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+ Follow COMMUNICATIONS AND ENERGY VENTURES INC Tag
COMMUNICATIONS AND ENERGY VENTURES INC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1000291
                    [Title] => MVP sets 51% limit on Meralco stake
                    [Summary] => 

Publicly-listed Metro Pacific Investments Corp. (MPIC), the flagship firm of the business empire headed by Manuel V. Pangilinan, is set to limit its interest in utility giant Manila Electric Co. (Meralco).

[DatePublished] => 2013-07-23 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 784555 [Title] => PCEV core net income up 19% [Summary] =>

PLDT Communications and Energy Ventures Inc (PCEV), formerly known as Pilipino Telephone Corp. (Piltel), said its core net income last year stood at P2.5 billion, a 19 percent growth from the P2.1 billion recorded in 2010. PCEV’s income was derived mainly from its direct equity share in the net income of Manila Electric Co. (Meralco) and its holdings in Beacon Electric Asset Holdings Inc.

[DatePublished] => 2012-03-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 770589 [Title] => Metro Pacific hikes stake in Meralco [Summary] =>

The Metro Pacific Group has increased its stake in power distribution Manila Electric Co. (Meralco) with the acquisition by Beacon Asset Holdings Inc. of an additional 2.66 percent worth P8.85 billion.

[DatePublished] => 2012-01-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 690741 [Title] => Additional Meralco stake bought from market - MPIC [Summary] =>

The recent four percent increase in Metro Pacific’s stake in electric distribution utility Manila Electric Co. (Meralco) to 45 percent was a result of the group accumulating and buying shares from the market.

[DatePublished] => 2011-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 689062 [Title] => MPIC, PLDT raise stake in Meralco [Summary] =>

The joint venture of Metro Pacific Investments Corp. (MPIC) and Philippine Long Distance Telephone Co. (PLDT) has acquired an additional stake in Manila Electric Co. (Meralco), bringing their group’s total holdings to 45 percent.

[DatePublished] => 2011-05-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 662030 [Title] => PLDT plans to delist former Piltel [Summary] =>

The Philippine Long Distance Telephone Co. (PLDT) said it plans to delist PLDT Communications and Energy Ventures Inc. (PCEV), formerly Pilipino Telephone Corp., from the local bourse but the current conditions for delisting may not augur well for the company.

[DatePublished] => 2011-03-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 626480 [Title] => Former Piltel suffers huge income drop in 9 months [Summary] =>

PLDT Communications and Energy Ventures Inc. (PCEV), formerly Pilipino Telephone Corp., suffered a huge drop in its net income to P1.4 billion in the first three quarters of 2010, from P17.8 billion during the same period last year.

[DatePublished] => 2010-11-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 598770 [Title] => Piltel suffers huge drop in first half net income [Summary] =>

PLDT Communications and Energy Ventures Inc. (PCEV), formerly Pilipino Telephone Corp. (Piltel), suffered a huge drop in its net income from P7 billion during the first six months of 2009 to only P872 million in the same period this year.

[DatePublished] => 2010-08-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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