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+ Follow GLOBAL BUSINESS HOLDINGS INC Tag
GLOBAL BUSINESS HOLDINGS INC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 902536
                    [Title] => Meralco, Global Business Power tie up for 4 coal power plants
                    [Summary] => 

Meralco PowerGen Corp., the power generation subsidiary of Manila Electric Co. (Meralco), will team up with Global Business Power Corp. (GBPC) of the Metrobank Group for four coal-fired power plants mainly in Mindanao.

[DatePublished] => 2013-01-30 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 900709 [Title] => GT Capital IPO proceeds almost fully disbursed [Summary] =>

GT Capital Holdings Inc., the investment holding firm of banking tycoon George S.K. Ty, has spent nearly all of the roughly P14 billion in net proceeds from its initial public offering (IPO) last year.

[DatePublished] => 2013-01-25 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1539221 [AuthorName] => Neil Jerome Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 846119 [Title] => GT Capital eyes PPP projs [Summary] =>

GT Capital Holdings Inc., the investment arm of the Metrobank Group, is looking to participate in the Public-Private Partnership (PPP) projects of the national government, a company official said.

[DatePublished] => 2012-09-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 822709 [Title] => FMIC to issue up to P7-B 5-yr bonds [Summary] =>

 First Metro Investment Corp. (FMIC) plans to issue up to P7 billion worth of fixed-rate corporate bond “to improve part of its liabilities for longer tenure,” a top company official said.

[DatePublished] => 2012-06-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 328327 [Title] => Mirant seeks $1.2-B refinancing for RP generating assets [Summary] => US-based Mirant Corp. is looking at the possibility of tapping new investors for a $1.2 billion refinancing program for its generating assets in the Philippines, a ranking energy official said.

The official, who requested anonymity, said some Mirant officials recently informed the Department of Energy (DOE) of such a plan.

"They indicated to us that the plan is to pursue refinancing, among all other sale options being explored," the official said.
[DatePublished] => 2006-03-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 318189 [Title] => Metrobank may join bidding for Napocor’s generating assets [Summary] => The Metrobank Group of taipan George Ty is looking at the possibility of joining the bidding for some generating assets of the state-owned National Power Corp. (Napocor).

In an interview, Ty said "we have been always looking for great opportunities in the power sector."

Ty said they may probably look at the assets based in the Visayas where one of its major investments in the power sector is located.

Ty said they may also consider to expand their investment in the province because of the looming power shortage in the area.
[DatePublished] => 2006-01-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 292572 [Title] => Cebuanos told to oppose power plant in Toledo [Summary] => An economist is asking Cebuanos to oppose Mirant Global Corporation's proposal to build another power plant in Toledo City.

Maite Diokno has claimed that states such as California have already deserted Mirant because of its alleged bad track record.

She cited the recent study by Greenpeace, an environmental group that showed that emissions from Mirant's plant in Toledo are even more deadly than that of Salcon in Naga.
[DatePublished] => 2005-08-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [7] => Array ( [ArticleID] => 291886 [Title] => Group to oppose power firm expansion in Toledo [Summary] => After massive protest actions against the expansion of Salcon Power Corporation's coal plant in Naga, Cebu Alliance for Renewable Energy will also block the proposed expansion of Mirant Global Corporation, the biggest independent power producer in the country, in Toledo City.

The group said that like Salcon, Mirant has bad track records for emitting poisonous elements that are detrimental to health and the environment.

Vince Cinches, CARE-Toledo coordinator, said that Mirant is emitting chemicals that are even more toxic than Salcon in Naga.
[DatePublished] => 2005-08-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1789631 [AuthorName] => Wenna Berondo [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [8] => Array ( [ArticleID] => 217249 [Title] => GMA presses Transco privatization [Summary] => ILOILO CITY – President Arroyo, who led the groundbreaking ceremony for the new Mirant Philippines/Global Business Holdings Inc. of the Metrobank group, reiterated her call for the privatization of the National Transmission Corp. (Transco).

"There is a need to upgrade the transmission system of Transco and make these interconnection projects. These efforts are geared toward making medium and long-term solutions to the looming power shortage starting from Visayas. But we need to start planning now," the Chief Executive said.
[DatePublished] => 2003-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 212206 [Title] => First Holdings, Filinvest Land retain credit rating [Summary] => The country’s leading credit rating agency Philippine Rating Services Corp. has maintained its PRS Baa rating for First Philippine Holdings Corp.’s (FPHC) P800- million long-term commercial papers maturing between November this year and January 2004.

PRS Baa refers to "Neither highly protected nor poorly secured" while interest payments and principal security appear adequate at present, certain elements may be lacking or characteristically unreliable over any great length of time.
[DatePublished] => 2003-07-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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