^
+ Follow ISLAND MINING Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 444027
                    [Title] => Island Information to raise P122 million via stock rights offer
                    [Summary] => 

MANILA, Philippines - The Securities and Exchange Commission has approved the planned P122.14 million stock rights offering of Island Information & Technology Inc. (formerly Island Mining & Industrial Corp.)

[DatePublished] => 2009-03-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 26327 [Title] => Island Information eyes P122M from rights offer [Summary] => [DatePublished] => 2007-11-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 324410 [Title] => Listed IT firm to shift business focus this year [Summary] => Publicly-listed Island Information and Technology will shift its focus towards cargo container management and integrated logistics services starting this year, laying out a plan to build an anchor container yard depot to be funded from an internal capital-raising scheme, a top company official said.

In his report to stockholders, company president Andres Lao Sr. said once the project starts operations, "we expect that this will give our corporation a big financial boost that it has been aiming for in a very long time."
[DatePublished] => 2006-03-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 211351 [Title] => ICT firm goes into computer trading [Summary] => With its main business venture still in the drawing board, the publicly-listed Island Information & Technology Inc. (IIT) has decided to engage in the trading of computer hardware, computer software and other related services to further augment its income.

IIT corporate secretary Serafin Linda said in a disclosure to the Philippine Stock Exchange that preparations for this new venture had already been initiated, including office renovation and identification of principal persons who will be involved in the operations.
[DatePublished] => 2003-06-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 154423 [Title] => IT firm branches out into call center ops [Summary] => Publicly-listed Island Information & Technology Inc. (IITI) has branched out into contact center operations after forging an alliance with a US-based technology company to set up a P120-million joint venture in the Philippines.

IITI president Andres Lao Sr. told the Philippine Stock Exchange that the company has signed a partnership with US Asia Solutions Inc. to put up an outbound call center with IITI controlling 80 percent of the equity structure and US Asia managing the operations.
[DatePublished] => 2002-03-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 98961 [Title] => Shares plunge another 33 pts on lack of positive news [Summary] =>

Local stocks tumbled anew as investors' sentiment remained captive to the raging battle between government forces and Muslim extremists in Mindanao.

Moreover, the increasing number of companies being dragged in the debt problems of Urban Bank, Wincorp and ASB Realty has contributed to the market tension, triggering a sell-off even in solid index issues like San Miguel, Petron Corp. and Metrobank.

Analysts said the weaker corporate earnings and flat growth prospects for the year, along with the planned interest rate hike in the US that could induce the same reaction from loca [DatePublished] => 2000-05-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 98953 [Title] => Market seen to decline further this week [Summary] =>

With no significant improvement in the peace and order situation in Mindanao, the market's downside momentum appears out of control, with as most analysts predicting that the composite index will move closer to the precarious 1400 support level this week.

"The stock market is now more a reflection of the country's political situation," Wellex Global Equities research head James Lago said, referring to the armed conflict in Mindanao that has attracted international attention and further undermined investor confidence in the Philippines.

The Southern turmoil pushed the Philipp [DatePublished] => 2000-05-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98929 [Title] => Shares continue to retreat, hit new low of 1,551.90 pts [Summary] =>

The stock market shrugged off the favorable inflation figure with the composite index falling for the third straight day to end the week at 1551.90, a new low since the index closed at 1.523.98 on Oct. [DatePublished] => 2000-05-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

ISLAND MINING
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 444027
                    [Title] => Island Information to raise P122 million via stock rights offer
                    [Summary] => 

MANILA, Philippines - The Securities and Exchange Commission has approved the planned P122.14 million stock rights offering of Island Information & Technology Inc. (formerly Island Mining & Industrial Corp.)

[DatePublished] => 2009-03-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 26327 [Title] => Island Information eyes P122M from rights offer [Summary] => [DatePublished] => 2007-11-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 324410 [Title] => Listed IT firm to shift business focus this year [Summary] => Publicly-listed Island Information and Technology will shift its focus towards cargo container management and integrated logistics services starting this year, laying out a plan to build an anchor container yard depot to be funded from an internal capital-raising scheme, a top company official said.

In his report to stockholders, company president Andres Lao Sr. said once the project starts operations, "we expect that this will give our corporation a big financial boost that it has been aiming for in a very long time."
[DatePublished] => 2006-03-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 211351 [Title] => ICT firm goes into computer trading [Summary] => With its main business venture still in the drawing board, the publicly-listed Island Information & Technology Inc. (IIT) has decided to engage in the trading of computer hardware, computer software and other related services to further augment its income.

IIT corporate secretary Serafin Linda said in a disclosure to the Philippine Stock Exchange that preparations for this new venture had already been initiated, including office renovation and identification of principal persons who will be involved in the operations.
[DatePublished] => 2003-06-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 154423 [Title] => IT firm branches out into call center ops [Summary] => Publicly-listed Island Information & Technology Inc. (IITI) has branched out into contact center operations after forging an alliance with a US-based technology company to set up a P120-million joint venture in the Philippines.

IITI president Andres Lao Sr. told the Philippine Stock Exchange that the company has signed a partnership with US Asia Solutions Inc. to put up an outbound call center with IITI controlling 80 percent of the equity structure and US Asia managing the operations.
[DatePublished] => 2002-03-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 98961 [Title] => Shares plunge another 33 pts on lack of positive news [Summary] =>

Local stocks tumbled anew as investors' sentiment remained captive to the raging battle between government forces and Muslim extremists in Mindanao.

Moreover, the increasing number of companies being dragged in the debt problems of Urban Bank, Wincorp and ASB Realty has contributed to the market tension, triggering a sell-off even in solid index issues like San Miguel, Petron Corp. and Metrobank.

Analysts said the weaker corporate earnings and flat growth prospects for the year, along with the planned interest rate hike in the US that could induce the same reaction from loca [DatePublished] => 2000-05-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 98953 [Title] => Market seen to decline further this week [Summary] =>

With no significant improvement in the peace and order situation in Mindanao, the market's downside momentum appears out of control, with as most analysts predicting that the composite index will move closer to the precarious 1400 support level this week.

"The stock market is now more a reflection of the country's political situation," Wellex Global Equities research head James Lago said, referring to the armed conflict in Mindanao that has attracted international attention and further undermined investor confidence in the Philippines.

The Southern turmoil pushed the Philipp [DatePublished] => 2000-05-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98929 [Title] => Shares continue to retreat, hit new low of 1,551.90 pts [Summary] =>

The stock market shrugged off the favorable inflation figure with the composite index falling for the third straight day to end the week at 1551.90, a new low since the index closed at 1.523.98 on Oct. [DatePublished] => 2000-05-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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