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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 310850 [Title] => Manila Water to borrow $40M in new loans for 2007 capex [Summary] => Ayala-controlled utility firm Manila Water Co. plans to tap as much as $40 million in new loans next year to fund its capital spending for 2007.
In a disclosure to the Philippine Stock Exchange, Manila Water said negotiations for the loan will start next year. It has held initial discussions with the lenders are merely in the exploratory stage.
The utility firm has earmarked P4 billion this year and another P4 billion in 2006 for its capital expenditures.
[DatePublished] => 2005-12-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 293619 [Title] => Manila Water to form new unit for overseas projects [Summary] => Ayala-controlled utility firm Manila Water Co. will form a separate company that will invest in overseas and domestic water supply and sewerage projects that are outside its current business focus.
In a disclosure to the Philippine Stock Exchange, Manila Water said the new corporate vehicle will focus on such projects as water supply and sewerage service projects in key cities in the Philippines, as well as management contracts in India and other Asian countries.
[DatePublished] => 2005-08-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | December 6, 2005 - 12:00am
By Zinnia B. Dela Peña | August 27, 2005 - 12:00am
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