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+ Follow ABOITIZ INC Tag
ABOITIZ INC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1252729
                    [Title] => CA junks P500-M Aboitiz damage suit vs PPA
                    [Summary] => 

The Court of Appeals (CA) has junked a P500-million damage claim of shipping giant Aboitiz Transport System Corp. against the Philippine Ports Authority (PPA).

[DatePublished] => 2013-11-04 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096875 [AuthorName] => Edu Punay [SectionName] => Metro [SectionUrl] => metro [URL] => ) [1] => Array ( [ArticleID] => 599530 [Title] => Aboitiz to receive doctorate degree in business management [Summary] =>

The University of San Jose- Recoletos (USJ-R) is set to confer the degree of Doctor of Science in Business Management (Honoris Causa) upon Roberto Aboitiz, in recognition of his invaluable contributions to business and humanitarian endeavors.

[DatePublished] => 2010-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1333920 [AuthorName] => Garry B. Lao [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [2] => Array ( [ArticleID] => 30026 [Title] => Families in Minglanilla benefit from GK housing project [Summary] => [DatePublished] => 2007-11-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [3] => Array ( [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] => ) [4] => Array ( [ArticleID] => 243884 [Title] => Aboitiz Equity Ventures income down 8% to P2-B in 2003 [Summary] => Aboitiz Equity Ventures Inc. (AEV) posted a P2.025-billion unaudited net income last year, down by eight percent from the previous year’s level of P2.205 billion.

AEV’s 2002 earnings included proceeds from subsidiary Luzon Hydro Corp.’s business interruption claim of P236 million.

The company’s 2003 earnings, on a recurring basis, therefore increased by three percent from 2002’s recurring income, giving the company a compounded annual growth rate of 22 percent.
[DatePublished] => 2004-03-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 232751 [Title] => Anscor to sell stake in M’danao Container Corp [Summary] => A. Soriano Corp. (ANSCOR) has approved a plan to sell its interest in Mindanao Container Corp., through 100 percent owned subsidiary Anscor Consolidated Corp., the company said in a disclosure to the Philippine Stock Exchange.

The move follows the sale of Aboitiz Equity Ventures Inc. of its 35-percent stake in MCC for P26.95 million.

AEV said the sale is in line with its strategy of selling non-core assets for value and deploying the gains from such sale to its core businesses in order to maximize share worth.
[DatePublished] => 2003-12-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 231815 [Title] => Aboitiz to sell 35% stake in Mindanao Container [Summary] => Aboitiz Equity Ventures Inc. (AEV) is selling its 35 percent stake in Mindanao Container Co. (MCC) for P26.95 million, the company told the Philippine Stock Exchange (PSE) yesterday.

AEV said the sale is in line with its strategy of selling non core assets for value and deploying the gains from such sale to its core businesses.

AEV said it signed Friday a memorandum of agreement (MOA) for the sale of its 50,000 shares in MCC at P539 per share. AEVI will gain P13 million from the sale of its shares.
[DatePublished] => 2003-12-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 227739 [Title] => Aboitiz raises stake in Subic power firm [Summary] => Aboitiz Equity Ventures Inc. (AEV) will invest an additional P1.75 million in Subic EnerZone Corp., which has been awarded the right to distribute power in the Subic Bay Freeport under a rehabilitate-operate-transfer scheme.

In a disclosure to the Philippine Stock Exchange, AEV said its board has approved the acquisition of an additional one million shares in SEZC. The company currently holds 20- percent interest in SEZC.
[DatePublished] => 2003-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 179535 [Title] => Aboitiz to acquire 20% of SQL*Wizard [Summary] => The Aboitiz family, through William Gothong & Aboitiz Inc. (WG&A) and Aboitiz One Inc., will acquire 20 percent of listed software service firm SQL*Wizard Inc. for P14 million or P3.50 per share.

In a disclosure to the Philippine Stock Exchange yesterday, SQL said WG&A and Aboitiz One have agreed to acquire two million shares each or a combined total of four million shares being offered by majority shareholders of the software firm. The shares offered represent 20 percent of SQL’s outstanding capital stock.
[DatePublished] => 2002-10-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => 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] => ) ) )
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