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Manila Electric Co (MER.PS)

MER.PS on Philippine Stock Exchange

287.80PHP
19 Oct 2017
Change (% chg)

Php-0.20 (-0.07%)
Prev Close
Php288.00
Open
Php289.00
Day's High
Php290.80
Day's Low
Php286.00
Volume
309,330
Avg. Vol
610,198
52-wk High
Php297.40
52-wk Low
Php254.00

Latest Key Developments (Source: Significant Developments)

Manila Electric confirms statement in news article posted in Manilastandard.net
Wednesday, 27 Sep 2017 10:43pm EDT 

Sept 28 (Reuters) - Manila Electric Co ::Confirms statement in news article entitled "meralco sees sales volume rising 5 pct" , posted in Manilastandard.net.  Full Article

Manila Electric Co appoints Rogelio L. Singson as senior vice-president
Monday, 25 Sep 2017 02:28am EDT 

Sept 25 (Reuters) - Manila Electric Co ::Appoints Rogelio L. Singson as senior vice-president of company.  Full Article

Manila Electric net income down 2 pct in H1
Thursday, 3 Aug 2017 01:47am EDT 

Aug 3 (Reuters) - Manila Electric Co :Says H1 net income 10.5 billion pesos versus 10.8 billion pesos last year.  Full Article

Manila Electric confirms news article "Meralco Revives P10-B Rail Proposal"
Thursday, 20 Jul 2017 04:07am EDT 

July 20 (Reuters) - Manila Electric Co :Confirms news article "Meralco Revives P10-B Rail Proposal".  Full Article

Metro Pacific Investments says entered agreement for placement of 50.7 mln Meralco shares
Thursday, 15 Jun 2017 01:17am EDT 

June 15 (Reuters) - Metro Pacific Investments Corp ::Co entered into agreement for placement of 50.7 million Meralco shares to institutional investors.Proceeds will be used to partially fund acquisition of remaining 25% interest of PLDT Communications and Energy Ventures in Beacon Electric asset.  Full Article

Manila Electric clarifies on article "Meralco allocates P18B for capex”
Monday, 5 Jun 2017 08:00pm EDT 

June 6 (Reuters) - Manila Electric Co :Refers to article "Meralco allocates P18B for capex” in manilastandard.net ‍​.Confirm statements attributed to company regarding proposed PHP18 billion capex application for regulatory year 2018.Further clarifies it received provisional approval for 8.757 billion pesos for its ry 2017 capex application.  Full Article

Manila Electric clarifies article entitled "Meralco plans to invest in Nigeria and Indonesia"
Wednesday, 31 May 2017 02:24am EDT 

May 31 (Reuters) - Manila Electric Co :Clarifies news article entitled "meralco plans to invest in nigeria and indonesia" posted in manilastandard.net on May 30‍​.Confirms co is looking at business opportunities in Nigeria, Malaysia, Vietnam, Thailand and Indonesia but all in exploratory stage.  Full Article

Manila Electric signs power supply agreement with Sem-Calaca Power Corp
Friday, 5 May 2017 03:21am EDT 

May 5 (Reuters) - Manila Electric Co :Meralco through its local res segment, signed a power supply agreement with Sem-Calaca Power Corp for a term of 10 years.Power supply agreement may be extended up to 4 years upon mutual agreement of parties covering a total capacity of 420 mw.  Full Article

Manila electric says Q1 net income up 6 percent y/y
Monday, 24 Apr 2017 02:00am EDT 

April 24 (Reuters) - Manila Electric :Q1 net income rose 6 pct from the same period last year, to 4.82 billion pesos .Further company coverage: MER.PS.  Full Article

Manila Electric Co says FY net income 19.18 billion Pesos
Sunday, 16 Apr 2017 11:53pm EDT 

April 17 (Reuters) - Manila Electric Co ::FY gross revenue 257.18 billion pesos versus 258.40 billion pesos.FY net income attributable to parent equity holder 19.18 billion pesos versus 19.10 billion pesos.  Full Article