Metro Pacific Posts PhP15B Core Net Income in 2018

Metro Pacific Investments Corp. (MPIC) (PSE: MPI) has reported a 7% rise in consolidated core net income to PhP15.1 billion for the year ended December 31, 2018, mainly driven by: (i) an expanded power portfolio following further investment in Beacon Electric Asset Holdings Inc. in 2017; (ii) continuing traffic growth on all domestic roads; and […]
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Metro Pacific Announces DCWD Water Concession Joint Venture Project

On May 16, 2018, MetroPac Water Investments Corp. (MPW), a subsidiary of Metro Pacific Investments Corp. (PSE: MPI), officially received from Dumaguete City Water District (DCWD) the Notice of Award for the rehabilitation, operation, maintenance, and expansion of DCWD’s existing water distribution system and development of wastewater facilities. MPW and DCWD shall enter into a […]
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MetroPac Enters Subscription Agreement with Manila Water Consortium

Manila—(PHStocks)—Metro Pacific Investments Corporation (MPIC, PSE: MPI) has announced that MetroPac Water Investments Corporation (MetroPac) has entered into a subscription agreement with the Manila Water Consortium Inc. (the “Consortium”) for the subscription to 128,700,000 common shares in the Consortium (the “Shares”). Once the Securities and Exchange Commission (SEC) approves the increase in the authorized capital […]
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