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OSK Research upgrades Leader Universal to buy
Published July 8, 2009, 7:38 pm, The Edge Daily
KUALA LUMPUR: OSK Equity Research has upgraded Leader Universal Holdings Bhd from trading buy to buy at 65 sen with target price 79 sen after the company announced its wholly owned subsidiary, Leader Universal (Labuan) Limited, has entered into a JV and shareholders agreement with Al-Ghazalah Development Co. and Suasana Daya Sdn Bhd.
Neda questions Laiban’s water proposal
Published July 7, 2009, 11:58 pm, Manila Standard Today
The National Economic and Development Authority has expressed reservation on the “take-or-pay” provision in the unsolicited offer of San Miguel Corp. to construct the P52-billion Laiban Dam project in Tanay, Rizal.
Deal may allow SMC to charge for unused water
Published July 7, 2009, 11:07 am, GMA News
San Miguel Corp. (SMC) may yet repeat history. The food conglomerate may do for the water sector what power plant owners did for electricity way back in the 1990s.
NEDA opposes ‘take or pay’ for Laiban dam project
Published July 7, 2009, 9:21 am, The Manila Times
The National Economic and Development Authority (NEDA) is opposing the “take or pay” proposal of the San Miguel Bulk Water Co. Inc. on the planned multibillion-peso Laiban dam project that would require a direct guarantee from government.
Deal may allow SMC to charge for unused water
Published July 7, 2009, 7:16 am, GMANews.TV via Yahoo! Philippines News
MANILA, Philippines - San Miguel Corp. (SMC) may yet repeat history.
Review dam proposal by San Miguel, MWSS urged
Published July 7, 2009, 6:46 am, BusinessWorld Online
THE NATIONAL Economic and Development Authority (NEDA) has called on the Metropolitan Waterworks and Sewerage System (MWSS) to address its reservations over an unsolicited offer to build the Laiban Dam in Rizal, as the regulator prepares to enter a joint venture with a unit of diversifying food and beverage conglomerate San Miguel Corp.
SECRECY, RUSH MARK TENDER OF BIG DAM
Published July 5, 2009, 9:28 am, Yehey!
By Rodel Landingin, Philippine Center For Investigative Journalism First of two parts ...
SECRECY, RUSH MARK TENDER OF BIG DAM
Published July 5, 2009, 9:20 am, The Manila Times
The government is giving bidders only five working days to initiate a challenge to the unsolicited proposal of San Miguel Corp.—the food-beverage giant controlled by Marcos crony Eduardo “Danding” Cojuangco Jr.—to build the P52-billion Laiban dam in Rizal province, potentially one of the biggest infrastructure projects to be launched by the Arroyo administration.
Secrecy, rush mark Laiban dam tender
Published July 5, 2009, 7:35 am, BusinessWorld Online
THE GOVERNMENT is giving bidders only five working days to initiate a challenge to the unsolicited proposal of San Miguel Corporation — the food-beverage giant controlled by Marcos crony Eduardo "Danding" Cojuangco Jr. — to build the P52-billion Laiban dam in Rizal province, potentially one of the biggest infrastructure projects to be launched by the Arroyo administration.
July 2 notice
Published July 5, 2009, 7:20 am, Philippine Center for Investigative Journalism
In a notice published in a newspaper only last July 2 (Thursday), the MWSS announced it was inviting applications for eligibility to submit joint venture proposals for the design, financing, construction and operation of the dam located 70 kilometers east of Manila that aims to boost water supply to the capital region’s 12 million residents and ease potential shortfalls.
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