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+ Follow WILLIAM LINES INC Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 218865 [Title] => WG&A absorbs operations of Cebu Ferries Corp [Summary] => WG&A , the countrys largest shipping firm, will absorb the operations of its wholly-owned subsidiary Cebu Ferries Corp. as part of continuing efforts to improve operational efficiencies, the company told the Philippine Stock Exchange.
In a disclosure, WG&A said its board of directors decided to transfer to the company the shipping operations of CFC on or before Nov. 1.
CFC operates five vessels which it charters from WG&A.
The move is in line with efforts to streamline operations and cut on costs, WG&A said.
[DatePublished] => 2003-08-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 215799 [Title] => WG&A earmarks P2B for new vessels, ICT upgrade [Summary] => WG&A, the countrys largest and most profitable shipping firm, has earmarked as much as P2 billion for the acquisition of new vessels and the improvement of its computer system.
In an interview with reporters yesterday, WG&A president Enrique "Endika" Aboitiz said the bulk of the capital budget or P1.2 billion is being spent for the acquisition of two new ships Superferry 17 and 18 to support President Arroyos Strong Republic Nautical Highway (SRNH).
[DatePublished] => 2003-08-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 181154 [Title] => WG&A income down to P250.9-M in 1st 9 months [Summary] => Higher depreciation charges and operating expenses pulled down the net income of listed shipping firm William, Gothong & Aboitiz (WG&A) in the first nine months of the year to P250.89 million from P564.57 million the previous level.
Excluding the non-recurring items booked in 2002 and 2003, WG&A said, in a quarterly report filed with the Securities Exchange Commission, that its net income would have been P520 million.
[DatePublished] => 2002-10-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 175143 [Title] => Aboitiz to make tender offer to WG&A minority shareholders [Summary] => Aboitiz Equity Ventures Inc. (AEVI) said it will make a tender offer to minority shareholders of William, Gothong & Aboitiz Inc. following its acquisition of a controlling interest in WG&A.
The Aboitiz group has agreed to purchase the combined 61-percent shareholdings of its partners the Chiongbian and Gothong families at P3.98 per share or for a total price of P3.65 billion.
Upon completion of the share purchase, the Aboitiz Group will increase its stake in the listed shipping firm to 92 percent from only 31 percent.
[DatePublished] => 2002-09-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
WILLIAM LINES INC
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 218865 [Title] => WG&A absorbs operations of Cebu Ferries Corp [Summary] => WG&A , the countrys largest shipping firm, will absorb the operations of its wholly-owned subsidiary Cebu Ferries Corp. as part of continuing efforts to improve operational efficiencies, the company told the Philippine Stock Exchange.
In a disclosure, WG&A said its board of directors decided to transfer to the company the shipping operations of CFC on or before Nov. 1.
CFC operates five vessels which it charters from WG&A.
The move is in line with efforts to streamline operations and cut on costs, WG&A said.
[DatePublished] => 2003-08-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 215799 [Title] => WG&A earmarks P2B for new vessels, ICT upgrade [Summary] => WG&A, the countrys largest and most profitable shipping firm, has earmarked as much as P2 billion for the acquisition of new vessels and the improvement of its computer system.
In an interview with reporters yesterday, WG&A president Enrique "Endika" Aboitiz said the bulk of the capital budget or P1.2 billion is being spent for the acquisition of two new ships Superferry 17 and 18 to support President Arroyos Strong Republic Nautical Highway (SRNH).
[DatePublished] => 2003-08-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 181154 [Title] => WG&A income down to P250.9-M in 1st 9 months [Summary] => Higher depreciation charges and operating expenses pulled down the net income of listed shipping firm William, Gothong & Aboitiz (WG&A) in the first nine months of the year to P250.89 million from P564.57 million the previous level.
Excluding the non-recurring items booked in 2002 and 2003, WG&A said, in a quarterly report filed with the Securities Exchange Commission, that its net income would have been P520 million.
[DatePublished] => 2002-10-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 175143 [Title] => Aboitiz to make tender offer to WG&A minority shareholders [Summary] => Aboitiz Equity Ventures Inc. (AEVI) said it will make a tender offer to minority shareholders of William, Gothong & Aboitiz Inc. following its acquisition of a controlling interest in WG&A.
The Aboitiz group has agreed to purchase the combined 61-percent shareholdings of its partners the Chiongbian and Gothong families at P3.98 per share or for a total price of P3.65 billion.
Upon completion of the share purchase, the Aboitiz Group will increase its stake in the listed shipping firm to 92 percent from only 31 percent.
[DatePublished] => 2002-09-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | August 28, 2003 - 12:00am
By Zinnia B. Dela Peña | August 2, 2003 - 12:00am
October 24, 2002 - 12:00am
By Zinnia B. Dela Peña | September 8, 2002 - 12:00am
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Keanu Jahns carded a sensational seven-under-par 64 to wrest a one-shot lead over Enrico Gallardo in the rain-hit ICTSI Forest Hills Classic at the Nicklaus course here yesterday.
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Keanu Jahns continued his stellar form from his near-miss at Splendido Taal in July, carding a sensational seven-under-par 64 to wrest a slim one-shot lead over a surging Enrico Gallardo in the rain-hit ICTSI Forest Hills Classic.
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Tropical Storm Helen (International name: Pulasan) is set to leave the Philippine area of responsibility (PAR) by Wednesday night, September 18, but it will still enhance the southwest monsoon or habagat, triggering rain and winds across the country.
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Twenty individuals died due to the combined effects of the enhanced southwest monsoon, locally known as habagat, and tropical cyclones "Ferdie" and "Gener."
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While no tropical cyclone wind signal is in effect, both tropical cyclones are still expected to enhance the southwest monsoon, triggering rain across different parts of the country.
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February 12, 2018
- 12:00 am
- 12:00 am
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