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                    [ArticleID] => 197233
                    [Title] => WG&A gets tax perks for new vessels
                    [Summary] => Domestic shipping firm WG&A Inc. has availed itself of tax perks from the government following the acquisition of four new vessels for its passenger and cargo operations, the company informed the Philippine Stock Exchange.


WG&A officer-in-charge Ismael Cabonse said the Board of Investments (BOI) has approved the company’s registration as a new operator of inter-island shipping on a pioneer status under the Omnibus Investments Code of 1987.


                    [DatePublished] => 2003-03-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 190982
                    [Title] => WG&A sets buyback of P2.5-B preferred shares
                    [Summary] => The country’s largest shipping firm, WG&A, is setting aside at least P250 million annually to buy back within the next six years some P2.5 billion worth of redeemable preferred shares (RPS) it issued late last year.


WGA corporate information officer Susan Valdez told the Philippine Stock Exchange that the company’s board of directors has approved the redemption program, to be coursed through the trading floor of the PSE, at a price of P6.67 per RPS.


                    [DatePublished] => 2003-01-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 186388
                    [Title] => Aboitiz completes acquisition of WG&A
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV) has taken over 91 percent of the listed shipping line WG&A after the recent completion of the mandatory tender offer to the minority shareholders worth P1.862 billion.


In a disclosure to the Philippine Stock Exchange, AEV assistant corporate secretary Elsa Divinagracia said the company has concluded the buy-out of WG&A, which it will soon rename to Aboitiz Transport Group Inc., with the additional purchase of some 467.7 million shares at P3.98 each.


                    [DatePublished] => 2002-12-03 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [3] => Array
                (
                    [ArticleID] => 185085
                    [Title] => WG&A to acquire 2 vessels for $16M
                    [Summary] => Fresh from a change in ownership control, domestic shipping line William, Gothong and Aboitiz Inc. (WG&A) will acquire two more vessels worth $16 million to augment its present fleet and expand its services for both passenger and cargo handling.


Ismael Cabonse, WG&A’s acting corporate information officer, said the company’s board approved the direct purchase of the vessels from Japan’s Meimon Taiyo Ferry Co. Ltd., an affiliate of the global shipping giant Mitsui O.S.K. Lines Ltd.


                    [DatePublished] => 2002-11-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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MEIMON TAIYO FERRY CO

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                    [ArticleID] => 197233
                    [Title] => WG&A gets tax perks for new vessels
                    [Summary] => Domestic shipping firm WG&A Inc. has availed itself of tax perks from the government following the acquisition of four new vessels for its passenger and cargo operations, the company informed the Philippine Stock Exchange.


WG&A officer-in-charge Ismael Cabonse said the Board of Investments (BOI) has approved the company’s registration as a new operator of inter-island shipping on a pioneer status under the Omnibus Investments Code of 1987.


                    [DatePublished] => 2003-03-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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                    [SectionUrl] => business
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                    [ArticleID] => 190982
                    [Title] => WG&A sets buyback of P2.5-B preferred shares
                    [Summary] => The country’s largest shipping firm, WG&A, is setting aside at least P250 million annually to buy back within the next six years some P2.5 billion worth of redeemable preferred shares (RPS) it issued late last year.


WGA corporate information officer Susan Valdez told the Philippine Stock Exchange that the company’s board of directors has approved the redemption program, to be coursed through the trading floor of the PSE, at a price of P6.67 per RPS.


                    [DatePublished] => 2003-01-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 186388
                    [Title] => Aboitiz completes acquisition of WG&A
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV) has taken over 91 percent of the listed shipping line WG&A after the recent completion of the mandatory tender offer to the minority shareholders worth P1.862 billion.


In a disclosure to the Philippine Stock Exchange, AEV assistant corporate secretary Elsa Divinagracia said the company has concluded the buy-out of WG&A, which it will soon rename to Aboitiz Transport Group Inc., with the additional purchase of some 467.7 million shares at P3.98 each.


                    [DatePublished] => 2002-12-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 185085
                    [Title] => WG&A to acquire 2 vessels for $16M
                    [Summary] => Fresh from a change in ownership control, domestic shipping line William, Gothong and Aboitiz Inc. (WG&A) will acquire two more vessels worth $16 million to augment its present fleet and expand its services for both passenger and cargo handling.


Ismael Cabonse, WG&A’s acting corporate information officer, said the company’s board approved the direct purchase of the vessels from Japan’s Meimon Taiyo Ferry Co. Ltd., an affiliate of the global shipping giant Mitsui O.S.K. Lines Ltd.


                    [DatePublished] => 2002-11-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

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WG&A gets tax perks for new vessels

By Christina Mendez | March 1, 2003 - 12:00am

Domestic shipping firm WG&A Inc. has availed itself of tax perks from the government following the acquisition of four new vessels for its passenger and cargo operations, the company informed the Philippine Stock...

Business

WG&A sets buyback of P2.5-B preferred shares

By Christina Mendez | January 10, 2003 - 12:00am

The country’s largest shipping firm, WG&A, is setting aside at least P250 million annually to buy back within the next six years some P2.5 billion worth of redeemable preferred shares (RPS) it issued late...

Business

Aboitiz completes acquisition of WG&A

By Christina Mendez | December 3, 2002 - 12:00am

Aboitiz Equity Ventures Inc. (AEV) has taken over 91 percent of the listed shipping line WG&A after the recent completion of the mandatory tender offer to the minority shareholders worth P1.862 billion. In a...

Business

WG&A to acquire 2 vessels for $16M

By Christina Mendez | November 23, 2002 - 12:00am

Fresh from a change in ownership control, domestic shipping line William, Gothong and Aboitiz Inc. (WG&A) will acquire two more vessels worth $16 million to augment its present fleet and expand its services for...

Business