+ Follow MACONDRAY PLASTICS INC Tag
MACONDRAY PLASTICS INC
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[ArticleID] => 531265
[Title] => Ongpin group raising P500 million to fund Atok capital increase
[Summary] => The group of former Trade Minister Roberto V. Ongpin is raising P500 million through a private placement of shares to fund an increase in the authorized capital stock of Atok-Big Wedge Co.Inc. to P10 billion from a meager P60 million.
[DatePublished] => 2009-12-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[1] => Array
(
[ArticleID] => 516219
[Title] => Ongpin-Ashmore seals deal for Atok-Big Wedge
[Summary] => The group of businessman Roberto V. Ongpin and UK-based investment firm Ashmore Management has sealed a deal to acquire 58 percent of previously inactive mining firm Atok-Big Wedge Co. Inc.
[DatePublished] => 2009-10-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[2] => Array
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[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] =>
)
[3] => Array
(
[ArticleID] => 351866
[Title] => Macondray Plastics logs 22.4% income growth
[Summary] =>
Macondray Plastics Inc. (MPI) reported a 22.4-percent growth in its net income in the first half this year to P10.6 million from P8.66 million the previous year, largely due to higher revenues.
Based on its financial report filed with the Securities and Exchange Commission, sales revenues of MPI grew 26 percent to P199.8 million from P158.6 million
About 39.1 percent of MPI’s revenues were generated from the sale of export packaging products which marked a 65-percent increase from the year-ago level of P78.2 million
[DatePublished] => 2006-08-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[4] => Array
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[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] =>
)
[5] => Array
(
[ArticleID] => 96405
[Title] => PSE to tighten rules on listing
[Summary] => The Philippine Stock Exchange plans to implement stricter requirements to make sure that only the cream of the crop among local businesses will be listed on its top board.
PSE governor and listing committee chairman Robert Coyiuto Jr. said they are looking at stretching the rule on corporate existence to between 10 and 20 years, inclusive of the three-year profit track record now in place.
[DatePublished] => 2001-03-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 97036
[Title] => MacPlas raises capital to P400 M
[Summary] => The Lorenzo-owned Macondray Plastics Inc. will be boosting its capital stock three times to P400 million to cover the grant of a planned 155 percent stock dividend to its stockholders, the company said in a letter to the Philippine Stock Exchange.
[DatePublished] => 2001-02-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
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[7] => Array
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[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] => 98024
[Title] => Index tumbles 9 pts despite GFIs’ buying spree
[Summary] => Stocks drifted in the red the entire session even as another late buying spree presumably by government financial institutions (GFIs) helped sway the main index sideways.
[DatePublished] => 2000-11-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 97958
[Title] => Pancake House starts roadshow for initial offering
[Summary] => Pancake House, the chain of casual dining restaurants owned primarily by the Lorenzo family, kicks off today the roadshow for its initial public offering (IPO) set on Dec. 1.
Already considered as a local institution in the table-service, casual dining format, Pancake House plans to raise as much as P137.9 million in the public float that will make available to the public 34 percent of the company’s total shares.
[DatePublished] => 2000-11-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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abtest
August 10, 2006 - 12:00am
February 14, 2001 - 12:00am
November 17, 2000 - 12:00am
