^
+ Follow EGIS PROJECTS Tag
EGIS PROJECTS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1297523
                    [Title] => MPIC unit to hike NLEX stake
                    [Summary] => 

The flagship tollroad arm of infrastructure giant Metro Pacific Investments Corp. (MPIC) is looking at further increasing its stake in the operator of the 85-kilometer North Luzon expressway by buying additional shares from its French partner.

[DatePublished] => 2014-03-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1278480 [Title] => MPIC hikes MNTC stake [Summary] =>

Infrastructure giant Metro Pacific Investments Corp. (MPIC) through its flagship toll road arm is spending P1.42 billion to buy a portion of the stake of its French partner in Manila North Luzon Tollways Corp. (MNTC).

[DatePublished] => 2014-01-14 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1253740 [Title] => MNTC, PNCC set talks to finalize joint venture [Summary] =>

Manila North Tollways Corp. (MNTC), a unit of infrastructure conglomerate Metro Pacific Investments Corp. (MPIC)...

[DatePublished] => 2013-11-07 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 444366 [Title] => Macro Group acquires 15% of NLEE project proponent [Summary] =>

MANILA, Philippines - Ausphil Tollways Corp., private proponent of the North Luzon East Expressway (NLEE) project, announced recently the purchase by the Macro Group of the remaining 15 million stapled shares of the corporation.

[DatePublished] => 2009-03-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 274833 [Title] => First Holdings inks $25-M loan pact with Std Bank Asia [Summary] => FPH Fund Corp., a subsidiary of the Lopez-owned First Philippine Holdings Corp. (FPHC), has forged a $25-million credit agreement with Standard Bank Asia Ltd., payable over five years starting April 2007.

In a disclosure to the Philippine Stock Exchange, FPHC said the loan will be used to refinance a portion of maturing debts and fund corporate requirements.

The credit agreement is to be guaranteed by FPHC under a parent support agreement.
[DatePublished] => 2005-04-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 181379 [Title] => Benpres subsidiary hikes capital [Summary] => The Securities and Exchange Commission has approved the increase in authorized capital stock of First Philippine Infrastructure Development Corp., from P1 billion to P2.5 billion. First Phil. Infrastructure is a 30-percent-subsidiary of Benpres Holdings Corp.

Documents filed with the SEC showed the capital hike was intended to finance additional working capital requirements.

Organized in 1994, FPIDC operates an eight-kilometer tollroad that is envisioned to connect the Subic Bay freeport area to the North Luzon Expressway.
[DatePublished] => 2002-10-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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