+ Follow MWC Tag
MWC
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[results] => Array
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[0] => Array
(
[ArticleID] => 1991229
[Title] => Better days ahead
[Summary] => Lost in all this inquiries into the concession agreements of Maynilad Water Services and Manila Water Co. is the fact that Metro Manila has the lowest water rates compared to other urban centers in the country and even to other big cities in the Asia Pacific region.
[DatePublished] => 2020-02-08 00:00:00
[ColumnID] => 134315
[Focus] => 1
[AuthorID] => 1805465
[AuthorName] => Mary Ann LL. Reyes
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 932964
[Title] => Manila Water to get boost from Indonesian investment
[Summary] => Manila Water Corp.’s planned investment in Indonesian utility firm PT PAM Lyonnaise Jaya (PALYJA) is seen as a major driver of growth, potentially accounting for 40 percent revenues of the Ayala-led water concessionaire.
[DatePublished] => 2013-04-21 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 928075
[Title] => MWC expects big results from Indonesia investment
[Summary] => Manila Water Corp.’s (MWC) planned investment in Indonesian utility firm PT PAM Lyonnaise Jaya (PALYJA) will be a major driver of growth, potentially accounting for 40 percent of the Ayala-led water concessionaire in the east zone in Metro Manila.
[DatePublished] => 2013-04-08 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 271190
[Title] => Shining example of a successful privatization
[Summary] => Manila Water Corp. (MWC) debuted on the Philippine Stock Exchange last Friday and closed at P6.90 or 6.2 percent higher than its IPO price of P6.50. MWC gained as much as 17 percent, registering an intraday high of P7.60, but the strong opening was met by profit-taking as the day was marked by broad-based correction in the market with the Phisix declining by 2.4 percent. A number of reasons triggered the market decline:
1) The delay of the much-awaited VAT bill;
2) The decline in global equity prices due to the record-rise in crude oil prices; and
[DatePublished] => 2005-03-21 00:00:00
[ColumnID] => 135252
[Focus] => 0
[AuthorID] => 1357954
[AuthorName] => Ignacio B. Gimenez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 263991
[Title] => Manila Water seeks exemption from SEC’s reportorial requirements
[Summary] => The Ayala-led water utility firm Manila Water Co.(MWC) is seeking exemption from reportorial requirements imposed by the Securities and Exchange Commission (SEC) to publicly-listed companies.
The SEC’s Corporation Finance Department director Justina F. Callangan said MWC has requested exemption from reportorial requirements for the years 2001 to 2003, pointing out that it should not be classified as a public company with equity securities listed in the stock exchange.
[DatePublished] => 2004-09-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 252270
[Title] => IFC takes 9% stake in Manila Water
[Summary] => The International Finance Corp. (IFC), the private sector arm of the World Bank, will acquire a nine percent stake in Manila Water Co. (MWC) for $15 million, its first ever investment in the water sector in East Asia.
At the same time, IFC has agreed to extend a $30 million, 13-year loan facility to MWC which will be used to fund capital requirements over the next five years, as well as possible expansion initiatives in other areas of the country and the Asian region.
[DatePublished] => 2004-06-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 250832
[Title] => Manila Water pumps 13% higher income in 1st qtr
[Summary] => Manila Water Corp. (MWC) posted a net income of P309 million in the first quarter this year, up by 13 percent from the previous year’s level, the company said yesterday.
Revenues grew 16 percent during the period to P930 million from P802 million in the same period last year.
The Ayala-controlled company said its aggressive capital expenditure program has resulted in significant service expansion, adding one million people to its service area.
[DatePublished] => 2004-05-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 239671
[Title] => Manila Water doubles capital, prepares for IPO
[Summary] => The Ayala led utility Manila Water Co. (MWC) plans to double its authorized capital stock from P2 billion to P4 billion ahead of a planned initial public offering (IPO) in 2005.
Of the P2-billion capital increase, P500 million has been subscribed and paid by MWC majority shareholders:
Ayala Corp. (P310.34 million), UK-based United Utilities Pacific Holdings BV (P120.69 million), and BPI Capital Corp. (P68.96 million).
[DatePublished] => 2004-02-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[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] =>
)
[9] => Array
(
[ArticleID] => 202387
[Title] => Manila Water plans IPO in late 2004 or early 2005
[Summary] => The Ayala-led Manila Water Co. Inc. (MWC) plans to go public in late 2004 or early 2005, top officials of the company said yesterday.
In an interview yesterday, MWC president Antonino T. Aquino said the water distribution company is seriously looking at going public within the next two years. In fact, the company is now negotiating with a prospective financial advisor for the public offer.
"The Bank of the Philippine Islands (BPI) is a part owner of Manila Water, so somehow we expect that they would be involved in the process of public offering," Aquino said.
[DatePublished] => 2003-04-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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