October 10, 2007
FPHC Calls for a Special Stockholders' Meeting on Oct. 10, 2007
The board has approved an amendment to Article 7th of FPHC's Articles of Incorporation by increasing the authorized capital stock to P32,100,000,000.00 from P12,100,000,000.00 and creating 200,000,000 preferred shares with a par value of P100 each share.
October 10, 2007
Notice of Special Stockholders' Meeting on Oct. 10, 2007
FPHC will have a Special Stockholders' Meeting on Wednesday, October 10, 2007, at 3:00 p.m. at the Meralco Mini-Theater, Lopez Building, Ortigas Avenue, Pasig City.
April 17, 2007
FPHC's Net Income Almost Doubles (April 17, 2007)
First Holdings earned its highest revenues and net income in its 46-year history. Its revenues hit an all-time high of P59.6 billion, 12% higher than last year’s P53.3 billion. Net income was P8.7 billion, 78% higher than P4.9 billion last year.
April 11, 2007
FPH Draws P5 Billion on FXCN Agreement (Apr 11, 2007)
The Corporation has drawn the amount of P5 Billion Pesos under the Fixed Rate Corporate Notes Facility Agreement which it signed with ING Bank N. V. Manila Branch and certain institutions.
March 08, 2007
First Gen Income Up 6% at US$ 92 Million (Mar. 8, 2007)
First Gen reported higher profits in 2006 with net income of US$ 92 million, up by 6% compared to 2005. The increase was primarily driven by the acquisition of the 112MW Pantabangan-Masiway Hydroelectric Complex.
March 06, 2007
FPHC Questions Sandiganbayan Decision on EPCIB (Mar. 6, 2007)
Lopez-owned First Philippine Holdings Corporation (FPHC) will question the Sandiganbayan decision dismissing, even before trial of the case, their claim to a block of Equitable-PCI Bank (EPCIB) shares registered in the name of Trans Middle East (Phils.)
February 26, 2007
Meralco Declassifies Shares (Feb 26, 2007)
Meralco decided to remove the classification of its capital stock into Class "A" and Class "B" shares subject to the approval by the stockholders and o the regulatory rules and requirements of SEC, PSE and the ERC.
February 23, 2007
FPHC Holds Roadshow to Launch Note (Feb. 23, 2007)
First Holdings held a roadshow to launch its P3 billion domestic fixed rate corporate note last Feb. 23, 2007 at the Makati Shangrila Hotel. The note was rated “PRS Aaa minus” by PhilRatings.
February 20, 2007
FPHC to Raise P3 Billion Worth of Fixed Notes (Feb. 20, 2007)
The Corporation intends to raise P3 Billion worth of fixed rate corporate notes (the "Notes") with an option to increase to P5 Billion. The proceeds are to be used for general corporate purposes which may include capital expenditures and acquisitions.