will be completing its buyout of the listed shipping line WG&A Inc. through a mandatory tender offer it will submit to the Securities and Exchange Commission (SEC), a top official said.
Aboitiz Equity Ventures (AEV) corporate secretary Eugeniano Perez III said the company’s board has approved the tender offer application to the remaining stockholders after it bought out its partners in WG&A for P3.65 billion last August.
[DatePublished] => 2002-09-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => 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] =>
)
[9] => Array
(
[ArticleID] => 170996
[Title] => SEC, PSE to probe WG&A stock deals
[Summary] => The Securities and Exchange Commission and the Philippine Stock Exchange will investigate stock transactions involving WG&A to determine whether irregular trading activities were committed prior to the disclosure of the proposed sale by the Chiongbian and Gothong families of their combined 61-percent stake in the listed shipping firm.
[DatePublished] => 2002-08-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
October 24, 2002 - 12:00am
September 24, 2002 - 12:00am
