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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 310213 [Title] => ATI secures P1-B loan for debt repayment, capex [Summary] => Port operator Asian Terminals Inc. (ATI) secured a P1-billion loan from a group of financial institutions to pay off some maturing debts and fund working capital requirements for next year.
In a disclosure to the Philippine Stock Exchange, ATI said BDO Capital & Investment Corp. and SB Capital Investment Corp. will arrange the loan. The loans will mature in five to seven years.
ATI, which operates the South Harbor in Manila and the Port of Batangas had P3 billion in outstanding debts as of end-September 2005. It has no foreign debt.
[DatePublished] => 2005-12-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 310418 [Title] => ATI secures P1-B loan for debt repayment, capex [Summary] => Port operator Asian Terminals Inc. (ATI) secured a P1-billion loan from a group of financial institutions to pay off some maturing debts and fund working capital requirements for next year.
In a disclosure to the Philippine Stock Exchange, ATI said BDO Capital & Investment Corp. and SB Capital Investment Corp. will arrange the loan. The loans will mature in five to seven years.
ATI, which operates the South Harbor in Manila and the Port of Batangas had P3 billion in outstanding debts as of end-September 2005. It has no foreign debt.
[DatePublished] => 2005-12-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 299770 [Title] => Asian Terminals changes by-laws on capex over P10M [Summary] => Port operator Asian Terminals Inc. (ATI) has revised its by-laws to require a two-thirds vote of the board of directors for expenses over P10 million for budgeted capital expenditures.
In a disclosure to the Philippine Stock Exchange, ATI said a two-thirds vote of the board is also required for expenses over P5 million for unbudgeted capital expenditures and P5 million for development expenditures.
ATI is pursuing the upgrade of its flagship Manila South Harbour terminal, despite setbacks last year in its international container and non-container operations.
[DatePublished] => 2005-10-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 165566 [Title] => P&O Ports raises stake in ATI [Summary] => P&O Ports of Australia has increased its stake in listed port operator Asian Terminals Inc. by buying the 7.69-percent interest held by ATIs other foreign investor, Japans Mitsui and Co. Ltd.
"This acquisition in effect increases P&O commitment to draw from its worldwide experience in port operations and transfer this know-how to ATI," the company said in a statement to the Philippine Stock Exchange.
[DatePublished] => 2002-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 161264 [Title] => ATI starts construction of P100-M shipping terminal [Summary] => The South Harbor-based port operator AsianTerminals Inc. has kicked off the construction of a P100-million passenger shipping terminal that would form part of 10-year modernization program in that portion of the Manila Bay area.
ATI chairman Capt. Roger Davies said the new facility to be put up at Pier 15 of the South Harbor has been designed to service passengers of domestic shipping lines, with amenities comparable with those of modern airports.
[DatePublished] => 2002-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
O PORTS
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 310213 [Title] => ATI secures P1-B loan for debt repayment, capex [Summary] => Port operator Asian Terminals Inc. (ATI) secured a P1-billion loan from a group of financial institutions to pay off some maturing debts and fund working capital requirements for next year.
In a disclosure to the Philippine Stock Exchange, ATI said BDO Capital & Investment Corp. and SB Capital Investment Corp. will arrange the loan. The loans will mature in five to seven years.
ATI, which operates the South Harbor in Manila and the Port of Batangas had P3 billion in outstanding debts as of end-September 2005. It has no foreign debt.
[DatePublished] => 2005-12-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 310418 [Title] => ATI secures P1-B loan for debt repayment, capex [Summary] => Port operator Asian Terminals Inc. (ATI) secured a P1-billion loan from a group of financial institutions to pay off some maturing debts and fund working capital requirements for next year.
In a disclosure to the Philippine Stock Exchange, ATI said BDO Capital & Investment Corp. and SB Capital Investment Corp. will arrange the loan. The loans will mature in five to seven years.
ATI, which operates the South Harbor in Manila and the Port of Batangas had P3 billion in outstanding debts as of end-September 2005. It has no foreign debt.
[DatePublished] => 2005-12-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 299770 [Title] => Asian Terminals changes by-laws on capex over P10M [Summary] => Port operator Asian Terminals Inc. (ATI) has revised its by-laws to require a two-thirds vote of the board of directors for expenses over P10 million for budgeted capital expenditures.
In a disclosure to the Philippine Stock Exchange, ATI said a two-thirds vote of the board is also required for expenses over P5 million for unbudgeted capital expenditures and P5 million for development expenditures.
ATI is pursuing the upgrade of its flagship Manila South Harbour terminal, despite setbacks last year in its international container and non-container operations.
[DatePublished] => 2005-10-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 165566 [Title] => P&O Ports raises stake in ATI [Summary] => P&O Ports of Australia has increased its stake in listed port operator Asian Terminals Inc. by buying the 7.69-percent interest held by ATIs other foreign investor, Japans Mitsui and Co. Ltd.
"This acquisition in effect increases P&O commitment to draw from its worldwide experience in port operations and transfer this know-how to ATI," the company said in a statement to the Philippine Stock Exchange.
[DatePublished] => 2002-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 161264 [Title] => ATI starts construction of P100-M shipping terminal [Summary] => The South Harbor-based port operator AsianTerminals Inc. has kicked off the construction of a P100-million passenger shipping terminal that would form part of 10-year modernization program in that portion of the Manila Bay area.
ATI chairman Capt. Roger Davies said the new facility to be put up at Pier 15 of the South Harbor has been designed to service passengers of domestic shipping lines, with amenities comparable with those of modern airports.
[DatePublished] => 2002-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | December 4, 2005 - 12:00am
By Zinnia B. Dela Peña | December 4, 2005 - 12:00am
By Zinnia B. Dela Peña | October 3, 2005 - 12:00am
By Christina Mendez | June 22, 2002 - 12:00am
By Christina Mendez | May 18, 2002 - 12:00am
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