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                    [ArticleID] => 428983
                    [Title] => Metro Pacific to issue 791-M new shares in favor of Lyonnaise
                    [Summary] => 
The board of Metro Pacific Investment Corp. (MPIC) has approved the sale of 791 million new common shares of French water operator Lyonnaise Asia Water Ltd. Pte (LAWL) for P2.57 per share to raise additional financing for MPIC’s acquisition of additional interests in Maynilad Water Co.
                    [DatePublished] => 2009-01-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 425859
                    [Title] => Suez unit eyes 7.7% stake in Metro Pacific
                    [Summary] => 
Lyonnaise Asia Water Ltd. (LAWL), a unit of French utility giant Suez, plans to acquire a 7.7-percent stake in Metro Pacific Investments Corp. (MPIC) through a private placement valued at P2.03 billion.
                    [DatePublished] => 2008-12-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 279163
                    [Title] => DMCI entices partners to boost bid for Maynilad
                    [Summary] => Construction giant DMCI Holdings Inc. remains interested in Maynilad Water Services Inc. as it eyes majority ownership in a consortium to bid for the Lopez-owned water utility firm.


At the sidelines of the company’s stockholders meeting yesterday, DMCI president Isidro Consunji said that while the company has yet to conduct due diligence on Maynilad, management has started negotiating with prospective partners, both local and foreign, to provide the needed financial muscle to outbid its rival suitor, the Ayala Group.


                    [DatePublished] => 2005-05-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [3] => Array
                (
                    [ArticleID] => 239691
                    [Title] => Ex-DPWH head named Maynilad prexy
                    [Summary] => Former Public Works and Highways Secretary Fiorello Estuar has been named as the new president of the Lopez-controlled Maynilad Water Services Inc., the company said yesterday.


Estuar replaces Rafael Alunan III, a former Secretary of Interior and Local Government, who will be retained as a consultant to the Lopez Group.


Alunan also retains the presidency of First Philippine Infrastructure Development Corp. and directorships in infrastructure-related businesses.


                    [DatePublished] => 2004-02-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 228450
                    [Title] => Maynilad gets debt reprieve
                    [Summary] => Maynilad Water Services Inc. has secured a court reprieve yesterday on the payment of its P17.59-billion debt to creditors, giving the company enough time to map out a viable rehabilitation plan.
                    [DatePublished] => 2003-11-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 227961
                    [Title] => Maynilad files for corporate rehab due to debt payment problems
                    [Summary] => Hobbled by its inability to service debt obligations on time, Maynilad Water Services Inc. was forced to file a petition for corporate rehabilitation before the Quezon City Regional Trial Court last Thursday.


This was disclosed by Maynilad majority shareholder Benpres Holdings Corp. to the Philippine Stock Exchange.


                    [DatePublished] => 2003-11-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 182954
                    [Title] => Maynilad nags MWSS to meet contract terms
                    [Summary] => The Benpres-controlled Maynilad Water Services Inc. (MWSI) has served notice to the Metropolitan Waterworks and Sewerage System (MWSS) requesting the state-owned water utilities regulator to fulfill certain terms of their concession agreement in order to ensure the continued viability of MWSI.


                    [DatePublished] => 2002-11-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
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                    [SectionUrl] => business
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)

LYONNAISE ASIA WATER LTD

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                    [ArticleID] => 428983
                    [Title] => Metro Pacific to issue 791-M new shares in favor of Lyonnaise
                    [Summary] => 
The board of Metro Pacific Investment Corp. (MPIC) has approved the sale of 791 million new common shares of French water operator Lyonnaise Asia Water Ltd. Pte (LAWL) for P2.57 per share to raise additional financing for MPIC’s acquisition of additional interests in Maynilad Water Co.
                    [DatePublished] => 2009-01-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 425859
                    [Title] => Suez unit eyes 7.7% stake in Metro Pacific
                    [Summary] => 
Lyonnaise Asia Water Ltd. (LAWL), a unit of French utility giant Suez, plans to acquire a 7.7-percent stake in Metro Pacific Investments Corp. (MPIC) through a private placement valued at P2.03 billion.
                    [DatePublished] => 2008-12-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 279163
                    [Title] => DMCI entices partners to boost bid for Maynilad
                    [Summary] => Construction giant DMCI Holdings Inc. remains interested in Maynilad Water Services Inc. as it eyes majority ownership in a consortium to bid for the Lopez-owned water utility firm.


At the sidelines of the company’s stockholders meeting yesterday, DMCI president Isidro Consunji said that while the company has yet to conduct due diligence on Maynilad, management has started negotiating with prospective partners, both local and foreign, to provide the needed financial muscle to outbid its rival suitor, the Ayala Group.


                    [DatePublished] => 2005-05-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 239691
                    [Title] => Ex-DPWH head named Maynilad prexy
                    [Summary] => Former Public Works and Highways Secretary Fiorello Estuar has been named as the new president of the Lopez-controlled Maynilad Water Services Inc., the company said yesterday.


Estuar replaces Rafael Alunan III, a former Secretary of Interior and Local Government, who will be retained as a consultant to the Lopez Group.


Alunan also retains the presidency of First Philippine Infrastructure Development Corp. and directorships in infrastructure-related businesses.


                    [DatePublished] => 2004-02-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 228450
                    [Title] => Maynilad gets debt reprieve
                    [Summary] => Maynilad Water Services Inc. has secured a court reprieve yesterday on the payment of its P17.59-billion debt to creditors, giving the company enough time to map out a viable rehabilitation plan.
                    [DatePublished] => 2003-11-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 227961
                    [Title] => Maynilad files for corporate rehab due to debt payment problems
                    [Summary] => Hobbled by its inability to service debt obligations on time, Maynilad Water Services Inc. was forced to file a petition for corporate rehabilitation before the Quezon City Regional Trial Court last Thursday.


This was disclosed by Maynilad majority shareholder Benpres Holdings Corp. to the Philippine Stock Exchange.


                    [DatePublished] => 2003-11-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
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                    [ArticleID] => 182954
                    [Title] => Maynilad nags MWSS to meet contract terms
                    [Summary] => The Benpres-controlled Maynilad Water Services Inc. (MWSI) has served notice to the Metropolitan Waterworks and Sewerage System (MWSS) requesting the state-owned water utilities regulator to fulfill certain terms of their concession agreement in order to ensure the continued viability of MWSI.


                    [DatePublished] => 2002-11-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest