Maynilad Chairman Manuel Pangilinan Thanked President Duterte For His “Sincerity And Kindness” After Hearing The President’s Remark. Manuel Pangilinan, a business tycoon, thanked President Rodrigo Duterte for his “sincerity and kindness” after hearing the President’s remark. This, as Manuel Pangilinan — the chairman of Metro Pacific Investments Corp (a group of companies which was composed … Read more
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
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