Showing posts with label Industrial. Show all posts
Showing posts with label Industrial. Show all posts

GMA 7 Issues Cash Dividend

The board of Directors of GMA Network Inc. (PSE:GMA7) has agreed to declare a special cash dividend with details as follows:

Cash = P 0.26 per share
Ex-date  Aug. 16, 2012
Record Date Aug. 22, 2012
Payment Date Sept. 14, 2012

MVP's acquisition of GMA7 Still Up in the Air

In an interview during a commemorating event as a publicly listed company, CEO and President of GMA network (PSEGMA7) Atty. Felipe Gozon said that Manuel V. Pangilinan's talks of acquisition is in a "wait-and-see" mode. He further clarified that there was no set timeline if they are to pushthrough with the deal. 

It has been several months ago since rumors of acquisition surfaced. 

Meralco Exploring Potential Tie-Up

Philippine listed company Meralco (MER) confirms talks with a number of entities for a possible joint venture to expand  their coal-fire power plant to ensure adequate power supply and ensure competitiveness. Among the companies they are in discussion with is Thailand's Electricity Generating Public Co. Ltd.  

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