Ayala Corp

Billionaire Enrique Razon Offers To Buy More Shares Of Manila Water

by in Categories News
Billionaire Enrique Razon

Billionaire Enrique Razon offered to buy the rest of Manila Water’s shares, seeking to consolidate his control, according to a stock exchange filing on Friday. This, as the government renegotiated its contract in order to supply water to the capital’s east zone. In a disclosure, Manila Water said that billionaire Enrique Razon’s Prime Metroline Holdings … Read more

Enrique Razon Acquires 25 Percent Of Ayala’s Manila Water

by in Categories Business
Enrique Razon

Ayala Corp on Monday said that billionaire Enrique Razon bought 25% of Manila Water, bringing PHP 10.7 billion in fresh funding to the utility that has come under government inquiry. Ayala Corp said that it would retain a 38.6% stake in Manila Water, which supplies water to the Philippine capital’s east zone. Prime Metroline Holdings, … Read more