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                    [ArticleID] => 319466
                    [Title] => First Gen hopes to raise $180M via IPO
                    [Summary] => First Generation Holdings Corp., the investment arm of the Lopez family for its power generation and energy-related interests, expects to raise as much as $180 million (P9.4 billion) from the maiden offering of its shares to the public if the greenshoe option is exercised.


The greenshoe option allows an underwriter of a new issue to sell additional shares to the public if the demand is high.


                    [DatePublished] => 2006-02-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 96277
                    [Title] => NEDA seen to back plea for increase in water rates
                    [Summary] => The National Economic and Development Authority (NEDA) is likely to support the proposed increase in water rates in certain parts of Metro Manila and Cavite, saying that user charges should reflect the cost of investments in utilities.


A top NEDA official said that while it is always "politically unpleasant" to increase utilities rates, these adjustments are a necessary consequence of privatizing private utilities since it is only natural for private corporations to want to recover their costs.


                    [DatePublished] => 2001-03-06 00:00:00
                    [ColumnID] => 133272
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GILES B

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                    [ArticleID] => 319466
                    [Title] => First Gen hopes to raise $180M via IPO
                    [Summary] => First Generation Holdings Corp., the investment arm of the Lopez family for its power generation and energy-related interests, expects to raise as much as $180 million (P9.4 billion) from the maiden offering of its shares to the public if the greenshoe option is exercised.


The greenshoe option allows an underwriter of a new issue to sell additional shares to the public if the demand is high.


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                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 96277
                    [Title] => NEDA seen to back plea for increase in water rates
                    [Summary] => The National Economic and Development Authority (NEDA) is likely to support the proposed increase in water rates in certain parts of Metro Manila and Cavite, saying that user charges should reflect the cost of investments in utilities.


A top NEDA official said that while it is always "politically unpleasant" to increase utilities rates, these adjustments are a necessary consequence of privatizing private utilities since it is only natural for private corporations to want to recover their costs.


                    [DatePublished] => 2001-03-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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First Gen hopes to raise $180M via IPO

By Zinnia B. Dela Peña | February 1, 2006 - 12:00am

First Generation Holdings Corp., the investment arm of the Lopez family for its power generation and energy-related interests, expects to raise as much as $180 million (P9.4 billion) from the maiden offering of its...

Business

NEDA seen to back plea for increase in water rates

March 6, 2001 - 12:00am

The National Economic and Development Authority (NEDA) is likely to support the proposed increase in water rates in certain parts of Metro Manila and Cavite, saying that user charges should reflect the cost of investments...

Business