^
+ Follow EAST ASIA POWER CORP Tag
EAST ASIA POWER CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1377207
                    [Title] => Filinvest powers up energy comeback
                    [Summary] => 

Filinvest Development Corp. (FDC), the investment holding vehicle of the Gotianun family, is firming up its comeback in the power industry with plans to double its energy portfolio in five years’ time.

[DatePublished] => 2014-10-07 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1260436 [Title] => Filinvest group to construct 100-M hydro plant in Luzon [Summary] =>

After setting up a 405-megawatt (MW) coal-fired power facility in Mindanao, Gotianun-led Filinvest group is eyeing to construct a 100-MW hydro-electric power facility in Luzon, a top company official said.

[DatePublished] => 2013-11-25 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 903371 [Title] => Filinvest holding firm to issue $300-M bonds [Summary] =>

Filinvest Development Corp. (FDC), the listed investment holding company of the Gotianun family, said it plans to raise as much as $300 million through an overseas bond sale.

[DatePublished] => 2013-02-01 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 764803 [Title] => FDC Utilities raises capital to P4B [Summary] =>

FDC Utilities, a wholly-owned unit of Gotianun-led Filinvest Development Corp., has raised its capitalization to P4 billion from only P16 million to fund its re-entry into the power business.

[DatePublished] => 2012-01-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 707498 [Title] => East Asia Power plans entry into property development [Summary] =>

Century Properties Inc. is planning on expanding the business of newly-acquired East Asia Power Corp. (EAPC), including diversifying into property development.

[DatePublished] => 2011-07-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 636760 [Title] => Gotianuns eye return to power business [Summary] =>

The family of tycoon Andrew Gotianun is making a comeback in the power generation business and at the same time expand into utilities to ride the wave of opportunities offered by these sectors.

[DatePublished] => 2010-12-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 375593 [Title] => East Asia unit files for rehab in court [Summary] => Publicly-listed East Asia Power Corp.’s power generation unit East Asia Diesel Power Corp. has filed for corporate rehabilitation with the Malabon Regional Trial Court.

In a disclosure to the Philippine Stock Exchange, East Asia said the filing of the petition was prompted by the recent aggressive and precipitous actions taken by some of its financial creditors which included the seizure of all its cash deposits.
[DatePublished] => 2006-12-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 375090 [Title] => East Asia units get debt reprieve [Summary] => The Malabon Regional Trial Court has issued an order effectively suspending all claims lodged against East Asia Power Corp.’s power generation units East Asia Diesel Power Corp. and Duracom Mobile Power Corp.

In its order, the Malabon RTC also prohibited EADPC and DMPC from selling, transferring or disposing any of their properties except in the ordinary course of their business. They are also probhited from making any payment of their liabilities outstanding at the date of filing of the petition.
[DatePublished] => 2006-12-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 350298 [Title] => Power firms start tests on use of coco-biodiesel [Summary] => Several power generating firms have started tests on the use of coco-methyl ester (CME) or coco-biodiesel in their respective power plants.

Data from the Asian Institute of Petroleum Studies (AIPS) showed that the National Power Corp. (Napocor) and Salcon Power Plant have already completed their tests while East Asia Power Corp. is still finalizing the results of its tests.

Napocor had tested the use of one percent CME blend on two of its Busuanga generating sets while Salcon used the same blend with its 280 kilowatt (kW) Volvo Penta generating plant.
[DatePublished] => 2006-07-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 222670 [Title] => You ask, you pay [Summary] => Starting today, Oct. 1, PLDT will no longer be using 114 as its directory assistance number. Instead, its enhanced directory assistance service which will include new value-added features will be utilizing a new number, 187. While "Call 187," as the new service is dubbed, will be some sort of a one-stop shop for different types of information, callers will be charged P3 per inquiry as basic charge because of the huge cost of the project. And according to PLDT officials, the Philippines is one of the few remaining countries that does not charge directory assistance services. [DatePublished] => 2003-10-01 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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