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                    [Title] => Aboitiz group to branch out into wind power
                    [Summary] => Aboitiz Power Corp.(APC), the flagship unit of the publicly-listed holding firm Aboitiz Equity Ventures, will branch out into the development of wind-propelled power as it explores the possibility of further harnessing an ongoing government project in Northern Luzon. 


AEV corporate secretary Eugeniano Perez III said APC signed last Thursday a memorandum of understanding with the state-owned PNOC Energy Development Corp. (PNOC-EDC) for the conduct of a feasibility study on the second phase of the latter’s Northern Luzon Wind Power Project. 


                    [DatePublished] => 2003-03-22 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1237712
                    [AuthorName] => Conrado Diaz Jr.
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                    [Title] => AEV net income up 40% to P2.2 billion
                    [Summary] => Visayas-based conglomerate Aboitiz Equity Ventures Inc. (AEV) posted a banner year in 2002 with a 40-percent hike in net income to P2.2 billion, a company official informed the Philippine Stock Exchange.


AEV corporate secretary Eugeniano Perez III said the higher income was  mainly driven by the strong contribution of the flagship power units, led by Aboitiz Power Corp. (APC) which turned in P1.7 billion in profit last year.


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                    [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.


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                    [Title] => Aboitiz buys out American partners in Fil-Am Foods
                    [Summary] => After buying out its partners in shipping line WG&A, holding firm Aboitiz Equity Ventures Inc. has done the same thing to its American partners in feed milling and swine production firm Fil-Am Foods Inc.


In a disclosure to the Philippine Stock Exchange, AEV corporate secretary Eugeniano Perez said the company’s 100 percent subsidiary Pilmico Food Inc. entered into a non-binding letter of intent (LOI) last Aug. 7 to acquire an additional 50-percent ownership in Fil-Am Foods.


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EUGENIANO PEREZ

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                    [ArticleID] => 199848
                    [Title] => Aboitiz group to branch out into wind power
                    [Summary] => Aboitiz Power Corp.(APC), the flagship unit of the publicly-listed holding firm Aboitiz Equity Ventures, will branch out into the development of wind-propelled power as it explores the possibility of further harnessing an ongoing government project in Northern Luzon. 


AEV corporate secretary Eugeniano Perez III said APC signed last Thursday a memorandum of understanding with the state-owned PNOC Energy Development Corp. (PNOC-EDC) for the conduct of a feasibility study on the second phase of the latter’s Northern Luzon Wind Power Project. 


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                    [AuthorName] => Conrado Diaz Jr.
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                    [Title] => AEV net income up 40% to P2.2 billion
                    [Summary] => Visayas-based conglomerate Aboitiz Equity Ventures Inc. (AEV) posted a banner year in 2002 with a 40-percent hike in net income to P2.2 billion, a company official informed the Philippine Stock Exchange.


AEV corporate secretary Eugeniano Perez III said the higher income was  mainly driven by the strong contribution of the flagship power units, led by Aboitiz Power Corp. (APC) which turned in P1.7 billion in profit last year.


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                    [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.


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                    [Title] => Aboitiz buys out American partners in Fil-Am Foods
                    [Summary] => After buying out its partners in shipping line WG&A, holding firm Aboitiz Equity Ventures Inc. has done the same thing to its American partners in feed milling and swine production firm Fil-Am Foods Inc.


In a disclosure to the Philippine Stock Exchange, AEV corporate secretary Eugeniano Perez said the company’s 100 percent subsidiary Pilmico Food Inc. entered into a non-binding letter of intent (LOI) last Aug. 7 to acquire an additional 50-percent ownership in Fil-Am Foods.


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abtest

Aboitiz group to branch out into wind power

By Conrado Diaz Jr. | March 22, 2003 - 12:00am

Aboitiz Power Corp.(APC), the flagship unit of the publicly-listed holding firm Aboitiz Equity Ventures, will branch out into the development of wind-propelled power as it explores the possibility of further harnessing...

Business

AEV net income up 40% to P2.2 billion

February 12, 2003 - 12:00am

Visayas-based conglomerate Aboitiz Equity Ventures Inc. (AEV) posted a banner year in 2002 with a 40-percent hike in net income to P2.2 billion, a company official informed the Philippine Stock Exchange. AEV corporate...

Business

Aboitiz set to complete buyout of WG&A

September 24, 2002 - 12:00am

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...

Business

Aboitiz buys out American partners in Fil-Am Foods

August 10, 2002 - 12:00am

After buying out its partners in shipping line WG&A, holding firm Aboitiz Equity Ventures Inc. has done the same thing to its American partners in feed milling and swine production firm Fil-Am Foods Inc. In...

Business