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  1. #1

    Question SUPERFERRY WG & A and ABOITIZ

    http://74.6.146.127/search/cache?ei=...2Zb.qcGWAHmg--


    PART I - BUSINESS AND GENERAL INFORMATION

    Item 1. Business
    Description of Business
    The Company’s history dates back to May 26, 1949 with the establishment of William
    Lines, Inc., a passenger and cargo shipping company headquartered in Cebu. Driven by
    the vision of providing the nation with the best shipping services, the company
    consolidated its resources and expertise with two other Cebu based companies namely
    Carlos A. Gothong Lines, Inc. and Aboitiz Shipping Corporation last December 21, 1995.
    This marked the birth of William, Gothong & Aboitiz, Inc. (WG&A). The Securities and
    Exchange Commission (SEC) approved last February 28, 1996 the corporate name. In
    2002, Aboitiz Equity Ventures, Inc. (AEV) acquired the combined holdings of the
    Chiongbian and Gothong Group. The buyout by AEV of the shareholdings of C&G Group
    was executed through an Escrow Agreement dated July 31, 2002. In compliance with the
    agreement, the Company amended its Article of Incorporation to change its registered
    corporate name from William, Gothong & Aboitiz, Inc. (WG&A) to Aboitiz Transport
    System (ATSC) Corporation of which the Securities and Exchange Commission (SEC)
    approved last February 4, 2004






    - 11 -
    PART II - OPERATIONAL AND FINANCIAL INFORMATION


    Item 5. Market Price of and Dividends on Registrant’s Common Equity and
    Related Stockholder Matter.

    Market Information

    The registrant’s common equity is traded in the Philippine Stock Exchange (“PSE”).

    Stock Prices – 2003, 2004 and 1
    st
    Quarter of 2005
    High Low
    2005
    First Quarter

    2004
    First Quarter
    Second Quarter
    Third Quarter
    Fourth Quarter

    2003
    First Quarter
    Second Quarter
    Third Quarter
    Fourth Quarter
    P
    = 1.82

    P
    = 2.65
    2.30
    2.26
    2.18

    P
    = 2.34
    2.12
    2.80
    3.10
    P
    = 1.70

    P
    = 1.62
    1.04
    1.74
    1.70

    P
    = 1.90
    2.00
    2.00
    2.04

    Latest Market Price

    On April 01, 2005 trading date, the market price of the Company’s common stock is
    P1.80 per share.

    Stockholders

    The number of shareholders of record as of March 31, 2005 was 2,290 for common and
    2,257 for preferred. The outstanding shares as of March 31, 2005 are 1,891,328,646
    common and 74,904,087 preferred shares. Filipinos own Ninety-nine point ninety-one
    percent (99.91%

  2. #2
    What this?

    Because of the buy-out of AEV Superferry is now back to aboitiz, notice the WGA logo is no longer used as their brand.

    And Gothong Lines now operates independently

    Pa pogi lang ang porma ng barko marami naman recorded tragedy.

    Buti pa NENACO, kahit kailan minamaliit sila ng WGA but still able to provide safety in sea travel

  3. #3
    te quiero... gargaruru's Avatar
    Join Date
    Mar 2010
    Location
    in your heart
    FYI...

    NENACO already bought Superferry and ALL aboitiz sub-company...

  4. #4
    Good for NENACO it will eventually put their place again at the premier inter-island shipping company

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