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                    [Title] => Ionics sells 50% stake in unit  to joint venture partner
                    [Summary] => Ionics Inc. has completed the sale of its 50-percent interest in Andes Ionics Inc. (AII) to its joint venture partner Andes Electronic Co. Ltd. of Japan for P69.15 million.


In a disclosure to the Philippine Stock Exchange, Ionics said AII, which is now 100-percent owned by Andes Electronic, will be renamed and continue its operation in its present location.


                    [DatePublished] => 2003-12-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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                    [ArticleID] => 163073
                    [Title] => Ionics shuts down US subsidiary
                    [Summary] => Ionics Inc., one of the leading publicly-listed technology firms at the Philippine Stock Exchange, will close down its US-based subsidiary "due to uncertain economic conditions in the industry and to stop continuing losses."


In a disclosure to the PSE, Ionics corporate secretary Manuel R. Roxas said the company’s board has decided to shut down the operations of Ionics USA Inc. and continue efforts to sell the company and/or its assets.


                    [DatePublished] => 2002-06-02 00:00:00
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IONICS PROPERTIES INC

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                    [ArticleID] => 232766
                    [Title] => Ionics sells 50% stake in unit  to joint venture partner
                    [Summary] => Ionics Inc. has completed the sale of its 50-percent interest in Andes Ionics Inc. (AII) to its joint venture partner Andes Electronic Co. Ltd. of Japan for P69.15 million.


In a disclosure to the Philippine Stock Exchange, Ionics said AII, which is now 100-percent owned by Andes Electronic, will be renamed and continue its operation in its present location.


                    [DatePublished] => 2003-12-24 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                (
                    [ArticleID] => 163073
                    [Title] => Ionics shuts down US subsidiary
                    [Summary] => Ionics Inc., one of the leading publicly-listed technology firms at the Philippine Stock Exchange, will close down its US-based subsidiary "due to uncertain economic conditions in the industry and to stop continuing losses."


In a disclosure to the PSE, Ionics corporate secretary Manuel R. Roxas said the company’s board has decided to shut down the operations of Ionics USA Inc. and continue efforts to sell the company and/or its assets.


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abtest

Ionics sells 50% stake in unit to joint venture partner

By Zinnia B. Dela Peña | December 24, 2003 - 12:00am

Ionics Inc. has completed the sale of its 50-percent interest in Andes Ionics Inc. (AII) to its joint venture partner Andes Electronic Co. Ltd. of Japan for P69.15 million. In a disclosure to the Philippine Stock...

Business

Ionics shuts down US subsidiary

June 2, 2002 - 12:00am

Ionics Inc., one of the leading publicly-listed technology firms at the Philippine Stock Exchange, will close down its US-based subsidiary "due to uncertain economic conditions in the industry and to stop continuing...

Business