^
+ Follow MACONDRAY PLASTICS Tag
MACONDRAY PLASTICS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 526553
                    [Title] => RP stocks close flat on Wednesday
                    [Summary] => 

MANILA, Philippines (Xinhua) - Lack of strong leads sent the Philippine market closing flat again on Wednesday.

[DatePublished] => 2009-11-25 23:00:26 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [1] => Array ( [ArticleID] => 525182 [Title] => Ongpin-led Alphaland seeks backdoor listing [Summary] =>

Alphaland Development Inc., a real estate firm owned by the the group of former Trade Minister Roberto V. Ongpin and British investment fund Ashmore Group, is seeking a backdoor listing on the Philippine Stock Exchange through Macondray Plastics Inc.

[DatePublished] => 2009-11-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 517460 [Title] => RP stocks close marginally higher on subdued trade [Summary] =>

MANILA, Philippines (Xinhua) - Trading at the Philippine Stock Exchange continues to be subdued Monday as most investors focus on rumors surrounding non-index issues.

[DatePublished] => 2009-10-26 20:01:38 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [3] => Array ( [ArticleID] => 510842 [Title] => Macondray eyes power, emerging growth areas [Summary] =>

Macondray & Co. Inc., an investment holding company of the Lorenzo family, is eyeing emerging growth areas such as power to add to its current portfolio that includes food, trading and services.

[DatePublished] => 2009-10-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 510288 [Title] => Ongpin group acquires Lorenzo firm [Summary] =>

The group of former Trade and Industry Minister Roberto V. Ongpin and UK-based investment fund Ashmore Group is acquiring from the Lorenzo family a 66- percent stake in listed firm Macondray Plastics Inc. for P218.78 million.

[DatePublished] => 2009-10-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 506727 [Title] => Lorenzo group spins off plastic manufacturing unit [Summary] =>

The Lorenzo-led Macondray Plastics Inc. is spinning off its plastics manufacturing operations into a new wholly owned unit as it seeks other investment opportunities.

[DatePublished] => 2009-09-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 308064 [Title] => Macondray to build P350-M plastics plant [Summary] => Macondray Plastics Inc. (MPI) has earmarked P350 million for the construction of a new plastics plant in Davao.

MPI chairman Martin Lorenzo said the plant, which will be the company’s third, will be operational in February 2006.

The company’s main facility is located in Panacan, Davao while the second facility is located in Panabo, Davao Del Norte.

Lorenzo said the new plant will boost production capacity by 60 to 70 percent of the existing capacity.
[DatePublished] => 2005-11-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98017 [Title] => Macondray Plastics’ IPO gets warm reception at bourse [Summary] => Macondray Plastics Inc. marked its debut yesterday at the Philippine Stock Exchange on a high note as it shrugged off the overall weakness in the market with a modest gain in its share price.

Stocks of the Davao-based, Lorenzo-controlled manufacturing firm were actively traded, ranging from its IPO price of P5.40 to as high as P5.70 It ended 20 centavos or almost four percent higher to P5.60 at the close of trading.

Macondray offered 16.74 million common shares equivalent to a 34-percent stake in the company for a total consideration of P90.4 million.
[DatePublished] => 2000-11-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 98663 [Title] => Pancake House seeks SEC okay for IPO [Summary] => Pancake House, Inc. (PHI) has applied with the Securities and Exchange Commission (SEC) for authority to undertake an initial public offering (IPO) to spur the expansion of its chain of restaurants.

The company which owns "Pancake House" intends to list in the Philippine Stock Exchange (PSE) 64.14 million shares equivalent to 34 percent of its equity. The shares have a par value of P1 and will be priced at P1.46 to P2.15 each.

PHI has earmarked the proceeds, seen to amount at least to P83.50 million, for its expansion programs for the next two years.
[DatePublished] => 2000-10-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1203478 [AuthorName] => by Rommel Ynion [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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