+ Follow INTERNATIONAL HOLDINGS CORP Tag
INTERNATIONAL HOLDINGS CORP
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[0] => Array
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[ArticleID] => 245397
[Title] => ICTSI posts 22% revenue growth in 2003
[Summary] => Port operator International Container Terminal Services Inc. (ICTSI) registered a 22-percent increase in consolidated revenues last year, due mainly to the full year consolidation of new subsidiary Baltic Container Terminal in Gdynia, Poland, the company told the Philippine Stock Exchange.
ICTSI acquired BCT, one of the premier container terminals in Poland, in June 2003.
No other details were given by ICTSI as its auditors are still preparing the company’s audited financial statements for 2003.
[DatePublished] => 2004-04-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 242655
[Title] => Int’l trade exhibit aims to mobilize OFW capital
[Summary] => An international trade show is being geared to mobilize the growing dollar resources of overseas Filipino workers (OFWs) for local investments through corporate and entrepreneurial endeavors.
Slated at the SM Megatrade Hall 3 in Mandaluyong City on April 16 to 18, the 2nd OFW Trade Show and Seminar is counting on the participation of various sectors of the local and global industry for the OFWs’ guidance on investment areas, especially with the current surge in the value of the greenback.
[DatePublished] => 2004-03-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 218587
[Title] => ICTSI secures P1-B loan from Equitable-Insular Life
[Summary] => Port operator International Container Terminal Services Inc. (ICTSI) has secured a P1-billion long-term loan from Equitable PCIBank and Insular Life Assurance Co. Ltd., the company told the Philippine Stock Exchange.
In a disclosure ICTSI said it secured a seven-year floating rate peso-denominated loan of P500 million from Equitable PCIBank and a 10-year fixed rate peso-denominated loan of P500 million from Insular Life.
[DatePublished] => 2003-08-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 208633
[Title] => ICTSI earmarks $80M for Poland terminal
[Summary] => International Container Terminal Services Inc. (ICTSI) has earmarked $80 million for the operation and management of the Baltic Container Terminal (BCT) in Gdynia, Poland.
The amount is on top of the $41-million payment made by ICTSI for the right to operate the BCT, one of the premier container terminals in Poland. Funding for the project will come from a combination of internal and external financing.
[DatePublished] => 2003-06-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 200795
[Title] => ICTSI allots P400M for cargo handling, IT
[Summary] => Port operator International Container Terminal Services Inc. is allotting between P370 million and P400 million for the purchase of new cargo handling equipment and the improvement of its IT (information technology) systems.
In documents submitted to the Securities and Exchange Commission, ICTSI said that out of the estimated budget, P230 million will be spent for civil works, systems improvement and minor cargo handling equipment at the Manila International Container Terminal (MICT) and P110 million for new reefer facilities and IT systems.
[DatePublished] => 2003-03-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 197101
[Title] => ICTSI to operate Poland container terminal
[Summary] => Having submitted the highest bid, port operator International Container Terminal Services Inc. (ICTSI) won the right to operate the Baltic Container Terminal (BCT) in Gdynia, Poland.
In a press statement issued yesterday, ICTSI said it has been formally confirmed as the winning bidder by the Supervisory Board overseeing the privatization of Poland’s premier container terminal. ICTSI bested second place bidder APM Terminals, sister company of liner operator Maersk Sealand.
[DatePublished] => 2003-02-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 184454
[Title] => ICTSI reports hike in 9-month net income to P3.6-B
[Summary] => Port operator International Container Terminal Services Inc. (ICTSI) announced recently that its net income rose nine percent in the first nine months of the year to P3.6 billion, driven by the strong volume growth in all its terminals.
ICTSI said the earnings reported during the nine-month period and in 2001 included non-recurring income from the sale of ICTSI International Holdings Corp. to the Hutchison Group of Hong Kong.
On a recurring basis, ICTSI said it still reported an eight percent growth in net earnings for the period January to September this year.
[DatePublished] => 2002-11-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 153717
[Title] => ICTSI redeems $130-M notes before due date
[Summary] => Port operators International Container Terminal Services Inc. (ICTSI) said yesterday it has fully redeemed $130 million in convertible notes still due in 2004 using the proceeds from the sale last year of its foreign subsidiaries.
The redemption brought up ICTSI’s total note payments over the past several months to $171 million or approximately P8.6 billion representing the principal, the fixed coupon interest and the premium.
[DatePublished] => 2002-03-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 147402
[Title] => ICTSI sees P5-B equity from foreign unit
[Summary] => Port operator International Container Terminal Services Inc. (ICTSI) will receive P5 billion in equity investment from its foreign subsidiary as part of the proceeds from last year’s sale deal with Hutchison International Port Holdings Ltd. (HPH), the company told the Philippine Stock Exchange.
ICTSI executive vice president Edgardo Abesamis said the Cayman Island-based subsidiary-International Container Terminal Holdings Inc. (ICTHI) – will reinvest to its parent company the amount through the issuance of new preferred non-voting shares.
[DatePublished] => 2002-01-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 140877
[Title] => RP’s top port operators post higher revenues
[Summary] => Despite the global trade slowdown, the financial health of the country’s top port operators remained resilient as revenues from their operations increased during the first nine months of 2001.
Records show that both International Container Terminal Services Inc. (ICTSI) and Asian Terminal Inc. (ATI) posted higher gross revenues during the period, although their bottom line earnings were mixed.
[DatePublished] => 2001-11-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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